Spending on public administration itself is relatively low and so are indicators of its performance.

Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average.

The aim of this workshop was to present recent developments in implementing Regulatory Impact Assessment in the Czech Republic as well as to enable an exposure to different approaches in some leading OECD countries.

Spending on public administration itself is relatively low and so are indicators of its performance.

Spending on public administration itself is relatively low and so are indicators of its performance.

Czech Republic scored 56 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Czech Republic averaged 48.53 Points from 1996 until 2019, reaching an all time high of 59 Points in 2018 and a record low of 37 Points in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Czech Republic Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Czech Republic is the 44 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Czech Republic averaged 45.29 from 1996 until 2019, reaching an all time high of 57 in 2011 and a record low of 25 in 1996. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Czech Republic Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Corporate Profits in Czech Republic increased to 323281 CZK Million in 2017 from 308944 CZK Million in 2016. Corporate Profits in Czech Republic averaged 197864.92 CZK Million from 1997 until 2017, reaching an all time high of 328392 CZK Million in 2015 and a record low of -2717.06 CZK Million in 1997. This page provides - Czech Republic Corporate Profits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages High Skilled in Czech Republic increased to 35400 CZK/Month in 2018 from 32200 CZK/Month in 2017. Wages High Skilled in Czech Republic averaged 32050 CZK/Month from 2015 until 2018, reaching an all time high of 35400 CZK/Month in 2018 and a record low of 29500 CZK/Month in 2015. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Electricity Production in Czech Republic decreased to 7782 Gigawatt-hour in December from 7823 Gigawatt-hour in November of 2019. Electricity Production in Czech Republic averaged 7142.70 Gigawatt-hour from 2008 until 2019, reaching an all time high of 8650 Gigawatt-hour in January of 2017 and a record low of 5516 Gigawatt-hour in July of 2017. This page has Electricity Production values for Czech Republic.

The Gross Domestic Product (GDP) in Czech Republic expanded 1.80 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Czech Republic averaged 2.51 percent from 1997 until 2019, reaching an all time high of 7.30 percent in the second quarter of 2006 and a record low of -5.60 percent in the second quarter of 2009. In Czech Republic, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP. This page provides the latest reported value for - Czech Republic GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

ICU Beds in Czech Republic averaged 577.11 per 100K people from 1980 until 2014, reaching an all time high of 817.15 per 100K people in December of 1985 and a record low of 425.03 per 100K people in December of 2014. This page includes a chart with historical data for Czech Republic ICU Beds.

Housing Index in Czech Republic increased to 146.40 points in the fourth quarter of 2019 from 143.30 points in the third quarter of 2019. Housing Index in Czech Republic averaged 105.90 points from 2008 until 2019, reaching an all time high of 146.40 points in the fourth quarter of 2019 and a record low of 93.60 points in the first quarter of 2013. In Czech Republic, the House Price Index measures residential property market prices. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included. This page provides - Czech Republic House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Czech Republic increased to 2 BBL/D/1K in December from 1 BBL/D/1K in November of 2019. Crude Oil Production in Czech Republic averaged 3.76 BBL/D/1K from 1994 until 2019, reaching an all time high of 7 BBL/D/1K in December of 2002 and a record low of 1 BBL/D/1K in July of 2019. This page provides - Czech Republic Crude Oil Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Czech Republic was recorded at 3.40 percent in March of 2020. Inflation Rate in Czech Republic averaged 4.25 percent from 1993 until 2020, reaching an all time high of 21.90 percent in February of 1993 and a record low of -0.40 percent in January of 2003. In Czech Republic, the most important category in the consumer price index is Housing and Utilities (26.6 percent of total weight). Food and Non-Alcoholic Beverages accounts for 17.1 percent; Transport for 10.1 percent; Alcoholic beverages and Tobacco for 9.5 percent; Recreation and Culture for 8.8 percent and Miscellaneous Goods and Services for 6.8 percent. Furniture, Household Goods and Maintenance; Restaurants and Hotels; Clothing and Footwear; Communication; Health and Education account for the remaining 21.1 percent of total weight. This page provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Czech Republic increased 2.73 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Czech Republic averaged 0.98 percent from 1999 until 2020, reaching an all time high of 3.71 percent in July of 2001 and a record low of -1.04 percent in September of 2009. In Czech Republic, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Czech Republic Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Czech Republic decreased to 111.20 points in March from 111.30 points in February of 2020. Consumer Price Index CPI in Czech Republic averaged 84.04 points from 1991 until 2020, reaching an all time high of 111.30 points in February of 2020 and a record low of 50.60 points in January of 1995. In Czech Republic, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Czech Republic Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Czech Republic increased to 114.10 points in March from 113.90 points in February of 2020. CPI Housing Utilities in Czech Republic averaged 75.88 points from 1995 until 2020, reaching an all time high of 114.10 points in March of 2020 and a record low of 24.80 points in January of 1995. This page provides - Czech Republic Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Czech Republic decreased to 104.30 points in March of 2020 from 106.40 points in February of 2020. CPI Transportation in Czech Republic averaged 95.75 points from 1995 until 2020, reaching an all time high of 106.50 points in July of 2018 and a record low of 64.20 points in January of 1995. This page provides - Czech Republic Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Czech Republic decreased by 0.30 in December of 2019. Employment Change in Czech Republic averaged 0.06 percent from 1995 until 2019, reaching an all time high of 1.60 percent in the first quarter of 1996 and a record low of -1.30 percent in the second quarter of 2009. In Czech Republic, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Czech Republic Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Czech Republic increased to 75.30 percent in the fourth quarter of 2019 from 75.20 percent in the third quarter of 2019. Employment Rate in Czech Republic averaged 67.50 percent from 1998 until 2019, reaching an all time high of 75.40 percent in the fourth quarter of 2018 and a record low of 63.70 percent in the first quarter of 2004. In Czech Republic, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Czech Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Czech Republic increased to 8201518.60 CZK Million in February from 8139085.60 CZK Million in January of 2020. Banks Balance Sheet in Czech Republic averaged 3834789.71 CZK Million from 1993 until 2020, reaching an all time high of 8201518.60 CZK Million in February of 2020 and a record low of 1097835 CZK Million in March of 1993. This page provides - Czech Republic Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Loans to Private Sector in Czech Republic decreased to 1136944.80 CZK Million in February from 1140474.60 CZK Million in January of 2020. Loans to Private Sector in Czech Republic averaged 786497.16 CZK Million from 2002 until 2020, reaching an all time high of 1158624.20 CZK Million in November of 2019 and a record low of 425332.80 CZK Million in May of 2003. This page provides - Czech Republic Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in Czech Republic increased to 14.65 percent in the fourth quarter of 2019 from 11.54 percent in the third quarter of 2019. Personal Savings in Czech Republic averaged 11.44 percent from 1999 until 2019, reaching an all time high of 15.69 percent in the fourth quarter of 2009 and a record low of 7.23 percent in the third quarter of 2001. This page provides - Czech Republic Personal and Households Deposits - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Czech Republic increased to 1740468 CZK Million in 2019 from 1734626 CZK Million in 2018. Government Debt in Czech Republic averaged 1097156.48 CZK Million from 1995 until 2019, reaching an all time high of 1840412 CZK Million in 2013 and a record low of 211777 CZK Million in 1996. This page provides - Czech Republic Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Czech Republic increased to 4932508.49 CZK Million in March from 4809042.72 CZK Million in February of 2020. Money Supply M2 in Czech Republic averaged 2784484.53 CZK Million from 2002 until 2020, reaching an all time high of 4932508.49 CZK Million in March of 2020 and a record low of 1326829.94 CZK Million in June of 2002. Czech Republic Money Supply M2 includes M1 plus short-term time deposits in banks. As of 2016, the central bank has changed the main monetary indicator from the previously used M2 monetary aggregate in the national definition to the harmonised M3 monetary aggregate under harmonised monetary statistics compiled in accordance with E(S)CB methodological guidelines. This page provides - Czech Republic Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Czech Republic increased to 3.40 percent in April from 3 percent in March of 2020. Unemployment Rate in Czech Republic averaged 5.37 percent from 1990 until 2020, reaching an all time high of 9.69 percent in January of 2004 and a record low of 0.09 percent in February of 1990. In Czech Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Czech Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Czech Republic decreased 8.70 percent in March of 2020 over the previous month. Industrial Production Mom in Czech Republic averaged 0.25 percent from 2000 until 2020, reaching an all time high of 4.40 percent in August of 2000 and a record low of -8.70 percent in March of 2020. In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Czech Republic Industrial Production MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Czech Republic increased to 326080.62 CZK Million in March from 314297.44 CZK Million in February of 2020. Imports in Czech Republic averaged 162724.38 CZK Million from 1991 until 2020, reaching an all time high of 400658 CZK Million in October of 2018 and a record low of 14204 CZK Million in January of 1992. Czech Republic imports mainly machinery and transportation equipment, raw materials, fuels and chemicals. Its major import partners are European Union countries, China, Russia and Japan. This page includes: Czech Republic Imports chart, historical data and news. This page provides the latest reported value for - Czech Republic Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Czech Republic decreased 10.80 percent in March of 2020 over the same month in the previous year. Industrial Production in Czech Republic averaged 3.26 percent from 2001 until 2020, reaching an all time high of 14.50 percent in February of 2007 and a record low of -20.70 percent in February of 2009. In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Czech Republic Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Czech Republic recorded a government budget deficit of 49043.36 CZK Million in April of 2020. Government Budget Value in Czech Republic averaged -4526.97 CZK Million from 1992 until 2020, reaching an all time high of 45869.48 CZK Million in January of 2016 and a record low of -79160 CZK Million in December of 2007. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Czech Republic Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The number of employed persons in Czech Republic decreased to 5277.42 Thousand in the first quarter of 2020 from 5304.70 Thousand in the fourth quarter of 2019. Employed Persons in Czech Republic averaged 4971.11 Thousand from 2003 until 2020, reaching an all time high of 5326.33 Thousand in the fourth quarter of 2018 and a record low of 4675.90 Thousand in the first quarter of 2004. This page provides - Czech Republic Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Czech Republic stands at AA- with stable outlook. Moody's credit rating for Czech Republic was last set at Aa3 with stable outlook. Fitch's credit rating for Czech Republic was last reported at AA- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Czech Republic thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Czech Republic as reported by major credit rating agencies.

Czech Republic recorded 8078 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Czech Republic reported 270 Coronavirus Deaths. This page includes a chart with historical data for Czech Republic Coronavirus Cases.

Czech Republic recorded 273 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Czech Republic reported 8078 Coronavirus Cases. This page includes a chart with historical data for Czech Republic Coronavirus Deaths.

Czech Republic recorded 4414 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Czech Republic reported 273 Coronavirus Deaths. This page includes a chart with historical data for Czech Republic Coronavirus Recovered.

Business Confidence in Czech Republic decreased to 73.80 points in April from 93.10 points in March of 2020. Business Confidence in Czech Republic averaged 96.65 points from 1993 until 2020, reaching an all time high of 112.80 points in February of 2007 and a record low of 69.10 points in March of 1999. In Czech Republic, the business confidence survey measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Czech Statistical Office business confidence indicator is a weighted average of seasonally adjusted confidence indicators in industry, construction, trade and in selected services. This page provides - Czech Republic Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Czech Republic 10Y Bond Yield was 1.12 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Czech Republic Government Bond 10Y reached an all time high of 7.68 in November of 2000. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Czech Republic recorded a Government Budget surplus equal to 0.30 percent of the country's Gross Domestic Product in 2019. Government Budget in Czech Republic averaged -3.02 percent of GDP from 1995 until 2019, reaching an all time high of 1.50 percent of GDP in 2017 and a record low of -12.40 percent of GDP in 1995. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Czech Republic Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Czech Republic increased to 3227974.01 CZK Million in March from 3169067.55 CZK Million in February of 2020. Private Sector Credit in Czech Republic averaged 1572673.94 CZK Million from 1993 until 2020, reaching an all time high of 3227974.01 CZK Million in March of 2020 and a record low of 588000 CZK Million in January of 1993. This page provides - Czech Republic Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Czech Republic increased to 6.20 percent in March from 5.30 percent in February of 2020. Youth Unemployment Rate in Czech Republic averaged 13.47 percent from 1993 until 2020, reaching an all time high of 21.80 percent in October of 2004 and a record low of 4.80 percent in December of 2019. This page provides the latest reported value for - Czech Republic Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Import Prices in Czech Republic decreased to 93.70 points in February from 94.90 points in January of 2020. Import Prices in Czech Republic averaged 97.60 points from 1998 until 2020, reaching an all time high of 111.50 points in November of 2000 and a record low of 86.50 points in September of 2009. In Czech Republic, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides the latest reported value for - Czech Republic Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Households Debt in Czech Republic increased to 32.20 percent of GDP in the fourth quarter of 2019 from 32.10 percent of GDP in the third quarter of 2019. Households Debt To GDP in Czech Republic averaged 20.65 percent of GDP from 1995 until 2019, reaching an all time high of 32.20 percent of GDP in the fourth quarter of 2019 and a record low of 6.70 percent of GDP in the first quarter of 2000. This page provides - Czech Republic Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to Czech Republic CMLV in Russia increased to 489.20 USD Million in February from 251.20 USD Million in January of 2020. Exports to Czech Republic CMLV in Russia averaged 2490.77 USD Million from 2006 until 2020, reaching an all time high of 7249.80 USD Million in December of 2008 and a record low of 169 USD Million in January of 2016. Russia accounts for Exports to Czech Republic using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports to Czech Republic.

Producer Prices in Czech Republic increased 0.40 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Czech Republic averaged 5.05 percent from 1991 until 2020, reaching an all time high of 77.40 percent in May of 1991 and a record low of -5.40 percent in September of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Czech Republic Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Czech Republic decreased to 35.10 points in April from 41.30 points in March of 2020. Manufacturing PMI in Czech Republic averaged 52.41 points from 2011 until 2020, reaching an all time high of 59.80 points in December of 2017 and a record low of 35.10 points in April of 2020. In Czech Republic, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 250 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Czech Republic Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Housing Starts in Czech Republic decreased to 9140 units in the first quarter of 2020 from 9540 units in the fourth quarter of 2019. Housing Starts in Czech Republic averaged 8306.10 units from 1998 until 2020, reaching an all time high of 12580 units in the third quarter of 2007 and a record low of 5062 units in the first quarter of 2015. This page provides - Czech Republic Housing Starts- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Czech Republic recorded a government debt equivalent to 30.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Czech Republic averaged 28.72 percent from 1995 until 2019, reaching an all time high of 44.90 percent in 2013 and a record low of 11.60 percent in 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Czech Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Czech Republic decreased 0.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Czech Republic averaged 0.23 percent from 1997 until 2020, reaching an all time high of 3.89 percent in January of 1998 and a record low of -0.84 percent in September of 2001. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Czech Republic Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages Low Skilled in Czech Republic increased to 15700 CZK/Month in 2018 from 14600 CZK/Month in 2017. Wages Low Skilled in Czech Republic averaged 14400 CZK/Month from 2015 until 2018, reaching an all time high of 15700 CZK/Month in 2018 and a record low of 13400 CZK/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.