CzechContact.com The best way how to contact your Czech business partner


Jump to

Macroeconomic information regarding the Czech Republic

Basic macroeconomic data about the Czech Republic:

Indicators   2006 2007 2008
Real economy indicators
GDP bln. CZK, c. p. 3 222,4 3 535,5 3 689,0
GDP/1 inhabitant CZK/inh, c. p. 313 868 342 494 353 701
GDP %, y/y, real 6,8 6,1 2,5
Final consumption expenditure %, y/y, real 3,9 3,7 2,8
thereof: household consumption %, y/y, real 5,0 4,8 3,6
Export of goods and services %, y/y, real 15,8 15,0 6,0
Import of goods and services %, y/y, real 14,3 14,3 4,7
Domestic effective demand %, y/y, real 4,5 5,5 1,7
GDB deflator %, y/y 1,1 3,4 1,8
Gross disposable income bln. CZK, c. p. 3 044,2 3 268,1 3 394,2
Gross national savings bln. CZK, c. p. 795,4 863,1 807,0
Gross national savings rate % 26,1 26,4 23,8
Gross household savings rate % 9,6 10,9 10,4
Industry – revenues %, y/y, real 11,6 10,8 0,5
Construction – revenues %, y/y, real 13,9 7,4 -1,1
Services – revenues %, y/y, real 5,0 7,0 0,4
Agriculture – revenues %, y/y, real -3,7 -6,6 -3,8
General unemployment rate %, average 7,1 5,3 4,4
Average gross wages in CZK 19546 20957 22691
Average gross nominal wages 1) %, y/y 6,6 7,2 8,3
Average old-age pension/average wages % 40,8 40,6 40,0
Inflation rate %, y/y, average 2,5 2,8 6,3
Prices of industrial producers %, y/y, average 1,6 4,1 4,5
Prices of construction works %, y/y, average 2,9 4,1 4,5
Prices of market services %, y/y, average 3,3 1,6 3,8
Prices of agricultural producers %, y/y, average 1,1 16,5 8,8
Prices of goods export %, y/y, average -1,2 1,3 -4,6
Prices of goods import %, y/y, average 0,3 -1,0 -3,3
Currency indicators
CZK/EUR average 28,34 27,76 24,94
CZK/USD average 22,61 20,31 17,04
Current account (CA) payment balance bln. CZK -77,2 -113,1 -113,9
Financial account (FA) payment balance bln. CZK 92,4 125,8 151,2
CA/GDP % -2,4 -3,2 -3,1
FA/GDP % 2,9 3,6 4,1
Foreign exchange reserves* (FER) CNB bln. CZK 656,6 631,0 715,8
FER* CNB/GDP % 20,4 17,8 19,4
Fiscal indicators
Government deficit (surplus) bln. CZK -84,9 -23,9 -77,4
Government deficit (surplus)/ GDP % -2,6 -0,7 -2,1
State budget balance (SB) bln. CZK -97,6 -66,4 -19,4
SB balance/GDP % -3,0 -1,9 -0,5
Government debt bln. CZK 948,3 1 023,8 1 104,9
Government debt / GDP % 29,4 29,0 30,0
State debt bln. CZK 802,5 892,3 999,8
State debt / GDP % 24,9 25,2 27,1

Sources: CZSO, Ministry of Labour and Social Affairs of the CR, CNB, Ministry of Finance of the CR and Czech Hydrometeorological Institute

Notes:
y/y annual change; * status at the end of period
1) calculated numbers, entire national economy
2) physical entities, without under-limit economical entities



Other information


Navigation


Language selection