Czech Republic

The recent expansion of infrastructural investment is not going to extend into the years ahead. However, in the light of the low level of debt in the private sector and pursuit of monetary policy conducive to growth, further moderate recovery, with growth averaging 2.4%, should be assured over the period 2016-2018, notwithstanding the uncertainties that persist concerning the future course of fiscal policy and foreign trade performance given the (expected) strengthening of the domestic currency.

map Czech Republic
Main Economic Indicators201320142015201620172018
Population, 1000 persons.105141052510546...
GDP, real change in %-
GDP per capita (EUR at PPP)223002350025000...
Gross industrial production, real change in %-
Unemployment rate - LFS, in %, average7.
Average gross monthly wages, EUR964930970...
Consumer prices, % p.a.
Fiscal balance in % of GDP-1.3-1.9-0.4...
Public debt in % of GDP44.942.240.3...
Current account in % of GDP-
FDI inflow, EUR mn554461012223...
Gross external debt in % of GDP63.267.869.4...

Basic data are continuously updated.

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


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



THE CZECH REPUBLIC: Back to normal

Leon Podkaminer
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, , pp. 71-75
Details and Buy