Czechia

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Domestic demand remains the main driver of growth. The Czech economy maintained a strong growth trajectory through late 2025, with Q3 GDP increasing by 0.8% quarter on quarter and 2.8% year on year. This performance consolidated Czechia's position as one of the EU's strongest-performing economies in 2025, consistently outperforming the euro area average. Growth was broadly supported by both domestic and external demand, though household consumption remained the primary driver.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons1086410905....
GDP, real change in %0.01.32.32.42.52.3
GDP per capita (EUR at PPP)3497036180....
Gross industrial production, real change in %-1.3-0.71.2...
Unemployment rate - LFS, in %, average2.62.62.83.03.13.0
Average gross monthly wages, EUR17831827....
Consumer prices, % p.a.12.02.72.32.22.22.3
Fiscal balance in % of GDP-3.7-2.0-1.7-2.1-2.3-2.4
Public debt in % of GDP42.243.343.4...
Current account in % of GDP-0.11.71.31.21.21.2
FDI inflow, EUR m1101012048....
Gross external debt in % of GDP61.065.266.1...


Basic data are continuously updated.

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

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Monthly Report No. 1/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 1, January 2026
58 pages including 6 Tables and 15 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


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