Economic policy

This section reports on economic policy initiatives of the Czech government, the EU, and other entities that have a direct impact on the competitiveness of the country. It also includes information on economic priorities of the AmCham and other leading associations.

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Spotlight issue

15th May 2018 / Economic policy / Macroeconomic Indicators, Economic Growth

ING Bank Czech Republic: GDP grows a solid 4.5% in 1Q

The first estimate of GDP growth in 1Q18 came in at 4.5% year-on-year and 0.5% on a quarterly basis. Though slightly below market estimates, this is still a favourable figure and confirms strong domestic demand.

14th May 2018 / Economic policy / Employment and Social Affairs

AmCham CZ: Czech workforce report: Employment and wages in the Prague region 2011-2017

The American Chamber of Commerce in the Czech Republic is publishing another report within its workforce analysis series.

14th May 2018 / Economic policy / Trade and Investment

Eurostat: Ratio of investment to GDP highest in the Czech Republic | M.Skorepa, Ceska sporitelna: "We are probably observing a natural fall in the tempo of catching up, in terms of the stock of capital, to richer economies."

Among the EU Member States, in 2017 investment accounted for a quarter of GDP in the Czech Republic (25.2%) and Sweden (24.9%). Estonia (23.7%), Austria (23.5%), Ireland (23.4%), Belgium (23.3%), Romania and Finland (both 22.6%) as well as France (22.4%) all had investment rates of over 20% of GDP, according to Eurostat.