Main article: Czech Republic
GDP
Main article: Czech GDP
Financial system
Non-financial debt
2022: Aggregate non-financial debt
National debt
2023: State debt - 42% of GDP
2018: National debt per capita
2017: State debt - 35% of GDP
Inflation
2022
Inflation in November - 15.1%
Inflation in July - 17.5%
2021
Interest rate
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
Bankruptcy dynamics
Information Technology
Social media
IT & Telecommunications Market
- Main article: Czech IT market
- Main article: Communication (Czech market)
R&D
2020: R&D spending - $6.7 billion
Power
Nuclear power plants
Main article: Czech Nuclear Power Plants
2022: Rise in electricity prices due to pressure on Russia
from2021: Coal is the country's main energy source
2020: Average energy consumption per capita
andEnergy 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.
2020
Mechanical engineering
2021: 1.11 million vehicles produced
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
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