Solid external balances and low levels of indebtedness in both the private and the public sector will support moderate growth of above 2% in the period 2017-2019. Some uncertainties persist, however, as to the future course of fiscal policy and the impacts of the expected strengthening of the domestic currency.
|Main Economic Indicators||2014||2015||2016||2017||2018||2019|
|Population, 1000 persons.||10525||10546||10564||.||.||.|
|GDP, real change in %||2.7||4.5||2.4||2.4||2.6||2.3|
|GDP per capita (EUR at PPP)||23800||25200||25900||.||.||.|
|Gross industrial production, real change in %||5.0||4.6||3.0||.||.||.|
|Unemployment rate - LFS, in %, average||6.1||5.1||4.0||3.9||3.8||3.6|
|Average gross monthly wages, EUR||936||970||1021||.||.||.|
|Consumer prices, % p.a.||0.4||0.3||0.6||2.0||1.8||1.8|
|Fiscal balance in % of GDP||-1.9||-0.6||0.6||.||.||.|
|Public debt in % of GDP||42.2||40.3||37.2||.||.||.|
|Current account in % of GDP||0.2||0.2||1.1||1.2||0.9||0.8|
|FDI inflow, EUR mn||6101||1521||5875||.||.||.|
|Gross external debt in % of GDP||69.6||70.8||74.9||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
CZECH REPUBLIC: Close to full employment, growing moderately
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 65-68 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, July-August 2016
25 pages including 1 Table and 1 Figure