The Czech Republic GDP Data & Country Report

The Czech Republic Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in The Czech Republic; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Czech National Bank

International Reserves

US$ 41.844 billion (Source: IMF; Data updated: November 2011)

Gross Domestic Product - GDP

US$ 218.363 billion (2010 estimate)

GDP (Purchasing Power Parity)

268.772 billion of International dollars (2010 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
3.6%	2.5%	1.9%	3.6%	4.5%	6.3%	6.8%	6.1%
2008	2009	2010	2011*
2.5%	-4.1%	2.3%	1.7%

*Estimate

GDP per capita - current prices

US$ 20,738 (2010 estimate)

GDP per capita - PPP

$25,526 International Dollars (2010 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
N/A	N/A	0.37%	0.35%	0.33%

**Forecast

GDP - composition by sector

agriculture: 2.2%
industry: 38.7%
services: 59% (2011 estimate)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

1.47% (2008)

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
6.3%(2008)	1%	1.5%	2%

*Estimate

Unemployment rate

2008	2009	2010	2011*
4.4%	6.7%	7.3%(2009)	7.1%

*Estimate

Household saving rates

0.6% (Net saving; 2011 forecast)

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
29%	30%	35.4%	39.6%	41.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-0.7%	-2.7%	-5.9%	-5.4%	-5.6%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: A/Positive/A-1

Moody's rating: A1

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$73.42 billion	US$48.85 billion	US$52.688 billion

Largest companies in The Czech Republic

CEZ (Electric Utilities)
(2011)

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -4 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-1.8% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

69.5% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.87%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.59%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$116.5 billion f.o.b. (2010 estimate)

Export commodities

machinery and transport equipment 52%, raw materials and fuel 9%, chemicals 5% (2003)

Total imports

US$141.4 billion f.o.b. (2008 estimate)

Import commodities

machinery and transport equipment 46%, raw materials and fuels 15%, chemicals 10% (2003)

Exports - major partners

Germany 30.7%, Slovakia 8.7%, Poland 5.9%, France 5.4%, UK 5.1%, Italy 4.9%, Austria 4.6% (2007)

Imports - major partners

Germany 31.8%, Netherlands 6.7%, Slovakia 6.4%, Poland 6.3%, Austria 5.1%, China 5.1%, Russia 4.5%, Italy 4.4%, France 4.1% (2007)

FDI inflows

2008	2009	2010
US$6,451 million	US$2,927 million(2009)	US$6,781 million(2009)

FDI outflows

2008	2009	2010
US$4,323 million	US$949 million	US$1,702 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
US$34 million	US$1,608 million(2009)	US$-17 million(2009)	US$-552 million

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 63 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 130 out of 183 countries(2009)

Registering property: 47 out of 183 countries

Paying Taxes: 128 out of 183 countries

Getting credit: 46 out of 183 countries

Protecting investors: 93 out of 183 countries

Trading across border: 62 out of 183 countries

Enforcing Contracts: 78 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 28 Score: 70.4 (Mostly Free) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+1

Total area

78,867 km² (2006)

Capital

Prague (2009)

Currency

koruny (CZK) (2009)

Government type

parliamentary democracy (2009)

Languages

Czech 94.9%, Slovak 2%, other 2.3%, unidentified 0.8% (2001 census)

Religions

Roman Catholic 26.8%, Protestant 2.1%, other 3.3%, unspecified 8.8%, unaffiliated 59% (2001 census)

Total population

1980	1990	2000	2010*	2015**
N/A	N/A	10.22 million	10.43 million	10.44 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
59.5%	75.2%	74%	73.5%

Population median age

39.0 years (2006)

Population growth rate

0.6% (2009)

Life expectancy

76 years (2007)

Adult literacy

N/A

% of population living on less than $2 a day

<2% (2011)

Inequality of wealth distribution (Gini index)

25.4 (1996)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

157.53% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

68.82% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Prague: 47th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

11.3376 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2012:

COUNTRY WINNERS CSOB (National, 2012)

2011:

COUNTRY WINNERS CSOB (National, 2011)

2010:

COUNTRY WINNERS CSOB (National, 2010)

2009:

COUNTRY WINNERS CSOB (National, 2009)

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks mBank (National, 2011)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Consumer Internet Banks mBank (National, 2010)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Consumer Internet Banks HSBC (2009)
COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (2009)

WORLD'S SAFEST BANKS

2012:

REGIONAL WINNERS ?eska spo?itelna (Central and Eastern Europe, 2012)
REGIONAL WINNERS Komer?ní Banka (Central and Eastern Europe, 2012)

2011:

REGIONAL WINNERS Ceska Sporitelna (Central and Eastern Europe, 2011)
REGIONAL WINNERS Komercní Banka (Central and Eastern Europe, 2011)
OVERALL SAFEST Komercní Banka (Global, 2011)
OVERALL SAFEST Ceska sporitelna (Global, 2011)

2010:

REGIONAL WINNERS Ceska Sporitelna (Central and Eastern Europe, 2010)
REGIONAL WINNERS Komercní Banka (Central and Eastern Europe, 2010)

WORLD'S BEST EMERGING MARKET BANKS

2012:

COUNTRY WINNERS CSOB (National, 2012)

2011:

COUNTRY WINNERS CSOB (National, 2011)

2010:

COUNTRY WINNERS CSOB (National, 2010)

2009:

COUNTRY WINNERS Raiffeisenbank (2009)

WORLD'S BEST SUB CUSTODIANS

2011:

COUNTRY WINNERS CSOB (National, 2011)

2010:

COUNTRY WINNERS CSOB (National, 2010)

2009:

COUNTRY WINNERS CSOB (National, 2009)

CENTRAL BANKER REPORT CARD

2011:

Grade: B (Miroslav Singer, 2011)

2010:

Grade: Too early to say (Miroslav Singer, 2010)

2009:

Grade: A (Zdenek Tuma, 2009)

TOP 200 EMERGING MARKETS BANKS

2010:

OVERALL BIGGEST Ceskoslovenska obchodni banka (Global, 2010)
OVERALL BIGGEST Ceska Sporitelna (Global, 2010)
OVERALL BIGGEST Komercní Banka (Global, 2010)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

COUNTRY WINNERS CSOB (National, 2012)

2011:

COUNTRY WINNERS CSOB (National, 2011)

2010:

COUNTRY WINNERS CSOB (National, 2010)

2009:

COUNTRY WINNERS CSOB (National, 2009)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

The Czech Republic GDP Data & Country Report | Global Finance

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2012:

2011:

2010:

2009:

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S SAFEST BANKS

2012:

2011:

2010:

WORLD'S BEST EMERGING MARKET BANKS

2012:

2011:

2010:

2009:

WORLD'S BEST SUB CUSTODIANS

2011:

2010:

2009:

CENTRAL BANKER REPORT CARD

2011:

2010:

2009:

TOP 200 EMERGING MARKETS BANKS

2010:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2012:

2011:

2010:

2009: