Economy of Czech Republic. Statistics, Data and Indicators
Czech Republic
| 81AA- | Credit rank #29 |
| 162.01 | Quality of life #25 |
| 41 | Corruption rank#37 |
| 41 | Ease of doing business#35 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 19 % | 2022 |
| Personal Income Tax Rate | 23 % | 2022 |
| Sales Tax Rate | 21 % | 2022 |
| Social Security Rate | 44.8 % | 2022 |
| Social Security Rate For Companies | 33.8 % | 2022 |
| Social Security Rate For Employees | 11 % | 2022 |
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 |
