Czech Republic Economic Statistics and Indicators

13, Feb 2012, CET. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Czech Republic
National or Regional Currency: Czech Koruna, CZK
Year of data: 2011 › Change year
Date of Last Update: 1st August 2011
Area: total: 78,867 sq km land: 77,247 sq km water: 1,620 sq km
Natural Resources: hard coal, soft coal, kaolin, clay, graphite, timber
Capital: name: Prague geographic coordinates: 50 05 N, 14 28 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Czech Republic Economy
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Economic Indicator Listing
  For Czech Republic in year 2011 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.747 %
GDP (Current Prices, National Currency)CZK 3,831.87 Billion.
GDP (Current Prices, US Dollars)US$ 218.363 Billion
GDP Deflator 125.696 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)CZK 289,522.48 .
GDP Per Capita (Current Prices, National Currency)CZK 363,917.43 .
GDP Per Capita (Current Prices, US Dollars)US$ 20,738.16
GDP (PPP), US DollarsUS$ 268.772 Billion
GDP Per Capita (PPP), US DollarsUS$ 25,525.55
GDP Share of World Total (PPP) 0.345 %
Implied PPP Conversion Rate 14.257
Investment (% of GDP) 22.31 %
Gross National Savings (% of GDP) 20.477 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 117.279 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.048 %
Inflation, End of Year (Indexed to Year 2000) 118.041 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2.2 %
Import Volume of All Items Including Goods and Services (Percent Change) 8.979 %
Import Volumes of Goods Only (Percent Change) 7.971 %
Export Volume of All Items Including Goods and Services (Percent Change) 10.258 %
Export Volumes of Goods Only (Percent Change) 11.054 %
Value of Oil ImportsUS$ 12.025 Billions
Value of Oil ExportsUS$ 4.926 Billions
Unemployment Rate (% of Labour Force) 7.072 %
Employment 4.907 Million
Population 10.53 Million
General government revenue (National Currency)CZK 1,569.30 Billions.
General government revenue (% of GDP) 40.954 %
General government total expenditure (National Currency)CZK 1,711.86 Billions.
General government total expenditure (% of GDP) 44.674 %
Total Government Net Lending/ Borrowing (National Currency)CZK -142.561 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -3.72 %
General Government Structural Balance (National Currency)CZK -108.505 Billion.
General Government Structural Balance (% Potential GDP) -2.756 %
General Government Balance (National Currency)CZK -98.79 Billion.
General Government Balance (% of GDP) -2.578 %
Total Government Gross Debt (National Currency)CZK 1,596.07 Billion.
Total Government Gross Debt (% of GDP) 41.652 %
Fiscal Year Gross Domestic Product, Current PricesCZK 3,831.87 Billions.
Current Account Balance (US Dollars)US$ -4.001 Billion
Current Account Balance (% GDP) -1.832 %
Economic Indicators for Czech Republic 2011

GDP (Constant Prices, National Currency) for Czech Republic in year 2011 is CZK 3,048.53 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Czech Republic in year 2011 is 1.747 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Czech Republic in year 2011 is CZK 3,831.87 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Czech Republic in year 2011 is US$ 218.363 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Czech Republic in year 2011 is 125.696 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Czech Republic in year 2011 is CZK 289,522.48 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Czech Republic in year 2011 is CZK 363,917.43 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Czech Republic in year 2011 is US$ 20,738.16 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Czech Republic in year 2011 is US$ 268.772 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Czech Republic in year 2011 is US$ 25,525.55 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Czech Republic in year 2011 is 0.345 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Czech Republic in year 2011 is 14.257 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Czech Republic in year 2011 is 22.31 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Czech Republic in year 2011 is 20.477 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Czech Republic in year 2011 is 117.279 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Czech Republic in year 2011 is 2.048 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Czech Republic in year 2011 is 118.041 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Czech Republic in year 2011 is 2.2 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Czech Republic in year 2011 is 8.979 %.

Import Volumes of Goods Only (Percent Change) for Czech Republic in year 2011 is 7.971 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Czech Republic in year 2011 is 10.258 %.

Export Volumes of Goods Only (Percent Change) for Czech Republic in year 2011 is 11.054 %.

Value of Oil Imports for Czech Republic in year 2011 is US$ 12.025 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Czech Republic in year 2011 is US$ 4.926 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Unemployment Rate (% of Labour Force) for Czech Republic in year 2011 is 7.072 %.

Employment for Czech Republic in year 2011 is 4.907 Million .

Population for Czech Republic in year 2011 is 10.53 Million .

General government revenue (National Currency) for Czech Republic in year 2011 is CZK 1,569.30 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Czech Republic in year 2011 is 40.954 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Czech Republic in year 2011 is CZK 1,711.86 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Czech Republic in year 2011 is 44.674 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Czech Republic in year 2011 is CZK -142.561 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Czech Republic in year 2011 is -3.72 %.

General Government Structural Balance (National Currency) for Czech Republic in year 2011 is CZK -108.505 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

General Government Structural Balance (% Potential GDP) for Czech Republic in year 2011 is -2.756 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

General Government Balance (National Currency) for Czech Republic in year 2011 is CZK -98.79 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Czech Republic in year 2011 is -2.578 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Gross Debt (National Currency) for Czech Republic in year 2011 is CZK 1,596.07 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Czech Republic in year 2011 is 41.652 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Czech Republic in year 2011 is CZK 3,831.87 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Czech Republic in year 2011 is US$ -4.001 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Czech Republic in year 2011 is -1.832 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Czech Republic
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Czech Republic
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Czech Republic
  Natural Resources, Agricultural Products, Land Use and Water Use for Czech Republic
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Czech Republic
  Age Structure, Median Age, Gender and Urbanization for Czech Republic
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Czech Republic
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Czech Republic
  HIV, AIDS and Other Major Infectious Disease Rates for Czech Republic
  Nationality, Ethnic Groups, Languages and Religions for Czech Republic
  Literacy Rate, Educational Expenditure and School Life Expectancy for Czech Republic
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Czech Republic
  Labor Force by Occupation for Czech Republic
  Poverty Line, Gini Index, Household Income and Consumption for Czech Republic
  National Budget and Public Debt for Czech Republic
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Czech Republic
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Czech Republic
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Czech Republic
  Industries and Industrial Growth Production Rate for Czech Republic
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Czech Republic
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Czech Republic
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Czech Republic
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Czech Republic
  Foreign Exchange Reserves and Gold Reserves for Czech Republic
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Czech Republic
  Exchange Rate Statistics for Czech Republic
  Television and Radio Statistics (TV Stats, Radio Stats) for Czech Republic
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Czech Republic
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Czech Republic
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Czech Republic
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Czech Republic
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Czech Republic
* Source: CIA
Internet Indicators for Czech Republic
Indicators
  Number of Internet Users for Czech Republic
  Internet Penetration Rate for Czech Republic
  Number of Facebook Accounts for Czech Republic
  Facebook Penetration Rate for Czech Republic
* Source: IWS
Economic Freedom Indicators for Czech Republic
Indicators
  Economic Freedom World Rank for Czech Republic
  Economic Freedom Regional Ranking for Czech Republic
  Business Freedom for Czech Republic
  Trade Freedom for Czech Republic
  Fiscal Freedom for Czech Republic
  Government Spending for Czech Republic
  Monetary Freedom for Czech Republic
  Investment Freedom for Czech Republic
  Financial Freedom for Czech Republic
  Property Rights for Czech Republic
  Freedom from Corruption for Czech Republic
  Labor Freedom for Czech Republic
  Tariff Rate for Czech Republic
  Income Tax Rate for Czech Republic
  Corporate Tax Rate for Czech Republic
  Tax Burden % of GDP for Czech Republic
  Government Expenditure % of GDP for Czech Republic
* Source: HFO
Czech Republic Economic Indicators in other Years
  Czech Republic Economic Indicators for Year 2016 (Forecast)
  Czech Republic Economic Indicators for Year 2015 (Forecast)
  Czech Republic Economic Indicators for Year 2014 (Forecast)
  Czech Republic Economic Indicators for Year 2013 (Forecast)
  Czech Republic Economic Indicators for Year 2012 (Forecast)
Czech Republic Economic Indicators for Year 2011 (Forecast)
  Czech Republic Economic Indicators for Year 2010 (Current)
  Czech Republic Economic Indicators for Year 2009
  Czech Republic Economic Indicators for Year 2008
  Czech Republic Economic Indicators for Year 2007
  Czech Republic Economic Indicators for Year 2006
  Czech Republic Economic Indicators for Year 2005
  Czech Republic Economic Indicators for Year 2004
  Czech Republic Economic Indicators for Year 2003
  Czech Republic Economic Indicators for Year 2002
  Czech Republic Economic Indicators for Year 2001
  Czech Republic Economic Indicators for Year 2000
  Czech Republic Economic Indicators for Year 1999
  Czech Republic Economic Indicators for Year 1998
  Czech Republic Economic Indicators for Year 1997
  Czech Republic Economic Indicators for Year 1996
  Czech Republic Economic Indicators for Year 1995
  Czech Republic Economic Indicators for Year 1994
  Czech Republic Economic Indicators for Year 1993
  Czech Republic Economic Indicators for Year 1992
  Czech Republic Economic Indicators for Year 1991
  Czech Republic Economic Indicators for Year 1990
  Czech Republic Economic Indicators for Year 1989
  Czech Republic Economic Indicators for Year 1988
  Czech Republic Economic Indicators for Year 1987
  Czech Republic Economic Indicators for Year 1986
  Czech Republic Economic Indicators for Year 1985
  Czech Republic Economic Indicators for Year 1984
  Czech Republic Economic Indicators for Year 1983
  Czech Republic Economic Indicators for Year 1982
  Czech Republic Economic Indicators for Year 1981
  Czech Republic Economic Indicators for Year 1980