Czechia is a prosperous market economy that boasts one of the highest GDP growth rates and lowest unemployment levels in the EU, but its dependence on exports makes economic growth vulnerable to contractions in external demand. Czechia’s exports comprise some 80% of GDP and largely consist of automobiles, the country’s single largest industry. Czechia acceded to the EU in 2004 but has yet to join the euro-zone. While the flexible koruna helps Czechia weather external shocks, it was one of the world’s strongest performing currencies in 2017, appreciating approximately...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2023 Q4 | 833,510 | 822,025 | Mil. CZK, CDASA | Quarterly |
Real Private Consumption | 2023 Q4 | 571,859 | 569,165 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Real Government Consumption | 2023 Q4 | 265,079 | 268,651 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 1,320,554 | 1,317,406 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 372,905 | 368,667 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Investment | 2023 Q4 | 495,228 | 534,064 | Mil. CZK, CDASA | Quarterly |
Government Consumption | 2023 Q4 | 370,619 | 379,163 | Mil. CZK, CDASA | Quarterly |
Real Investment | 2023 Q4 | 358,618 | 400,746 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 1,845,050 | 1,841,204 | Mil. CZK, CDASA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 499,152 | 496,402 | Mil. CZK, CDASA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Feb 2024 | 150.2 | 149.8 | Index 2015=100, NSA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Labor Force | 2023 Q4 | 5,410 | 5,391 | Ths., SA | Quarterly |
Labor Force Employment | 2023 Q4 | 5,266 | 5,252 | Ths., SA | Quarterly |
Unemployment | 2023 Q4 | 144.81 | 138.41 | Ths., SA | Quarterly |
Unemployment Rate | 2023 Q4 | 2.68 | 2.57 | %, SA | Quarterly |
Real Wages & Salaries | 2023 Q4 | 98.8 | 99.2 | Vol. Index CPPY=100, NSA | Quarterly |
Wage & Salaries | 2023 Q4 | 46,013 | 42,678 | CZK, NSA | Quarterly |
Primary Industries Employment | 2023 Q3 | 140.09 | 138.18 | Ths. #, NSA | Quarterly |
Total Employment | 2023 Q3 | 5,079 | 5,063 | Ths. #, NSA | Quarterly |
Agriculture Employment | 2022 | 130.92 | 132.94 | Ths. | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Current Account Balance | 2023 Q4 | 11,973 | 371.52 | Mil. CZK, NSA | Quarterly |
Real Exports of Goods and Services | 2023 Q4 | 1,200,938 | 1,175,620 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 1,088,797 | 1,115,076 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 1,346,861 | 1,298,457 | Mil. CZK, CDASA | Quarterly |
Imports of Goods and Services | 2023 Q4 | 1,218,897 | 1,209,174 | Mil. CZK, CDASA | Quarterly |
Balance of Goods | Dec 2020 | 39,298 | 67,503 | Millions of Czech Korunas, NSA | Monthly |
Exports of Goods | Dec 2020 | 381,719 | 455,949 | Millions of Czech Korunas, NSA | Monthly |
Imports of Goods | Dec 2020 | 342,421 | 388,446 | Millions of Czech Korunas, NSA | Monthly |
Government | Reference | Last | Previous | Units | Frequency |
Gross External Debt | 2023 Q3 | 0 | 0 | USD, NSA | Quarterly |
Outstanding Public Debt - Domestic | 2022 | 1,954,801 | 1,742,826 | Mil. CZK | Annual |
Government Revenues | 2022 | 2,470,722 | 2,243,662 | Mil. CZK | Annual |
Outstanding Public Debt - Foreign | 2022 | 1,021,693 | 804,133 | Mil. CZK | Annual |
Government Expenditures | 2022 | 2,744,387 | 2,620,523 | Mil. CZK | Annual |
Markets | Reference | Last | Previous | Units | Frequency |
Lending Rate | 18 Mar 2024 | 6.25 | 6.25 | Percent, NSA | Daily |
Money Market Rate | 15 Mar 2024 | 6.05 | 6.13 | % P.A., NSA | Business Daily |
Stock Market Index | 15 Mar 2024 | 1,480 | 1,486 | Index, NSA | Business Daily |
Average Long-term Government Bond | Feb 2024 | 3.76 | 3.88 | % p.a., NSA | Monthly |
Treasury Bills (over 31 days) | Nov 2018 | 0.5 | 0.5 | % p.a., NSA | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Non-residential Building Permits | Jan 2024 | 1,422 | 1,526 | #, NSA | Monthly |
Building Permits | Jan 2024 | 5,574 | 6,196 | #, NSA | Monthly |
Residential Building Permits | Jan 2024 | 1,821 | 1,888 | #, NSA | Monthly |
Building Completions | 2023 Q4 | 12,126 | 8,060 | #, NSA | Quarterly |
Residential Housing Starts | 2023 Q4 | 8,395 | 9,198 | #, NSA | Quarterly |
Residential Building Completions | 2023 Q4 | 5,469 | 4,048 | #, NSA | Quarterly |
Non-residential Building Completions | 2023 Q4 | 247 | 197 | #, NSA | Quarterly |
Housing Starts | 2023 Q4 | 8,395 | 9,198 | #, NSA | Quarterly |
Non-residential Housing Starts | 2023 Q4 | 383 | 455 | #, NSA | Quarterly |
House Price Index for New Homes | 2023 Q3 | 220.1 | 219.7 | Index 2015=100, NSA | Quarterly |
House Price Index for Existing Homes | 2023 Q3 | 210.3 | 209.5 | Index 2015=100, NSA | Quarterly |
House Price Index | 2019 Q4 | 146.2 | 144.1 | Index 2010=100, NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Feb 2024 | -15.8 | -18.3 | Balance of Opinion, NSA | Monthly |
Retail Sales | Dec 2023 | 163.1 | 166.7 | Index 2015=100, NSA | Monthly |
Real Retail Sales | Dec 2023 | 123.3 | 125 | Vol. Index 2015=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Business Confidence | Feb 2024 | 0.7 | 3.8 | Balance of Opinion, NSA | Monthly |
Capacity Utilization | 2023 Q4 | 83.4 | 83.1 | %, SA | Quarterly |
Industrial Production | Dec 2023 | 105.01 | 124.2 | Index 2015=100, NSA | Monthly |
Real Change in Inventories | 2023 Q4 | -17,767 | 28,518 | Mil. Ch. 2015 CZK, CDASA | Quarterly |
Change in Inventories | 2023 Q4 | -8,076 | 33,466 | Mil. CZK, CDASA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Net Migration | Sep 2023 | -6,949 | 8,666 | #, NSA | Monthly |
Births | 2022 | 101,299 | 111,793 | # | Annual |
Deaths | 2022 | 120,219 | 139,891 | # | Annual |
Population | 2022 | 10,759,525 | 10,500,850 | Number | Annual |