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 | 291 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.4 % | 2Q/23 |
| GDP Growth Rate | 0.1 % | 2Q/23 |
| GDP per capita | 20540 USD | 2022 |
| Inflation Rate YoY | 8.5 % | Aug/23 |
| Interest Rate | 7 % | Aug/23 |
| Unemployment Rate | 3.6 % | Aug/23 |
| Wages | 43193 CZK/Month | 1884.174 USD/Month | 2Q/23 |
| Balance of Trade | -5857 CZK Million | -0.255 B USD | Jul/23 |
| Current Account | -16459 EUR Million | -17.564 B USD | 2Q/23 |
| Foreign Exchange Reserves | 141783 USD Million | 141.783 B USD | Aug/23 |
| Government Debt | 2997083 CZK Million | 130.739 B USD | 2022 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 291 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.4 % | 2Q/23 |
| GDP Growth Rate | 0.1 % | 2Q/23 |
| GDP per capita | 20540 USD | 2022 |
| Gross National Product | 5834972 CZK Million | 254.534 USD Billion | 2021 |
| GDP Constant Prices | 1325 CZK Billion | 57.799 B USD | 2Q/23 |
| GDP per capita PPP | 41667 USD | 2022 |
| GDP From Agriculture | 24320 CZK Million | 1.061 B USD | 2Q/23 |
| GDP From Construction | 45529 CZK Million | 1.986 B USD | 2Q/23 |
| GDP From Manufacturing | 343977 CZK Million | 15.005 B USD | 2Q/23 |
| GDP From Public Administration | 172810 CZK Million | 7.538 B USD | 2Q/23 |
| GDP From Services | 226235 CZK Million | 9.869 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 44.1 % | 2022 |
| Government Budget Value | 19504 CZK Million | 0.851 USD Billion | Aug/23 |
| Government Spending | 265 CZK Billion | 11.56 USD Billion | 2Q/23 |
| Government Debt | 2997083 CZK Million | 130.739 USD Billion | 2022 |
| Government Revenues | 177254 CZK Million | 7.732 USD Billion | Aug/23 |
| Fiscal Expenditure | 157750 CZK Million | 6.881 B USD | Aug/23 |
| Government Budget to GDP | -3.6 % | 2022 |
| Government Spending to GDP | 44.6 % | 2022 |
| Military Expenditure | 4005 USD Million | 4.005 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 149 index points | Aug/23 |
| Export Prices | 115 index points | Jul/23 |
| Food Inflation | 7.9 % | Aug/23 |
| Gasoline Prices | 1.82 USD/Liter | Aug/23 |
| GDP Deflator | 138 index points | 2Q/23 |
| Import Prices | 109 index points | Jul/23 |
| Inflation Rate YoY | 8.5 % | Aug/23 |
| Producer Prices | 143 index points | Aug/23 |
| Inflation Rate Mom | 0.2 % | Aug/23 |
| Core Consumer Prices | 101 Index Points | Jul/23 |
| Core Inflation Rate | 5.97 % | Aug/23 |
| CPI Housing Utilities | 164 Index Points | Aug/23 |
| CPI Transportation | 134 Index Points | Aug/23 |
| Harmonised Consumer Prices | 149 Index Points | Aug/23 |
| Producer Prices Change | 1.8 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -6.1 % | 2022 |
| Weapons Sales | 116 USD Million | 2022 |
| Balance of Trade | -5857 CZK Million | -0.255 USD Billion | Jul/23 |
| Capital Flows | -18328 CZK Million | -0.8 USD Billion | Jul/23 |
| Current Account | -16459 EUR Million | -17.564 USD Billion | 2Q/23 |
| Exports | 318829 CZK Million | 13.908 USD Billion | Jul/23 |
| External Debt | 184628 EUR Million | 197.021 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 141783 USD Million | 141.783 USD Billion | Aug/23 |
| Imports | 324686 CZK Million | 14.164 USD Billion | Jul/23 |
| Terms of Trade | 105 Index Points | Jul/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 19.56 Tonnes | 2Q/23 |
| Interbank Rate | 0.17 % | Sep/23 |
| Interest Rate | 7 % | Aug/23 |
| Loans to Private Sector | 1321536 CZK Million | 57.648 USD Billion | Jul/23 |
| Money Supply M0 | 664165 CZK Million | 28.972 USD Billion | Jul/23 |
| Money Supply M1 | 4947896 CZK Million | 215.838 USD Billion | Jul/23 |
| Money Supply M2 | 6355734 CZK Million | 277.251 USD Billion | Jul/23 |
| Money Supply M3 | 6548894 CZK Million | 285.677 USD Billion | Jul/23 |
| Central Bank Balance Sheet | 3135854 CZK Million | 136.793 B USD | Jul/23 |
| Deposit Interest Rate | 6 % | Aug/23 |
| Foreign Direct Investment | 230140 CZK Million | 10.039 B USD | 2022 |
| Private Sector Credit | 3869631 CZK Million | 168.802 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 729 EUR/Month | 777.932 USD/Month | 3Q/23 |
| Retirement Age Men | 63.83 | 2022 |
| Retirement Age Women | 63.83 | 2022 |
| Unemployment Rate | 3.6 % | Aug/23 |
| Wages | 43193 CZK/Month | 1884.174 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 9.8 % | Jul/23 |
| Employed Persons | 5064 Thousand Person | 5.064 Million Person | 2Q/23 |
| Employment Change | 1 % | 2Q/23 |
| Employment Rate | 75.2 % | 2Q/23 |
| Full Time Employment | 4700 Thousand Person | 1Q/23 |
| Job Vacancies | 281207 | 281.207 K | Aug/23 |
| Labor Force Participation Rate | 60.4 % | 1Q/23 |
| 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 | 0.7 % | 2Q/23 |
| Part Time Employment | 335 Thousand Persons | 1Q/23 |
| Unemployed Persons | 260803 Persons | 0.261 Million Persons | Aug/23 |
| Wage Growth | -3.1 % | 2Q/23 |
| Wages High Skilled | 35400 CZK/Month | 1486.93 USD/Month | 2018 |
| Wages in Manufacturing | 43042 CZK/Month | 1877.587 USD/Month | 2Q/23 |
| Wages Low Skilled | 15700 CZK/Month | 659.457 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 19 % | 2023 |
| Personal Income Tax Rate | 23 % | 2022 |
| Sales Tax Rate | 21 % | 2023 |
| Social Security Rate | 44.8 % | 2023 |
| Social Security Rate For Companies | 33.8 % | 2023 |
| Social Security Rate For Employees | 11 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 1.7 BBL/D/1K | Jan/23 |
| Electricity Production | 4845 GWh | Jun/23 |
| Industrial Production | -2.8 % | Jul/23 |
| Mining Production | -19.5 % | Jul/23 |
| Steel Production | 408 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -2.6 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 93.9 index points | Aug/23 |
| Corruption Index | 56 index points | 2022 |
| Corruption Rank | 41 place | 2022 |
| Ease of Doing Business | 41 place | 2019 |
| Manufacturing PMI | 42.9 index points | Aug/23 |
| Manufacturing Production | -1.1 % | Jul/23 |
| Competitiveness Index | 70.85 Index Points | 2019 |
| Competitiveness Rank | 32 | 2019 |
| Corporate Profits | 316163 CZK Million | 13.792 B USD | 2021 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 91 index points | Aug/23 |
| Private Debt To GDP | 143 % | 2022 |
| Retail Sales MoM | 0.1 % | Jul/23 |
| Retail Sales YoY | -1.8 % | Jul/23 |
| Consumer Credit | 318595 CZK Million | 13.898 USD Billion | Jul/23 |
| Consumer Spending | 568 CZK Billion | 24.777 USD Billion | 2Q/23 |
| Households Debt To GDP | 32.1 % | 1Q/23 |
| Households Debt To Income | 58.47 % | 2022 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | -2.1 % | Jul/23 |
