Czech Republic

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.

map Czech Republic
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons.105251054610564...
GDP, real change in %2.74.52.42.42.62.3
GDP per capita (EUR at PPP)238002520025900...
Gross industrial production, real change in %5.04.63.0...
Unemployment rate - LFS, in %, average6.15.14.03.93.83.6
Average gross monthly wages, EUR9369701021...
Consumer prices, % p.a.0.40.30.62.01.81.8
Fiscal balance in % of GDP-1.9-0.60.6...
Public debt in % of GDP42.240.337.2...
Current account in % of GDP0.20.21.11.20.90.8
FDI inflow, EUR mn610115215875...
Gross external debt in % of GDP69.670.874.9...


Basic data are continuously updated.

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

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CZECH REPUBLIC: Close to full employment, growing moderately

Leon Podkaminer
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, , pp. 65-68
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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