Source
Central bank

Czech National Bank

International Reserves

USD 142.5 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 242.1 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 395.9 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
5.6% 2.7% -4.8% 2.3% 1.8% -0.8% -0.5%
2014 2015 2016 2017* 2018*    
2.7% 5.3% 2.5% 4.4% 2.9%    

*Estimate

GDP per capita - current prices

USD 22,850.3 (2018, estimate)

GDP per capita - PPP

Intl$ 37,371.0 (2018, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
N/A N/A 0.33% 0.31% 0.29%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 2% 
  • industry: 32.7% 
  • services: 55.3%

(2018 estimate)

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

1.8% (2017)

Inflation
2015 2016 2017 2018* 2019*
0.3% 0.7% 2.5% 2.2% 2.6%

*Estimate

Unemployment rate
2015 2016 2017 2018* 2019*
5% 3.9% 2.9% 2.2% 2.2%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
40% 36.8% 34.7% 32.6% 31.6%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*

-0.6%

0.7% 1.6% 0.9% 0.2%

*Estimate

Government bond ratings

Standard & Poor's: AA-

Moody's: Aa3

Standard & Poor's / Moody's 

Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
Largest companies

CEZ Group 

 
 
Source
Current account balance

USD 0.7 billion (2018 estimate)

Current account balance by percentage of GDP

0.3 % (2018 estimate)

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

78.4% (2018)

Shares in world total merchandising export

1.04% (2018)

Shares in world total commercial services export

0.52% (2018)

Total exports

USD 191.7 billion (2018 estimate)

Export commodities

Machinery and transport equipment, raw materials, fuel, chemicals

Total imports

USD 176.4 billion (2018 estimate)

 
 
Source
Import commodities

Machinery and transport equipment, raw materials and fuels, chemicals

Exports - major partners

Germany 32.4%, Slovakia 9%, Poland 5.8%, UK 5.3%, France 5.1%, Austria 4.1% (2015)

Imports - major partners

Germany 29.8%, Poland 9.1%, China 7.4%, Slovakia 5.8%, Netherlands 5.3%, Italy 4% (2017)

FDI inflows
2016 2017 2018
USD 9,815 million USD 9,522 million USD 9,479 million
FDI outflows
2016 2017 2018
USD 2,182 million USD 7,560 million USD 5,277 million
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
USD -6.9 million USD 26.1 million USD 43.8 million USD 153.8 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

41 out of 190 countries

​Subcategories:
Starting a Business: 134 out of 190 countries
Dealing with Construction Permits: 157 out of 190 countries
Getting Electricity: 11 out of 190 countries
Registering Property: 32 out of 190 countries
Getting Credit: 48 out of 190 countries
Protecting Minority Investors: 61 out of 190 countries
Paying Taxes: 53 out of 190 countries
Trading across Borders: 1 out of 190 countries
Enforcing Contracts: 103 out of 190 countries
Resolving Insolvency: 16 out of 190 countries

Global competitiveness ranking

32 out of 141 countries

(2019)

Index of Economic Freedom

Ranking: 23 / Score: 73.7 (Mostly free)

(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 republic

Languages

Czech (official) 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 2016* 2021*
N/A 10.278 million 10.462 million 10.561 million 10.666 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
60% 75% 74% 73%
Population median age

41.7 years (2016 estimate)

Population growth rate

0.14% (2016 estimate)

Life expectancy

78.6 years (2016 estimate)

Literacy

Total population: 99%
Male: 99%
Female: 99% (2011 est.)

% of population living on less than $3.10 a day

0.1% (2012)

Inequality of wealth distribution (Gini index)

26.1 (2012)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2017)                         

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

Source
Total telephone subscribers as % of population

Fixed 17.56%   Mobile 123.16% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

81.3% (2015)

Mercer Cost of living index

Prague: 124th (2016)

CO2 emissions

9.4 (2013)

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