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Economy of Czech Republic. Statistics, Data and Indicators

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Czech Republic
81AA- Credit rank #29
162.01 Quality of life #25
41 Corruption rank#37
41 Ease of doing business#35
Czech Republic


Czech Republic Major Economic Indicators

Indicator Data Period
GDP Value 282 USD Billion 2021
GDP Annual Growth Rate 0.4 % 4Q/22
GDP Growth Rate -0.3 % 4Q/22
GDP per capita 20084 USD 2021
Inflation Rate YoY 15.8 % Dec/22
Interest Rate 7 % Dec/22
Unemployment Rate 3.7 % Dec/22
Wages 39858 CZK/Month | 1824.156 USD/Month 3Q/22
Balance of Trade -25500 CZK Million | -1.167 B USD Nov/22
Current Account -39300 EUR Million | -42.759 B USD 3Q/22
Foreign Exchange Reserves 141010 USD Million | 141.01 B USD Dec/22
Government Debt 2566587 CZK Million | 117.463 B USD 2021


GDP Indicators

Indicator Data Period
GDP Value 282 USD Billion 2021
GDP Annual Growth Rate 0.4 % 4Q/22
GDP Growth Rate -0.3 % 4Q/22
GDP per capita 20084 USD 2021
Gross National Product 5834972 CZK Million | 267.046 USD Billion 2021
GDP Constant Prices 1330 CZK Billion | 60.869 B USD 3Q/22
GDP per capita PPP 40741 USD 2021
GDP From Agriculture  25850 CZK Million | 1.183 B USD 3Q/22
GDP From Construction  49449 CZK Million | 2.263 B USD 3Q/22
GDP From Manufacturing  319648 CZK Million | 14.629 B USD 3Q/22
GDP From Public Administration  171848 CZK Million | 7.865 B USD 3Q/22
GDP From Services  218766 CZK Million | 10.012 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 41.9 % 2021
Government Budget Value -23274 CZK Million | -1.065 USD Billion Dec/22
Government Spending 255 CZK Billion | 11.67 USD Billion 3Q/22
Government Debt 2566587 CZK Million | 117.463 USD Billion 2021
Government Revenues 201076 CZK Million | 9.203 USD Billion Dec/22
Fiscal Expenditure  224350 CZK Million | 10.268 B USD Dec/22
Government Budget to GDP -5.1 % 2021
Government Spending to GDP 46.4 % 2021
Military Expenditure 3936 USD Million | 3.936 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 138 index points Dec/22
Export Prices 119 index points Nov/22
Food Inflation 25.5 % Dec/22
Gasoline Prices 1.74 USD/Liter Jan/23
GDP Deflator 130 index points 3Q/22
Import Prices 120 index points Nov/22
Inflation Rate YoY 15.8 % Dec/22
Producer Prices 140 index points Dec/22
Inflation Rate Mom 0 % Dec/22
Core Consumer Prices 100 Index Points Dec/22
Core Inflation Rate 13.3 % Dec/22
CPI Housing Utilities 140 Index Points Dec/22
CPI Transportation 132 Index Points Dec/22
Harmonised Consumer Prices 137 Index Points Dec/22
Producer Prices Change  20.1 % Dec/22


Trade Indicators

Indicator Data Period
Current Account to GDP -0.8 % 2021
Weapons Sales 6 USD Million 2020
Balance of Trade -25500 CZK Million | -1.167 USD Billion Nov/22
Capital Flows -13344 CZK Million | -0.611 USD Billion Nov/22
Current Account -39300 EUR Million | -42.759 USD Billion 3Q/22
Exports 421564 CZK Million | 19.293 USD Billion Nov/22
External Debt 176800 EUR Million | 192.362 USD Billion 3Q/22
Foreign Exchange Reserves 141010 USD Million | 141.01 USD Billion Dec/22
Imports 447087 CZK Million | 20.462 USD Billion Nov/22
Terms of Trade  99.8 Index Points Nov/22


Money Indicators

Indicator Data Period
Gold Reserves 11.54 Tonnes 3Q/22
Interbank Rate 0.17 % Feb/23
Interest Rate 7 % Dec/22
Loans to Private Sector 1289433 CZK Million | 59.013 USD Billion Nov/22
Money Supply M0 678301 CZK Million | 31.043 USD Billion Nov/22
Money Supply M1 4869613 CZK Million | 222.865 USD Billion Nov/22
Money Supply M2 5939806 CZK Million | 271.843 USD Billion Nov/22
Money Supply M3 5953776 CZK Million | 272.483 USD Billion Dec/22
Central Bank Balance Sheet 3243188 CZK Million | 148.429 B USD Nov/22
Deposit Interest Rate 6 % Dec/22
Foreign Direct Investment 125867 CZK Million | 5.76 B USD 2021
Private Sector Credit  3752180 CZK Million | 171.724 B USD Nov/22


Labor Indicators

Indicator Data Period
Minimum Wages 655 EUR/Month | 712.654 USD/Month 3Q/22
Retirement Age Men 63.83 2022
Retirement Age Women 63.83 2022
Unemployment Rate 3.7 % Dec/22
Wages 39858 CZK/Month | 1824.156 USD/Month 3Q/22
Youth Unemployment Rate 9.3 % Nov/22
Employed Persons 5189 Thousand Person | 5.189 Million Person 3Q/22
Employment Change  -0.1 % 3Q/22
Employment Rate  75.8 % 3Q/22
Full Time Employment 4732 Thousand Person 3Q/22
Job Vacancies 288647 | 288.647 K Dec/22
Labor Force Participation Rate 60 % 3Q/22
Living Wage Family 20500 CZK/Month | 861.075 USD/Month 2018
Living Wage Individual 15500 CZK/Month | 651.057 USD/Month 2018
Long Term Unemployment Rate 0.6 % 3Q/22
Part Time Employment 313 Thousand Persons 3Q/22
Unemployed Persons 271803 Persons | 0.272 Million Persons Dec/22
Wage Growth  -9.8 % 3Q/22
Wages High Skilled 35400 CZK/Month | 1486.93 USD/Month 2018
Wages in Manufacturing 38282 CZK/Month | 1752.029 USD/Month 3Q/22
Wages Low Skilled  15700 CZK/Month | 659.457 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 1.5 BBL/D/1K Sep/22
Electricity Production 6810 GWh Nov/22
Industrial Production 0.5 % Nov/22
Mining Production -3.6 % Nov/22
Steel Production 408 Thousand Tonnes Dec/20
Industrial Production (MoM) 3.1 % Nov/22


Business Indicators

Indicator Data Period
Business Confidence 93.8 index points Jan/23
Corruption Index 56 index points 2022
Corruption Rank 41 place 2022
Ease of Doing Business 41 place 2019
Manufacturing PMI 44.6 index points Jan/23
Manufacturing Production 2.3 % Nov/22
Competitiveness Index 70.85 Index Points 2019
Competitiveness Rank 32 2019
Corporate Profits 244796 CZK Million | 11.203 B USD 2020


Consumer Indicators

Indicator Data Period
Consumer Confidence 82.9 index points Jan/23
Private Debt To GDP 139 % 2021
Retail Sales MoM -0.3 % Nov/22
Retail Sales YoY -8.7 % Nov/22
Consumer Credit 301736 CZK Million | 13.809 USD Billion Nov/22
Consumer Spending 581 CZK Billion | 26.59 USD Billion 3Q/22
Households Debt To GDP 33.7 % 2Q/22
Households Debt To Income 61.21 % 2021


Housing Market

Indicator Data Period
Construction Output -0.8 % Nov/22