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Czech Republic

Economy

The most important sectors of the Czech Republic’s economy in 2018 are industry (30.2 %), wholesale and retail trade, transport, accommodation and food services (19.2%) and public administration, defense, education, human health and social work activities (15.5%). Currency: CZK GDP Per Capita: 23,101.8 USD (2019) GDP Growth Rate: 2.6%annual change (2019) Gross Domestic Product: 254,296.75 million (2019) GNI Per Capita: 38,180 PPP dollars (2019

Czech Republic

Foreign Trade

The top exports of Czechia are Cars ($22.7B), Vehicle Parts ($15.6B), Computers ($10.8B), Broadcasting Equipment ($8.28B), and Office Machine Parts ($4.18B). The top imports of Czechia are Vehicle Parts ($10.2B), Broadcasting Equipment ($8.66B), Office Machine Parts ($6.93B), Cars ($4.61B), and Computers ($4.47B). The Czech Republic’s main export partners are Germany, Slovakia and Poland while its main import partners are Germany, Poland and Slovakia.

Finances with European Union

Breakdown of the Czech Republic’s finances with the EU: Total EU spending in the Czech Republic: : 4.123 billion Total EU spending as %of the Czech Republic’s GNI: 2.10% Total Czech contribution to the EU budget:1.720 billion Czech contribution to the EU budget as % of its GNI: 0.88%