In 2007, the national minimum wage in Czechia remained fixed at €291.1 per month, that is 3,493 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 Czechia, we can see that, this year, it was 8,000 Czech Koruna and accordingly, the national minimum wage has been raised 45 Czech Koruna per month from the previous year, 0.57%. This increase is less than the CPI of 2006 which was 1.7%,and so workers, despite the raise, have lost buying power in the last year.
If we look at the ranking of the national minimum wage that we publish, Czechia is in 23 nd place of the 84 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 Czechia. You can see NMW in other countries in National Minimum Wage 2007 and see all the information about this country in Czechia economy.