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) $429,753,883,036 (2018)
GDP Growth Rate (annual %) 2.958% (2018)
GDP Per Capita, PPP (current international) $40,429 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 46/196 (2018)

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 %) 2.848% (2019)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 46.1% (2019)
Real Interest Rate (5 year average %) 0.973% (2018)
Manufacturing, value added (% of GDP) 23.061% (2018)
Current Account Balance (BoP, current US$) ($676,834,133) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 5,436,381 (2019)
Employment in Agriculture (% of total employment) 2.718% (2019)
Employment in Industry (% of total employment) 37.288% (2019)
Employment in Services (% of total employment) 59.994% (2019)
Unemployment Rate 1.933% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $176,570,166,322 (2018)
Exports of goods and services (current US$) $192,222,918,480 (2018)
Total Merchandise Trade (% of GDP) 157.772% (2018)
FDI, net inflows (BoP, current US$) $9,332,858,121 (2019)
Commercial Service Exports (current US$) $30,402,713,104 (2018)
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