Czech Republic

Solid external balances and low levels of indebtedness in both the private and public sectors will support moderate growth of above 2% over the period 2016-2018. Some uncertainties persist, however, as to the future course of fiscal policy and the impact of the expected strengthening of the domestic currency.

map Czech Republic
Main Economic Indicators201420152016201720182019
Population, 1000 persons.105251054610564...
GDP, real change in %
GDP per capita (EUR at PPP)238002520025800...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average6.
Average gross monthly wages, EUR9369701028...
Consumer prices, % p.a.
Fiscal balance in % of GDP-1.9-0.6-0.4...
Public debt in % of GDP42.240.339.5...
Current account in % of GDP0.
FDI inflow, EUR mn610122235500...
Gross external debt in % of GDP67.869.469.8...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.


CZECH REPUBLIC: Economic growth driven by external surplus

Leon Podkaminer
in: Labour Shortages Driving Economic Growth?
wiiw Forecast Report No. Autumn 2016, , pp. 62-65
Details and Buy


Monthly Report No. 7-8/2016

Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Simona Jokubauskaite, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8,
25 pages including 1 Table and 1 Figure