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Economic indicators

Czech Republic

Economic indicators | Foreign Trade in figures | Sources of general economic information

Economic indicators

Main indicators	2008	2009	2010	2011	2012
GDP (billions USD)	216.09e	194.83e	199.01e	215.29e	228.40e
GDP (constant prices, annual % change)	2.5e	-4.3e	1.7e	2.6e	3.5e
GDP per capita (USD)	20,734.15e	18,557.14e	19,084.15e	20,638.61e	21,889.57e
Inflation rate (%)	6.3	1.0e	1.6e	2.0e	2.0e
Current Account (billions USD)	-6.67	-1.94e	-3.40e	-5.07e	-6.28e
Current Account (in % of GDP)	-3.1e	-1.0e	-1.7e	-2.4e	-2.7e

Source:

Note: (e) Estimated data

Breakdown of economic activity by sector	Agriculture	Industry	Services
Value added (annual % change)	5.0	6.8	1.5
Value added (in % of GDP)	2.5	37.6	59.9
Employment by sector (in % of total employment)	3.3	40.5	56.1

Source: - last available data.

Monetary indicators	2004	2005	2006	2007	2008
Average annual exchange rate for 1 USD	25.70	23.96	22.60	20.29	17.07

Source:

Foreign trade in figures

Foreign trade indicators	2005	2006	2007	2008	2009
Imports of goods (millions USD)	76,512	93,191	118,169	142,038	104,982
Exports of goods (millions USD)	78,110	94,929	122,499	146,799	113,319
Imports of services (millions USD)	10,110	11,867	14,401	17,256	17,291
Exports of services (millions USD)	11,730	13,906	16,895	22,179	20,304
Imports of goods and services (annual % change)	5.0	14.3	14.3	4.7	-
Exports of goods and services (annual % change)	11.6	15.8	15.0	6.0	-
Imports of goods and services (in % of GDP)	69.0	73.1	75.1	72.5	-
Exports of goods and services (in % of GDP)	72.2	76.4	80.1	77.1	-
Trade Balance (millions USD)	2,522	2,843	5,913	6,368	-
Current Account (millions USD)	-1,577	-3,559	-5,754	-6,631	-
Foreign trade (in % of GDP)	141.2	149.4	155.1	149.6	-

Source:

Main partner countries

Main customers (% of exports)	2008
Germany	30.7%
Slovakia	9.2%
Poland	6.5%
France	5.4%
United Kingdom	4.8%
Austria	4.7%
Italy	4.7%
Netherlands	3.9%
Hungary	2.8%
Russia	2.7%
Belgium	2.7%
Spain	2.3%
Sweden	1.8%
United States	1.7%
Romania	1.5%
Switzerland	1.4%
Ukraine	1.0%
Denmark	0.8%
Finland	0.6%
Slovenia	0.6%
See more countries	43.4%

Main suppliers (% of imports)	2008
Germany	26.8%
China	8.8%
Russia	6.4%
Poland	5.8%
Slovakia	5.6%
Italy	4.5%
France	4.1%
Austria	3.7%
Japan	3.3%
Netherlands	3.1%
Hungary	2.7%
United Kingdom	2.4%
United States	2.1%
Belgium	1.9%
Spain	1.8%
Switzerland	1.1%
Azerbaijan	1.1%
South Korea	1.0%
Sweden	1.0%
Thailand	0.9%
See more countries	46.6%

Source: Comtrade

Main products

Main exports (% of exports)	2008
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	19.8%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	17.1%
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	15.8%
Articles of iron or steelArticles of iron or steel	4.9%
Iron and steelIron and steel	4.1%
Plastics and articles thereofPlastics and articles thereof	3.3%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	3.0%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	2.4%
Rubber and articles thereofRubber and articles thereof	2.2%
Glass and glasswareGlass and glassware	1.5%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	1.4%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	1.4%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	1.3%
Toys, games and sports requisites; parts and...Toys, games and sports requisites; parts and accessories thereof	1.2%
Aluminium and articles thereofAluminium and articles thereof	1.1%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.9%
Pharmaceutical productsPharmaceutical products	0.9%
Miscellaneous articles of base metalMiscellaneous articles of base metal	0.8%
Organic chemicalsOrganic chemicals	0.8%
Railway or tramway locomotives, rolling-stock and...Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds	0.7%
Soap, organic surface-active agents, washing...Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster	0.6%
Articles of apparel and clothing accessories, not...Articles of apparel and clothing accessories, not knitted or crocheted	0.6%
Dairy produce; birds' eggs; natural honey; edible...Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	0.6%
Ceramic productsCeramic products	0.5%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	0.5%
Tools, implements, cutlery, spoons and forks, of...Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal	0.4%
Articles of stone, plaster, cement, asbestos, mica...Articles of stone, plaster, cement, asbestos, mica or similar materials	0.4%
Copper and articles thereofCopper and articles thereof	0.4%
Beverages, spirits and vinegarBeverages, spirits and vinegar	0.4%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	0.4%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.3%
Oil seeds and oleaginous fruits; miscellaneous...Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder	0.3%
Other made-up textile articles; sets; worn...Other made-up textile articles; sets; worn clothing and worn textile articles; rags	0.3%
Articles of apparel and clothing accessories,...Articles of apparel and clothing accessories, knitted or crocheted	0.3%
Miscellaneous chemical productsMiscellaneous chemical products	0.3%
CerealsCereals	0.3%
Wadding, felt and nonwovens; special yarns; twine,...Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof	0.3%
Tobacco and manufactured tobacco substitutesTobacco and manufactured tobacco substitutes	0.3%
Footwear, gaiters and the like; parts of such...Footwear, gaiters and the like; parts of such articles	0.3%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	0.3%
Tanning or dyeing extracts; tannins and their...Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks	0.3%
CottonCotton	0.2%
Wool, fine or coarse animal hair; horsehair yarn...Wool, fine or coarse animal hair; horsehair yarn and woven fabric	0.2%
Man-made filamentsMan-made filaments	0.2%
Pulp of wood or of other fibrous cellulosic...Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard	0.2%
Sugars and sugar confectionerySugars and sugar confectionery	0.2%
Impregnated, coated, covered or laminated textile...Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use	0.2%
Preparations of cereals, flour, starch or milk;...Preparations of cereals, flour, starch or milk; pastrycooks' products	0.2%
Miscellaneous manufactured articlesMiscellaneous manufactured articles	0.2%
Natural or cultured pearls, precious or...Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	0.2%
Live animalsLive animals	0.2%
Residues and waste from the food industries;...Residues and waste from the food industries; prepared animal fodder	0.2%
Articles of leather; saddlery and harness; travel...Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)	0.2%
Man-made staple fibresMan-made staple fibres	0.2%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.2%
Meat and edible meat offalMeat and edible meat offal	0.2%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.2%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	0.2%
FertilizersFertilizers	0.2%
Products of the milling industry; malt; starches;...Products of the milling industry; malt; starches; inulin; wheat gluten	0.1%
Arms and ammunition; parts and accessories thereofArms and ammunition; parts and accessories thereof	0.1%
Explosives; pyrotechnic products; matches;...Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations	0.1%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.1%
See more products	38.3%

Main imports (% of imports)	2008
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	16.8%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	15.7%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	10.4%
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	8.5%
Iron and steelIron and steel	5.3%
Plastics and articles thereofPlastics and articles thereof	4.9%
Articles of iron or steelArticles of iron or steel	3.2%
Pharmaceutical productsPharmaceutical products	2.6%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	2.2%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	1.7%
Rubber and articles thereofRubber and articles thereof	1.7%
Aluminium and articles thereofAluminium and articles thereof	1.7%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	1.3%
Copper and articles thereofCopper and articles thereof	1.0%
Miscellaneous chemical productsMiscellaneous chemical products	0.9%
Ores, slag and ashOres, slag and ash	0.8%
Toys, games and sports requisites; parts and...Toys, games and sports requisites; parts and accessories thereof	0.8%
Articles of apparel and clothing accessories, not...Articles of apparel and clothing accessories, not knitted or crocheted	0.7%
Organic chemicalsOrganic chemicals	0.7%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.7%
Miscellaneous articles of base metalMiscellaneous articles of base metal	0.7%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	0.7%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	0.7%
Tanning or dyeing extracts; tannins and their...Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks	0.6%
Glass and glasswareGlass and glassware	0.6%
Meat and edible meat offalMeat and edible meat offal	0.6%
Articles of apparel and clothing accessories,...Articles of apparel and clothing accessories, knitted or crocheted	0.6%
Tools, implements, cutlery, spoons and forks, of...Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal	0.5%
Footwear, gaiters and the like; parts of such...Footwear, gaiters and the like; parts of such articles	0.5%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	0.5%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	0.5%
Edible fruit and nuts; peel of citrus fruits or...Edible fruit and nuts; peel of citrus fruits or melons	0.5%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.4%
Dairy produce; birds' eggs; natural honey; edible...Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	0.4%
Soap, organic surface-active agents, washing...Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster	0.4%
Beverages, spirits and vinegarBeverages, spirits and vinegar	0.4%
Edible vegetables and certain roots and tubersEdible vegetables and certain roots and tubers	0.4%
Residues and waste from the food industries;...Residues and waste from the food industries; prepared animal fodder	0.4%
Preparations of cereals, flour, starch or milk;...Preparations of cereals, flour, starch or milk; pastrycooks' products	0.4%
Ceramic productsCeramic products	0.3%
Man-made filamentsMan-made filaments	0.3%
Articles of stone, plaster, cement, asbestos, mica...Articles of stone, plaster, cement, asbestos, mica or similar materials	0.3%
FertilizersFertilizers	0.3%
Articles of leather; saddlery and harness; travel...Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)	0.3%
Impregnated, coated, covered or laminated textile...Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use	0.3%
Railway or tramway locomotives, rolling-stock and...Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds	0.3%
Wadding, felt and nonwovens; special yarns; twine,...Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof	0.3%
Preparations of vegetables, fruit, nuts or other...Preparations of vegetables, fruit, nuts or other parts of plants	0.3%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.2%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.2%
Natural or cultured pearls, precious or...Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	0.2%
Man-made staple fibresMan-made staple fibres	0.2%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	0.2%
Other made-up textile articles; sets; worn...Other made-up textile articles; sets; worn clothing and worn textile articles; rags	0.2%
CottonCotton	0.2%
Wool, fine or coarse animal hair; horsehair yarn...Wool, fine or coarse animal hair; horsehair yarn and woven fabric	0.2%
Other base metals; cermets; articles thereofOther base metals; cermets; articles thereof	0.2%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.2%
Carpets and other textile floor coveringsCarpets and other textile floor coverings	0.2%
Raw hides and skins (other than furskins) and...Raw hides and skins (other than furskins) and leather	0.2%
Miscellaneous manufactured articlesMiscellaneous manufactured articles	0.2%
Sugars and sugar confectionerySugars and sugar confectionery	0.2%
Zinc and articles thereofZinc and articles thereof	0.1%
Tobacco and manufactured tobacco substitutesTobacco and manufactured tobacco substitutes	0.1%
Coffee, tea, maté and spicesCoffee, tea, maté and spices	0.1%
Lead and articles thereofLead and articles thereof	0.1%
Albuminoidal substances; modified starches; glues;...Albuminoidal substances; modified starches; glues; enzymes	0.1%
Live trees and other plants; bulbs, roots and the...Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage	0.1%
Nickel and articles thereofNickel and articles thereof	0.1%
Oil seeds and oleaginous fruits; miscellaneous...Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder	0.1%
Pulp of wood or of other fibrous cellulosic...Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard	0.1%
CerealsCereals	0.1%
See more products	43.3%

Source: Comtrade

See more products: More imports (Intracen Data)
More exports (Intracen Data)

Sources of general economic information

Ministries: Ministry of Agriculture
Ministry of Foreign Affairs
Ministry of Industry and Trade
Ministry of Finance
Statistical Office: Czech National Statistical Office
Central Bank: Czech National Bank
Stock Exchange: Prague Stock Exchange
Czech capital market association
Main online newspapers: Lidové Noviny ( in Czech only ), daily
Hospodárské noviny (in Czech only), daily
MF DNES (in Czech only), daily
Právo (in Czech only), daily
EKONOM (in Czech only), weekly
The Prague Post
The Prague Tribune
Prague Business Journal
Search Engines: Atlas
Best
Katalog
O² Active
Superzoznam
Surf
Economic portals: Czech Happenings, Czech Press Bureau (in Czech and in english)
Businessinfo.cz, Czech business web portal
Financni Noviny, News in English

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Economic indicators

Czech Republic

Economic indicators

Foreign trade in figures

Main partner countries

Main products

Sources of general economic information

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Regulatory environment

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