Average wage in Czechia rises by nearly 4% in real terms in Q2

The average gross wage in the Czech Republic increased by 6.5% year-on-year in the second quarter of 2024, reaching 45,854 CZK, with a real growth of 3.9% after adjusting for inflation, according to the Czech Statistical Office (ČSÚ). The highest wage growth was seen in healthcare and social care, with an 11% increase, and in water supply and waste management, with a 7.8% rise. However, the education sector saw the smallest nominal growth at just 2.1%.

The median wage also rose by 5.8% to 38,529 CZK, with men earning a median of 41,540 CZK and women 35,565 CZK. This marks the second consecutive quarter of real wage growth following over two years of declines. The report highlights a varied impact across sectors, with some industries seeing more significant increases than others.