Czech Average wages - 3. quarter of 2023. The nominal wage per full-time equivalent (FTE) employee increased by 7.1% to CZK 42 658,
In the Q3 2023, the average gross monthly nominal wage per full-time equivalent (FTE) employee in the national economy increased by 7.1% compared to the corresponding period of the previous year. In real terms, it decreased by 0.8%. The median wage was CZK 37 492 .
“The real wage decrease also continued in the Q3 2023. The nominal wage per full-time equivalent (FTE) employee increased by 7.1% to CZK 42 658, year-on-year, however, after taking the inflation into account, it decreased in real terms by 0.8%,” Jitka Erhartová, Head of the Labour Statistics Unit of the Czech Statistical Office (CZSO), comments.
In the Q3 2023 , the average gross monthly nominal wage *) (hereinafter only referred to as ‘the average wage’) per FTE employee in the national economy in total was CZK 42 658 , which is by CZK 2 810 (7.1%) more than in the corresponding period of 2022. In the aforementioned period, consumer prices increased by 8.0% and the wage therefore decreased in real terms by 0.8%. The volume of wages increased by 7.5%; the number of employees increased by 0.4%.
Compared to the previous quarter , the seasonally adjusted average wage increased by 1.5% in the Q3 2023.
According to the breakdown of economic activities (industries) by CZ-NACE section, the highest increase of the average wage compared to the corresponding period of 2022 was recorded in ‘electricity, gas, steam and air conditioning supply’ (13.7%). It is followed by ‘information and communication’ (9.0%), ‘accommodation and food service activities’ (8.8%), and ‘real estate activities’ (8.6%). The lowest increase by 0.9% occurred in ‘other service activities’.
The median wage (CZK 37 492 ) increased by 7 .1 % compared to the corresponding period of the previous year. The male median wage reached CZK 40 153 and the female one was CZK 34 705 . Eighty per cent of employees earned wages within the interval from CZK 19 835 to CZK 66 998 .
In the Q1 through Q3 of 2023 , the average wage reached CZK 42 427; in the year-on-year comparison, the increment was CZK 3 110 (7.9%). Consumer prices increased in the aforementioned period by 11.7%; the wage thus decreased in real terms by 3.4%.
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*)The average gross monthly wage is a share of wage funds (including extra pay for overtime work, bonuses, compensation of wages, etc.) per one employee per month. Therefore, it does not indicate what wage one specific employee has. The earnings structure statistics, in which data on earnings of individual employees are available, show that about two thirds of employees have a wage below the national average.
The median wage represents a value of an employee wage in the middle of the wage distribution. It means that one half of the wages is lower and the second half of the wages is higher than the median wage. Unlike the average wage, which is calculated based on background data from enterprise reports, the median has to be derived from a statistical-mathematical model based on a sample survey, because enterprise questionnaires (reports) only contain aggregated data for a whole enterprise or an organisation.
It has to be kept in mind that from the gross wages the employers pay appropriate amounts for premiums for health insurance and social security and advances of income taxes of natural persons for their employees. The employees are paid net wages.
Notes:
The data are preliminary. Refined data will be available in March 2024 .
Responsible head at the CZSO: Dalibor Holý, Director of the Labour Market and Equal Opportunities Statistics Department, phone number (+420) 274 052 694, e-mail: dalibor.holy@czso.cz
Contact person: Jitka Erhartová, Head of the Labour Statistics Unit, phone number (+420) 274 052 116, e-mail: jitka.erhartova@czso.cz
Method of data acquisition: The direct survey and models of the CZSO; the ISAE (Information System on Average Earnings) model
End of data processing: 23 November 2023
Related data set: 110024-23 Registered number of employees and their wages (the third quarter of 2023),
/current-product/41269
Next news release will be published on: 5 March 2024
Attachments
- year 2023 | 3. quarter of 2023 | 2. quarter of 2023 | 1. quarter of 2023
- year 2022 | 4. quarter of 2022 | 3. quarter of 2022 | 2. quarter of 2022 | 1. quarter of 2022
- year 2021 | 4. quarter of 2021 | 3. quarter of 2021 | 2. quarter of 2021 | 1. quarter of 2021
- year 2020 | 4th quarter of 2020 | 3rd quarter of 2020 | 2nd quarter of 2020 | 1st quarter of 2020
- year 2019 | 4th quarter of 2019 | 3rd quarter of 2019 | 2nd quarter of 2019 | 1st quarter of 2019
- year 2018 | 4. quarter of 2018 | 3. quarter of 2018 | 2. quarter of 2018 | 1. quarter of 2018
- year 2017 | 4th quarter of 2017 | 3rd quarter of 2017 | 2nd quarter of 2017 | 1st quarter of 2017
- year 2016 | 4. quarter of 2016 | 3. quarter of 2016 | 2. quarter of 2016 | 1. quarter of 2016
- year 2015 | 4. quarter of 2015 | 3. quarter of 2015 | 2. quarter of 2015 | 1. quarter of 2015
- year 2014 | 4 quarter 2014 | 3 quarter 2014 | 2 quarter 2014 | 1 quarter 2014
- year 2013 | 4th quarter of 2013 | 3rd quarter of 2013 | 2nd quarter of 2013 | 1st quarter of 2013
- year 2012 | 4th quarter of 2012 | 3rd quarter of 2012 | 2nd quarter of 2012 | 1st quarter of 2012
- year 2011 | 4th quarter of 2011 | 3rd quarter of 2011 | 2nd quarter of 2011 | 1st quarter of 2011
- year 2010 | 4th quarter of 2010 | 3rd quarter of 2010 | 2nd quarter of 2010 | 1st quarter of 2010
Published: 04.12.2023
The data are valid as of the release date of the publication.
Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz
