Wage growth in the Czech Republic was the seventh fastest in the
world between 2011 and 2021. This is according to a Tipalti survey;
the growth reached 50.9%. The average annual wage in the Czech Republic increased to USD 18,687. Slovakia's growth rate was the eighth fastest (43.62%). The average wage in Slovakia in 2021 was USD 15,784. Latvia topped the ranking with wage growth of 103.88%
to USD 18,135.
Compiled by the team of CzechTrade office in Latvia (Lithuania, Estonia).
Source: ČIA NEWS