Czech Republic Economic Statistics and Indicators

20, Sep 2020, EDT. Welcome to the Czech Republic economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Czech Republic › Change country
National or Regional Currency: Czech Koruna, CZK
Year of data: 2015 › Change year
Number of Indicators Listed: 39
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,627,448 (July 2014 est.)
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

The Czech Republic is a stable and prosperous market economy closely integrated with the EU, especially since the country's EU accession in 2004. The auto industry is the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing. The Czech Republic produced more than a million cars for the first time in 2010, over 80% of which were exported. While the conservative, inward-looking Czech financial system has remained relatively healthy, the small, open, export-driven Czech economy remains sensitive to changes in the economic performance of its main export markets, especially Germany. When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports. As a result, real GDP fell sharply in 2009. The economy slowly recovered in the second half of 2009 and registered weak growth in the next two years. In 2012, however, the economy fell into a recession again, due both to a slump in external demand and to the government’s austerity measures. The country pulled out of recession in the second half of 2013, and most analysts expect modest, but steady, growth through 2014. Foreign and domestic businesses alike voice concerns about corruption, especially in public procurement. Other long term challenges include dealing with a rapidly aging population, funding an unsustainable pension and health care system, and diversifying away from manufacturing and toward a more high-tech, services-based, knowledge economy.
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GDP (Constant Prices, National Currency) for Czech Republic in year 2015 is CZK 4,223.45 Billion.

GDP Growth (Constant Prices, National Currency) for Czech Republic in year 2015 is 4.215 %.

GDP (Current Prices, National Currency) for Czech Republic in year 2015 is CZK 4,473.48 Billion.

GDP (Current Prices, US Dollars) for Czech Republic in year 2015 is US$ 181.858 Billion.

GDP Deflator for Czech Republic in year 2015 is 105.92 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Czech Republic in year 2015 is CZK 400,772.04 .

GDP Per Capita (Current Prices, National Currency) for Czech Republic in year 2015 is CZK 424,498.60 .

GDP Per Capita (Current Prices, US Dollars) for Czech Republic in year 2015 is US$ 17,256.92 .

GDP (PPP), US Dollars for Czech Republic in year 2015 is US$ 332.477 Billion.

GDP Per Capita (PPP), US Dollars for Czech Republic in year 2015 is US$ 31,549.49 .

GDP Share of World Total (PPP) for Czech Republic in year 2015 is 0.293 %.

Implied PPP Conversion Rate for Czech Republic in year 2015 is 13.455 .

Investment (% of GDP) for Czech Republic in year 2015 is 26.544 %.

Gross National Savings (% of GDP) for Czech Republic in year 2015 is 27.45 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Czech Republic in year 2015 is 123.558 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Czech Republic in year 2015 is 0.332 %.

Inflation, End of Year (Indexed to Year 2000) for Czech Republic in year 2015 is 123 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Czech Republic in year 2015 is 0.081 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Czech Republic in year 2015 is 7.874 %.

Import Volumes of Goods Only (Percent Change) for Czech Republic in year 2015 is 8.773 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Czech Republic in year 2015 is 7.017 %.

Export Volumes of Goods Only (Percent Change) for Czech Republic in year 2015 is 7.145 %.

Unemployment Rate (% of Labour Force) for Czech Republic in year 2015 is 5.045 %.

Employment for Czech Republic in year 2015 is 5.077 Million .

Population for Czech Republic in year 2015 is 10.538 Million .

General government revenue (National Currency) for Czech Republic in year 2015 is CZK 1,835.46 Billions.

General government revenue (% of GDP) for Czech Republic in year 2015 is 41.03 %.

General government total expenditure (National Currency) for Czech Republic in year 2015 is CZK 1,920.07 Billions.

General government total expenditure (% of GDP) for Czech Republic in year 2015 is 42.921 %.

Total Government Net Lending/ Borrowing (National Currency) for Czech Republic in year 2015 is CZK -84.613 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Czech Republic in year 2015 is -1.891 %.

General Government Structural Balance (National Currency) for Czech Republic in year 2015 is CZK -80.48 Billion.

General Government Structural Balance (% Potential GDP) for Czech Republic in year 2015 is -1.802 %.

Fiscal Year Gross Domestic Product, Current Prices for Czech Republic in year 2015 is CZK 4,473.48 Billions.

Current Account Balance (US Dollars) for Czech Republic in year 2015 is US$ 1.648 Billion.

Current Account Balance (% GDP) for Czech Republic in year 2015 is 0.906 %.