Indicators of economy in Czechia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Czechia reached 23.495 US dollars per inhabitant, or 250.68 bn US Dollar in the whole country. Czechia is therefore currently ranked 46 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Czechia is in the list of the world's richest countries in place 31.

Inflation in Czechia was in 2019 at around 2.85%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 30.06% lower.
The Corruption Perceptions Index for the public sector counts 54 and is compared to other countries moderate.


Back to overview: Czechia