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2021/02/03 08:00:26

Czech economy

Content

Main article: Czech Republic

GDP

Main article: Czech GDP

Financial system

Non-financial debt

2022: Aggregate non-financial debt

Source: Spydell Finance, November 2022
Comparison of the 1 quarter of 2022 and the second quarter of 2008
Non-financial debt from September 2004 to March 2022

National debt

2023: State debt - 42% of GDP

Data for September 2023

2018: National debt per capita

At the end of 2018

2017: State debt - 35% of GDP

The ratio of public debt to the country's GDP, 2017

Inflation

2022

Inflation in November - 15.1%
Data for November 2022
Inflation in July - 17.5%
Inflation in Europe in July 2022.
UK data - for June, inflation in July - 10.1%

2021

Inflation in some European and EU countries in 2021

Interest rate

Central Bank Interest Rates in Europe, July 2020

Taxes

2019: Digital tax 7%

In November 2019, the Czech government approved the introduction of the so-called digital tax of 7%. It will have to be paid by large international companies with a turnover of 750 million euros in the world and 100 million crowns (3.91 million euros) in the Czech Republic, as well as with a user audience of more than 200 thousand people. Among them are Facebook and Google. Read more here.

The largest companies in the Czech Republic

2020

2018

The largest companies in the Czech Republic 2018

Bankruptcy dynamics

Dynamics of bankruptcies in Eastern and Central Europe in 2008-2018

Information Technology

Social media

Percentage of users Facebook of the total number of Internet users in Europe. Data at the beginning of 2019

IT & Telecommunications Market

R&D

2020: R&D spending - $6.7 billion

R&D expenses as of 2020

Power

Nuclear power plants

Main article: Czech Nuclear Power Plants

2022: Rise in electricity prices due to pressure on Russia

from
Динамика роста цен на electric power August 1, 2021 to August 1, 2022 in countries Europe

2021: Coal is the country's main energy source

2020: Average energy consumption per capita

and
Energy consumption per capita, including electricity, transport heating in 2019-2020

Energy carriers

2022: Replacement of Russian gas for supplies from Norway

The Czech Republic is a member of the Three Seas Initiative, aimed at countering Russia.

The share of Russian gas in the Czech Republic decreased in 2022 from 97% to 4%. Supplies from Russia were replaced with gas from Norway, Czech Prime Minister Petr Fiala said in January 2023.

As of June 2022

2020

Зависимость ряда the European countries from Russian gas, data for 2019 and 2020

Mechanical engineering

2021: 1.11 million vehicles produced

Data for 2021

Foreign trade

2024: Direct deliveries to Russia with indication in the documents of Kyrgyzstan

In April 2024, exports to Russia through third countries in Central Asia continue to remain at a record level. Kyrgyzstan is a key hub for transshipment, with exports from European countries never arriving in Bishkek. Kyrgyzstan is what is indicated in the bill, but these goods go directly to Russia.

2023: Continued trade with Russia through Central Asian countries

2022

Germany is the largest export destination

According to data available for August 2023.

Trade deficit with China

Czech Republic continues to export beer to Russia amid conflict in Ukraine

Czech Republic continues to supply beer Russia in defiance of EU sanctions during the conflict on. To Ukraine The export of beer to the Russian Federation from Czech Republic is carried out through intermediaries according to the parallel import scheme. Companies do not want to lose the profit they made in the vast Russian market.

In January-September 2022, the Czech Republic exported 248 hectoliters of beer to the Russian Federation. A year earlier, during this period, the volume of exports to Russia was 390 hectoliters. Deliveries decreased, but did not stop. Alta Soft

2019: Computer Device Exports

The volume of exports of computer devices in countries of the world, 2019

2018

Data for 2018

Tourism

2019: More than 30% of the population went on tourist trips. Slovakia is the most popular country

Data for 2019

2018

Tourism revenues

Data for 2018
Central European tourism revenues, 2018

Number of foreign tourists

As of 2018

Pyrotechnics

Agriculture

2019: Low use of pesticides in agriculture

As of 2019

Food industry

2021: Cheese production - 14.9 kg per capita

Data for 2021

Labour market

2022: Proportion of workers aged 65 or over - above 5%

Data for 2022

Unemployment

2023: Youth unemployment - 13.7%
2022: Unemployment rate - 2.4%
Безработица в countries EU and Britain for July 2022
2020: Unemployment rate - 3.1%
Countries around the world in terms of unemployment in 2020

Incomes of the population

2023: Minimum wage - $643

Minimum wage in countries of the world for January 2023

2022: Decrease in real income per employee in the third quarter by 8.9%

in
Снижение реальных доходов на работника в некоторых countries Q3 2022 amid conflict in Ukraine

2018: Salaries of top officials in government management

Salaries of the first persons in the management of the state in Europe, data at the end of 2018

2017: Average monthly salary - €870

Average monthly salary in Europe and Kazakhstan. Data for 2017

Consumption

2023: Pork is the most consumed type of meat

The most consumed type of meat (including fish and seafood) according to data available for June 2023.

2019

Pork is the most consumed type of meat

The most consumed type of meat at the end of 2019

Beer consumption in liters per year per person

Потребление beer per capita, data from early 2019
Годовое потребление beer per capita population in liters with a 5% strength in 2019

2018

Per capita tea consumption per kg per year

Потребление tea per capita, population kg per year. Data for 2018

2018: Consumption of 173 litres of milk per year per person

Milk consumption in liters per year per person. Data at the end of 2018

Minimum age to purchase alcoholic beverages

Data for 2018

Notes