30th January 2017

SPIR: Czech internet economy reaches 4.3% of GDP

The Czech internet economy amounts to 4.3% of the country's GDP and increased by 15% from CZK 164 bn to CZK 188 bn between 2011 and 2015. The share of the internet economy on GDP is higher than that of health care, agriculture and banking and finance, the Czech Internet Economy 2016 report published by SPIR says. 

98% of Czech businesses were connected to the internet in 2015, which is above the EU avergae of 95%, but only 7% use connectivity at least 100 Mbps, a high-speed broadband network. Majority of businesses use internet for the communication with the government.

79 % of Czech households had access to the internet in 2015 and the Czech Republic had the second largest share on the total population of individuals with active basic ICT skills among EU member states.

There are issues to be addressed such as drafting a united, long-term strategy for ICT development by ministries and public authorities, corresponding with the development in the ICT and industrial sectors, a more intensive use of ICT in the public sector, more clarity in the areas of single electronic identity and PES (Legal electronic system for businesses), for example. 

Members of the American Chamber of Commerce in the Czech Republic