ECON FACTBOOK

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Economy of the Czech Republic

Population: 11 million in 2013¹

GDP: $198 billion in 2013²

GDP per capita: $19,845 nominal³ ($27,344 PPP⁴) in 2013

GDP growth rate: -0.7% in 2013⁵

Industries

GDP by Industry 2012⁶

Employment

Unemployment rate: 6.9% in 2013⁷

Employment by Industry 2013⁸

Corporations

Top 10 Corporations by Revenue 2013⁹

N/A

Households

Household Wealth: $391 billion (197% of GDP) in 2014¹⁰

Household Wealth per Adult: $46,291 in 2014¹⁰

Gini Coefficient: .249 in 2012¹¹

Government

Central Government

Central Government Revenue: $56 billion (28% of GDP) in 2013¹²

Central Government Expenditure: $60 billion (30% of GDP) in 2013¹²

Central Government Budget Balance: -$4 billion (-2% of GDP) in 2013¹²

Central Government Public Debt: $81 billion (41% of GDP) in Q3 2014* ¹³

Central Government 10 Year Bond Interest Rate: 0.41% on Jan 28, 2015¹⁴

* Public debt calculated using the exchange rate 24.60 CZK = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2013¹⁵

• 15%: $0+

Corporate Tax Rate: 19% in 2014¹⁶

Monetary Policy

Money Supply (M1): $112 billion (56% of GDP) in Jan 2015* ¹⁷

Benchmark Interest Rate: Discoutn Rate = 0.05% on Jan 28, 2015¹⁸

Total Reserves: $56 billion (28% of GDP) in 2013¹⁹

Exchange Rate: 24.60 Czech Republic Koruna = 1 U.S. Dollar on Jan 28, 2015²⁰

Inflation: 1.4% in 2013²¹

* Money supply calculated using the exchange rate 24.60 CZK = 1 USD

Financial Institutions

Top 5 Financial Institutions by Assets 2013²²

International Accounts

Exports: $161 billion (81% of GDP) in 2013²³

Imports: $143 billion (72% of GDP) in 2013²³

Trade Balance: +$18 billion (+9% of GDP) in 2013²³

Foreign Direct Investment Inflow: $5 billion (3% of GDP) in 2013²⁴

Foreign Direct Investment Outflow: $3 billion (2% of GDP) in 2013²⁴

Foreign Aid Inflow: N/A

Foreign Aid Outflow: $210 million (0.1% of GDP)²⁵

References

<sup>1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: OECD Stats, National Accounts, Quarterly Public Sector Debt (Public debt) Go back
14. Source: Investing.com (Government bond yield) Go back
15. Source: OECD Stats, Public Sector, Taxation, Tax Database (Individual tax rates) Go back
16. Source: Tax Foundation (Corporate tax rate) Go back
17. Source: Czech National Bank, Statistics, Monetary and financial Statistics, Monetary Statistics, Monthly Bulletin (Money supply) Go back
18. Source: Czech National Bank (Benchmark interest rate) Go back
19. Source: World Bank Indicators (Total reserves) Go back
20. Source: Yahoo Finance (Exchange rate) Go back
21. Source: World Bank Indicators (Inflation rate) Go back
22. Source: Relbanks.com (Financial institutions by assets) Go back
23. Source: CIA World Factbook (Trade data) Go back
24. Source: OECD FDI in Figures (FDI data) Go back
25. Source: OECD Aid Data, DAC flows at a glance (Aid data) Go back</sup>