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
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons.105251054610564...
GDP, real change in %2.74.52.32.42.6.
GDP per capita (EUR at PPP)238002520025800...
Gross industrial production, real change in %5.04.63.0...
Unemployment rate - LFS, in %, average6.15.14.03.93.8.
Average gross monthly wages, EUR9369701028...
Consumer prices, % p.a.0.40.30.61.31.8.
Fiscal balance in % of GDP-1.9-0.6-0.4...
Public debt in % of GDP42.240.339.5...
Current account in % of GDP0.20.91.60.90.6.
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.

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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

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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

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