| variable | 1994-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 1.79 | 4.2 | -1.04 | 1.7 | 4.03 | 2.85 | -0.06 | 1.11 | 1.62 |
| CPI % | 6.79 | 2.88 | 1.25 | 1.86 | 3.84 | 15.1 | 10.66 | 2.44 | 2.48 |
| Unemployment rate | 6.11 | 7.03 | 6.99 | 4.52 | 2.73 | 2.17 | 2.58 | 2.8 | 2.5 |
| Debt/GDP % | 13.83 | 26.92 | 35.06 | 37.65 | 40.69 | 42.52 | 42.45 | 42.99 | 44.22 |
| Current account balance/GDP % | -3.75 | -3.78 | -2.89 | 0.23 | -2.06 | -4.68 | -0.11 | 1.75 | -0.07 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
At the close of World War I, the Czechs and Slovaks of the former Austro-Hungarian Empire merged to form Czechoslovakia, a parliamentarian democracy. During the interwar years, having rejected a federal system, the new country's predominantly Czech leaders were frequently preoccupied with meeting the increasingly strident demands of other ethnic minorities within the republic, most notably the Slovaks, the Sudeten Germans, and the Ruthenians (Ukrainians). On the eve of World War II, Nazi Germany occupied the territory that today comprises Czechia, and Slovakia became an independent state allied with Germany. After the war, a reunited but truncated Czechoslovakia (less Ruthenia) fell within the Soviet sphere of influence when the pro-Soviet Communist party staged a coup in February 1948. In 1968, an invasion by fellow Warsaw Pact troops ended the efforts of the country's leaders to liberalize communist rule and create "socialism with a human face," ushering in a period of repression known as "normalization." The peaceful "Velvet Revolution" swept the Communist Party from power at the end of 1989 and inaugurated a return to democratic rule and a market economy. On 1 January 1993, the country underwent a nonviolent "velvet divorce" into its two national components, the Czech Republic and Slovakia. The Czech Republic joined NATO in 1999 and the European Union in 2004. The country formally added the short-form name Czechia in 2016, while also continuing to use the full form name, the Czech Republic.
Area: 78,867 km2
Climate: temperate; cool summers; cold, cloudy, humid winters
Natural resources: hard coal, soft coal, kaolin, clay, graphite, timber, arable land
Groups: Czech 57.3%, Moravian 3.4%, other 7.7%, unspecified 31.6% (2021 est.)note: includes only persons with one ethnicity
Languages: Czech (official) 88.4%, Slovak 1.5%, other 2.6%, unspecified 7.2% (2021 est.)major-language sample(s): World Factbook, nepostradatelný zdroj základních informací. (Czech)The World Factbook, the indispensable source for basic information.note: includes only persons with one mother tongue
Religions: Roman Catholic 7%, other believers belonging to a church or religious society 6% (includes Evangelical United Brethren Church and Czechoslovak Hussite Church), believers unaffiliated with a religious society 9.1%, none 47.8%, unspecified 30.1% (2021 est.)
Capital: Prague
Government type: parliamentary republic
Chief of state: President Petr PAVEL (since 9 March 2023)
Head of government: Prime Minister Petr FIALA (since 17 December 2021)cabinet: Cabinet appointed by the president on the recommendation of the prime ministerelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a 5-year term (limited to 2 consecutive terms); prime minister appointed by the president for a 4-year termmost recent election date: 13-14 January 2023, with a second round on 27-28 January 2023election results: 2023: Petr PAVEL elected in the second round; percent of vote in the first round - Petr PAVEL (independent) 35.4%, Andrej BABIS (ANO) 35%, Danuse NERUDOVA (Mayors and Independents) 13.9%, Pavel FISCHER (independent) 6.8%; percent of vote in the second round - Petr PAVEL 58.3%, Andrej BABIS 41.6%2018: Milos ZEMAN reelected president in the second round; percent of vote - Milos ZEMAN (SPO) 51.4%, Jiri DRAHOS (independent) 48.6%expected date of next election: by January 2028
Description: legislature name: Parliament (Parlament)legislative structure: bicameral
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"