The difference between Czech salaries rises

According to the statistics made by Organisation for Economic Co-operation and Development (OECD), the difference between the highest and lowest salaries in the Czech Republic has risen, but still the Czech Republic belongs to OECD countries with the smallest wage inequality.

The Gini coefficient, that measures the rate of wage inequality, is for the Czech Republic 26, while the average rate for all OECD countries is 31. The higher the number is, the larger is the difference between the salaries. Lower coefficient is only in Denmark, Sweden, the Netherlands and Austria.

The low coefficient for the Czech Republic is caused by a generous social system and social equality supported by eight years of the governance of Social Democrats. Economists predict that the number will grow due to expected tax reforms.

U Krale Karla, Prague

4-star hotel close to Prague Castle. Learn more and book a room online!

Prague.net

Prague.net - your absolute Prague guide and travel resource.

Theme:

Time Navigation