In 2020, the national minimum wage in Czech Republic remained fixed at 574.6 € per month, that is 6,895 euros per year, taking into account 12 payments per year.
If we look at the minimum salary in Czech Koruna, which is the official currency in Czech Republic, we can see that, this year, it was 14,600 Czech Koruna and accordingly, the national minimum wage has been raised 1,250 Czech Koruna per month from the previous year, 9.36%. This increase is greater than the CPI of 2019 which was 2%, so workers have gained buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Czech Republic is in 28 nd place of the 98 of the list.
The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.
In the table that follows we show you the progression of the National Minimum Wage Czech Republic. You can see NMW in other countries in National Minimum Wage 2020 and see all the information about this country in Czech Republic economy.