Competitiveness / Macroeconomic Indicators, Economic Growth

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

14th October 2019 / Competitiveness / Macroeconomic Indicators, Economic Growth


World Economic Forum Competitiveness Report 2019: Czechia slipped down three places

Czechia ranked 32nd (down three places year-on-year) in the 2019 edition of the Global Competitiveness Report issued by the World Economic Forum.
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17th June 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


Total stimulus for the COVID-19 crisis already triple that for the entire 2008–09 recession

Governments allocated $10 trillion for economic stimulus in just two months—and for some countries, their response as a percentage of GDP was nearly ten times what it was in the financial crisis of 2008–09.  
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1st June 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


2020 European Semester: European Commission Recommendations for Czechia

According to the European Commission, the current crisis has shown the need for crisis preparedness plans in the health sector, which include in particular improved purchasing strategies, diversified supply chains and strategic reserves of essential supplies. They are key elements for developing broader crisis preparedness plans.  
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6th May 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


The economy is bottoming, while the CNB will cut rates

In May, the macroeconomic data will unveil the economy in a free fall and bottoming in April. The economy will probably start to expand again; however, the level of output is very low and there are many obstacles for future growth. Therefore, the CNB will probably cut interest rates further, Komerční banka says.
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Members of the American Chamber of Commerce in the Czech Republic