Czech Republic
US Dollar (USD)
Economic Highlights
- Low inflation environmentAnnual inflation at 1.5% is below the common 2% central bank target.
GDP Forecast
Forecast: LinearTrend-v1 · ±12,270.704 (95% band) · MAE 5,462.404 · RMSE 6,260.563
Czech Republic Economic Overview
Czech Republic's economy is characterized by its unique economic structure and regional importance. This page provides comprehensive economic indicators including GDP growth trends, inflation rates, unemployment statistics, and debt-to-GDP ratios.
Understanding Czech Republic's economic performance is essential for investors, policymakers, and researchers analyzing global economic trends and making informed decisions.
- GDP Analysis: Track historical growth patterns and quarterly performance
- Inflation Monitoring: Consumer Price Index trends and purchasing power insights
- Labor Market: Unemployment rates and workforce participation data
- Fiscal Health: Government debt levels and budget balance information
- International Trade: Balance of payments and current account statistics
GDP Growth Trends (Last 5 Years)
Quick Facts
Central bank rate
2.6%
Gross Domestic Product per capita (annual)
USD 31,550.4
Average Wage:
USD 2,461.39
Minimum Wage:
USD 961.17
Credit rating
S&P AA- · Moody's Aa3
VAT rate
21%
Corporate tax rate
19%
Top income tax rate
23%
Big Mac index
$4.70 (2025)
Inflation (CPI)
1.5%▲
YoY, Jul 2026
Unemployment Rate
3.4%▲
Jul 2026
Debt-to-GDP
N/A
Czech Republic Ranking vs. G7 Nations
| Metric | GDP Growth | Inflation | Central bank rate | Labor Market |
|---|---|---|---|---|
| Czech Republic | N/A | 1.5% | 2.6% | |
| United States of America | 6.5% | 3.4% | 3.9% | |
| Canada | -13.8% | 3.0% | 2.5% | |
| Germany | 5.7% | 2.9% | 2.6% | |
| France | -21.8% | 2.6% | 2.6% | |
| Italy | N/A | 3.2% | 2.6% | |
| Japan | N/A | 0.3% | 1.0% | |
| United Kingdom | 8.4% | 3.4% | 3.8% |
Related Economic Indicators for Czech Republic
Explore these indicators to build a complete picture of Czech Republic's economic performance: