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

CEZ Group 

 
 
Source
Current account balance

USD 2.1 billion (2017 estimate)

Current account balance by percentage of GDP

1.1% (2017 estimate)

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

83.0% (2015)

Shares in world total merchandising export

1.0% (2015)

Shares in world total commercial services export

0.5% (2015)

Total exports

USD 141.7 billion (2016 estimate)

Export commodities

Machinery and transport equipment, raw materials, fuel, chemicals

Total imports

USD 132.4 billion (2016 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 30%, Poland 9%, China 8.3%, Slovakia 6.6%, Netherlands 5%, Austria 4.1% (2015)

FDI inflows
2013 2014 2015
USD 3,639 million USD 5,492 million USD 1,223 million
FDI outflows
2013 2014 2015
USD 4,019 million USD 1,620 million USD 2,305 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 474.2 million USD 3998.3 million USD 1.3 million USD -6.9 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: 27 out of 190 countries (2016)

Subcategories:

Starting a business: 81 out of 190 countries

Enforcing Contracts: 68 out of 190 countries

Registering Property: 31 out of 190 countries

Getting credit: 32 out of 190 countries

Protecting investors: 53 out of 190 countries

Trading across border: 1 out of 190 countries

Paying Taxes: 53 out of 190 countries

Dealing with Construction Permits: 130 out of 190 countries

Getting Electricity: 13 out of 190 countries

Resolving Insolvency: 26 out of 190 countries

Global competitiveness ranking

31 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 21 / Score: 73.22 (Mostly free) (2017)

(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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