Source
Central bank

Czech National Bank

International Reserves

USD 85 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 201.1 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 368.0 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
6.9% 5.5% 2.7% -4.8% 2.3% 2% -0.8%
2013 2014 2015 2016* 2017*    
-0.5% 2.7% 4.5% 2.5% 2.7%    

*Estimate

GDP per capita - current prices

USD 19,002.0 (2017, estimate)

GDP per capita - PPP

Intl$ 34,768.0 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
N/A N/A 0.33% 0.31% 0.3%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2.5% 
  • industry: 37.5% 
  • services: 60%

(2016 estimate)

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

2% (2014)

Inflation
2013 2014 2015 2016* 2017*
1.4% 0.4% 0.3% 0.6% 1.9%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
7.0% 6.1% 5.0% 4.1% 4.1%

*Estimate

Household saving rates

6.6% (Total, 2015)

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
44.9% 42.2% 40.3% 39.8% 38.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-1.2% -1.9% -0.4% -0.6% -0.6%

*Estimate

Government bond ratings

Standard & Poor's: AA-

Moody's: A1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in The Czech Republic

CEZ Group 

 
 
Source
Current account balance

US$ -1.039 billion (2014 estimate)

Current account balance by percentage of GDP

-0.524% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

78.6% (2013)

Shares in world total merchandising export

0.85% (2012)

Shares in world total commercial services export

0.5% (2012)

Total exports

US$161.4 billion (2013 estimate) 

Export commodities

machinery and transport equipment, raw materials and fuel, chemicals

Total imports

US$143.4 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and transport equipment, raw materials and fuels, chemicals

Exports - major partners

Germany 31.8%, Slovakia 9.1%, Poland 6.1%, France 5.1%, UK 4.9%, Austria 4.7% (2012)

Imports - major partners

Germany 29.5%, Poland 7.7%, Slovakia 7.4%, China 6.3%, Netherlands 5.8%, Russia 5.3%, Austria 4.3% (2012)

FDI inflows
2011 2012 2013
US$2,318 million US$7,984 million US$4,990 million
FDI outflows
2011 2012 2013  
US$-327 million US$1,790 million US$3,294 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
US$14 million US$26 million US$474 million US$4,012 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (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 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

EPH, GDF Suez SA, France, 3.5

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 75 out of 189 countries (2013)

Subcategories:

Starting a business: 146 out of 189 countries

Enforcing Contracts: 75 out of 189 countries

Registering Property: 37 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 98 out of 189 countries

Trading across border: 68 out of 189 countries

Paying Taxes: 122 out of 189 countries

Dealing with Construction Permits: 86 out of 189 countries

Getting Electricity: 146 out of 189 countries

Resolving Insolvency: 29 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

37

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 26 Score: 72.2 (Mostly Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

78,867 sq km

Capital

Prague

Currency

koruny (CZK)

Government type

parliamentary democracy

Languages

Czech 95.4%, Slovak 1.6%, other 3% (2011 census)

Religions

Roman Catholic 10.4%, Protestant (includes Czech Brethren and Hussite) 1.1%, other and unspecified 54%, none 34.5% (2011 est.)

Total population
1990 2000 2010 2014* 2019**
N/A 10.278 million 10.462 million 10.535 million 10.594 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
59.5% 75% 74% 73%
Population median age

40.9 years (2014 est.)

Population growth rate

0.17% (2014 est.)

Life expectancy

78.31 years (2014 est.)

Adult literacy

99% (2011 est.)

% of population living on less than $2 a day

0.1% (2011)

Inequality of wealth distribution (Gini index)

26.4 (2011)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

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

Total telephone subscribers as % of population

Fixed 18.7%    Mobile 131.3%
(2013)

(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

74.11% (2013)

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

Prague 92nd (2014)

CO2 emissions(Metric tons of CO2 per capita)

10.7 (2010)

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