The Czech health care system is doing well in terms of health outcomes compared to other Central East European economies that inherited similar health systems after the transition and has been converging to OECD averages.

Weapons Sales in Czech Republic decreased to 64 USD Million in 2018 from 98 USD Million in 2017. Weapons Sales in Czech Republic averaged 74.42 USD Million from 1993 until 2018, reaching an all time high of 319 USD Million in 1994 and a record low of 1 USD Million in 2004. Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.

The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.

The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials.

This country note explains how the Czech Republic taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

The tax-to-GDP ratio in the Czech Republic increased by 0.4 percentage points from 34.9% in 2017 to 35.3% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

The tax wedge for the average single worker in the Czech Republic increased by 0.1 percentage points from 43.8 in 2018 to 43.9 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 the Czech Republic had the 7th highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

An overview of the long-term care situation in the Czech Republic is available here.

Strengthening primary health care and prevention programmes would help stem the growing tide of diabetes and other chronic health conditions in the Czech Republic, according to a new OECD report.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

The Czech economy’s export-driven recovery is slowing as weak activity Europe curbs exports. Swift implementation of new reforms is needed to ensure sustainable, inclusive long-term growth and better resilience to external shocks, according to the latest Economic Survey of the Czech Republic.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

The Czech economy is finally coming out of a prolonged recession but must take further steps to speed up income convergence towards the euro area countries, according to the OECD’s latest Economic Survey of the Czech Republic.

This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares experiences with policies and reforms in Germany, the Netherlands, Finland and the Czech Republic.

The education system has reacted slowly to changes in labour market needs, leading to an increasing number of school leavers without sufficient qualification. In addition, declining PISA scores and a rising share of low achievers are raising concerns about the quality of the future labour force.

The Czech Republic needs new reforms to boost productivity, improve economic growth and accelerate convergence toward the levels of income and well-being seen in the most advanced European countries, according to a new OECD report.

Productivity catch-up along with deeper integration into the global economy played a central role in the convergence of the Czech incomes toward OECD countries before the 2008 financial crisis.

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

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 Czech economy is thriving, with robust employment, expanding exports and falling government debt. Efforts should now focus on boosting workforce skills and innovation to improve labour supply and productivity, further reduce poverty and inequality, and green the economy, according to two new OECD reports.

Growth, driven by both internal and external demand, has been accelerating since 2013 and at 4.6% in 2017 it was more balanced than in previous years. Household consumption is supported by income growth, a declining savings rate as confidence is high, and by rising credit.

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.

This paper develops a simple model-based framework for stress testing fiscal consolidation strategies under different scenarios of future shocks

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.