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Czechia

Headline economic indicators for Czechia, with the most recent official readings.

Prices

Prices — Czechia
Indicator Value Change
Inflation rate · 2.5% +0.02 (+1.0%)
Consumer price index · 166.8 +4.00 (+2.5%)
Inflation rate (monthly) · 2.2% +0.70 (+46.7%)
Harmonised consumer price index · 158.8 -0.14 (-0.1%)
House price index (quarterly) · 272.3 +5.46 (+2.0%)
House price inflation, year on year (quarterly) · 10.1% -0.32 (-3.1%)
Real house price index (quarterly) · 161.6 +2.08 (+1.3%)
Real house price growth, year on year (quarterly) · 8.3% +0.32 (+4.0%)
Producer prices, year on year (monthly) · 2.8% +0.90 (+47.4%)
GDP deflator inflation · 3.5% -0.39 (-10.0%)

GDP

GDP — Czechia
Indicator Value Change
GDP growth rate · 2.6% +1.33 (+106.2%)
GDP per capita · 35,917.27 +4,090 (+12.8%)
GDP growth, quarter on quarter · 0.5% +0.20 (+66.7%)
GDP growth, year on year (quarterly) · 1.6% -0.20 (-11.1%)
Industrial production, year on year (monthly) · 2.6% -0.50 (-16.1%)
Retail sales volume, year on year (monthly) · 4.3% -0.80 (-15.7%)
Economic sentiment indicator (monthly) · 98.7 -1.00 (-1.0%)
Consumer confidence (monthly) · -6.0 +0.40 (+6.3%)
GDP per capita, long-run history · 32,247 +794.84 (+2.5%)
GDP · 391,026,962,800.48 +43,944,400,579 (+12.7%)
GDP, PPP · 658,517,722,280 +30,114,435,026 (+4.8%)
GDP per capita, PPP · 60,487 +2,862 (+5.0%)
GDP per capita growth · 2.8% +1.88 (+216.0%)
GNI per capita · 32,960 +3,390 (+11.5%)
Agriculture to GDP · 1.9% +0.05 (+2.7%)
Industry to GDP · 28.7% -0.50 (-1.7%)
Manufacturing to GDP · 19.4% -0.46 (-2.3%)
Services to GDP · 60.8% +0.62 (+1.0%)
Household consumption to GDP · 47.4% -0.07 (-0.2%)
Gross capital formation to GDP · 26.8% +0.43 (+1.6%)
Gross savings to GDP · 27.7% -1.14 (-4.0%)

Labour

Labour — Czechia
Indicator Value Change
Unemployment rate · 2.8% +0.23 (+8.7%)
Unemployment rate (monthly) · 2.8% -0.30 (-9.7%)
Labour force participation rate · 60.3% -0.28 (-0.5%)
Female labour force participation rate · 53.5% -0.20 (-0.4%)
Youth unemployment rate · 9.2% +0.02 (+0.2%)
Employment to population ratio · 58.6% -0.41 (-0.7%)
Employment in agriculture · 2.7% -0.11 (-3.8%)
Employment in industry · 34.9% -0.44 (-1.2%)
Employment in services · 62.4% +0.55 (+0.9%)

Money

Money — Czechia
Indicator Value Change
Real interest rate · 1.1% +0.34 (+43.0%)
Central bank policy rate · 3.8% +0.25 (+7.1%)
Real effective exchange rate (monthly) · 125.8 -1.53 (-1.2%)
Nominal effective exchange rate (monthly) · 115.6 -0.88 (-0.8%)
Private sector credit to GDP (quarterly) · 86.3% +1.26 (+1.5%)
Credit-to-GDP gap (quarterly) · -3.53 pp +1.30 (+26.9%)
Debt service ratio, private sector (quarterly) · 9.0% +0.10 (+1.1%)
10-year government bond yield (monthly) · 5.2% +0.33 (+6.7%)
Broad money to GDP · 87.0% +1.74 (+2.0%)
Private sector credit to GDP · 48.0% +0.30 (+0.6%)
Lending rate · 4.7% -0.05 (-1.0%)
Bank deposit rate · 1.6% -0.45 (-21.8%)
Stock market capitalization to GDP · 14.2% +4.18 (+41.9%)
Bank nonperforming loans · 1.1% -0.10 (-8.1%)
Official exchange rate · 21.88 -1.33 (-5.7%)

Trade

Trade — Czechia
Indicator Value Change
Current account to GDP · 0.6% -1.07 (-63.2%)
Exports to GDP · 66.9% -1.91 (-2.8%)
Imports to GDP · 61.1% -1.51 (-2.4%)
Trade to GDP · 128.0% -3.43 (-2.6%)
Exports of goods and services · 261,773,375,377.02 +22,777,431,342 (+9.5%)
Imports of goods and services · 238,895,347,774.43 +21,593,619,861 (+9.9%)
Trade balance, goods and services (annual) · 22,685,097,791.14 +22,185,893 (+0.1%)
Current account balance (annual) · 2,443,105,081.97 -3,443,765,804 (-58.5%)
Foreign direct investment to GDP · 2.7% -1.21 (-31.0%)
Remittances received to GDP · 1.3% -0.05 (-4.0%)
Total reserves, including gold · 176,325,883,579.12 +30,044,643,817 (+20.5%)
Reserves in months of imports · 7.6 +0.68 (+9.8%)

Government

Government — Czechia
Indicator Value Change
Government debt to GDP · 14.0% -1.73 (-11.0%)
Government debt to GDP (quarterly) · 43.8% -0.30 (-0.7%)
Government revenue to GDP · 36.5% +0.80 (+2.2%)
Government expense to GDP · 34.4% -2.40 (-6.5%)
Tax revenue to GDP · 18.6% +0.50 (+2.8%)
Government budget balance to GDP · -2.8% +1.81 (+39.5%)
Government consumption to GDP · 20.0% +0.04 (+0.2%)
Education spending to GDP · 4.3% -0.35 (-7.5%)
Health spending to GDP · 8.5% +0.08 (+1.0%)

Demography

Demography — Czechia
Indicator Value Change
Population · 10,886,878 -18,150 (-0.2%)
Population, long-run history · 10,635 -6.87 (-0.1%)
Population growth · -0.2% -0.54 (-144.2%)
Life expectancy · 80.0 +0.15 (+0.2%)
Fertility rate · 1.36 -0.10 (-6.8%)
Birth rate · 7.7 -0.70 (-8.3%)
Death rate · 10.3 -0.10 (-1.0%)
Urban population share · 72.9% +0.08 (+0.1%)
Population aged 65 and over · 21.2% +0.33 (+1.6%)
Under-five mortality rate · 2.6 +0.00 (+0.0%)
Population density · 141.3 +0.55 (+0.4%)
Net migration · -112,188 -26,019 (-30.2%)
Gini index · 25.7 -0.20 (-0.8%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Czechia; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.