Economic Trivia

The auto industry remains the largest single industry, and, together with its upstream suppliers, accounts for nearly 24% of Czech manufacturing.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): Germany, China, and Poland
Top 3 Exported Goods (2019): Motor Vehicles & Parts, Industrial Machinery, and Electrical Machinery

Top Industries Source: CIA World Factbook

Motor Vehicles; Metallurgy; Machinery and Equipment; Glass

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $449,879,867,408 (2020)
GDP Growth Rate (annual %) -5.794% (2020)
GDP Per Capita, PPP (current international) $42,049 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 46/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.161% (2020)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 46.1% (2019)
Real Interest Rate (5 year average %) -1.006% (2020)
Manufacturing, value added (% of GDP) 21.906% (2020)
Current Account Balance (BoP, current US$) $8,844,742,980 (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 5,378,192 (2020)
Employment in Agriculture (% of total employment) 2.636% (2020)
Employment in Industry (% of total employment) 37.128% (2020)
Employment in Services (% of total employment) 60.236% (2020)
Unemployment Rate 2.94% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $157,410,411,348 (2020)
Exports of goods and services (current US$) $174,167,792,247 (2020)
Total Merchandise Trade (% of GDP) 147.806% (2020)
FDI, net inflows (BoP, current US$) $10,752,120,871 (2019)
Commercial Service Exports (current US$) $26,090,556,841 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Czechia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank