GDP

GDP of Czech Republic in 2023 - Expenditure Approach, Sector Output, and Regional GDP

Last Updated: October 31, 2023
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GDP Summary

“Czech Republic with a population of had a total GDP value of US dollars (calculated in current US dollars) for the whole of 2022. The GDP per capita is 26832, and the growth rate in 2022 is 2.3%.”

Population

10.672 million

Land Size

77200 km²

GDP

290.53 billion

GDP Per Capita

26832 USD

Real GDP Growth
Note: Real GDP Growth (%) | Forecast after 2023
GDP Per Capital (Nominal)
Note: Current USD | Forecast after 2023
GDP Per Capita (PPP)
Note: PPP | Forecast after 2023

GDP Structure (Expenditure Approach)

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Private Consumption
46.6%
Government Expneidutre
20.2%
Capital Formation
26.8%
Export
76.4%
Import
75.5%
GDP Growth(By Type)
Note: Real GDP Growth (%) | Forecast after 2023

GDP Structure By Sector

The latest GDP update was in October 2023, updating the data on the contribution of GDP output in various sectors for the year 2022, as a proportion of the total GDP. The data is sourced from the World Bank, IMF, and local government statistics. Predictions on the sources of GDP contribution are from the EIU.

Agriculture
2%
Industry
34.4%
Manufacturing
28%
Service
63.7%
Economic Growth(By Sector)
Note: Real GDP Growth (%) | Forecast after 2023

Economic Development

Unemployment

2.1 %

Inflation

15.1 %

Urbanization

73.9 %

TFR

1.7 人

Unemployment Rate
Unit: %
Inflation Rate
Unit: %

GDP By Regions

Top 5 Regions By Population & Their GDP | Note: USD, current prices, current PPP

Czech Republic

458160 million USD

Southeast

68132.4 million USD

Northeast

54000.5 million USD

Central Bohemian Region

52130.2 million USD

Prague

124942 million USD

Southwest

44769.9 million USD

Historical Real GDP Growth Rate
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %

GDP Growth By GDP

Top 5 Regions By Population & Their GDP Growth in 2020

Czech Republic

-5.5 %

Southeast

-2.16 %

Northeast

-3.74 %

Central Bohemian Region

-9.32 %

Prague

-5.62 %

Southwest

-4.61 %

Historical Real GDP Growth By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %

GDP Per Capita By Regions

Top 5 Regions By Population & Their GDP Per Capita in 2020 (Measured in PPP, current prices) | Unit: USD

Czech Republic

42827 USD

Southeast

40008 USD

Northeast

35595 USD

Central Bohemian Region

37461

Prague

93964 USD

Southwest

36272 USD

Historical GDP Per Capita (PPP) By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0 USD. | Source; Local Statistics Bureau | Unit: %

GDP Per Capita Growth By Regions

Top 5 Regions By Population & Their GDP Per Capita Growth Rate in 2020 | Unit: %

Czech Republic

-5.68 %

Southeast

-2.3 %

Northeast

-3.79 %

Central Bohemian Region

-10.13 %

Prague

-6.41 %

Southwest

-4.81 %

Historical GDP Per Capita Growth By Regions
Note: No data for 2019 and 2020 in some regions, denoted with 0%. | Source; Local Statistics Bureau | Unit: %