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.
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WEF Global Competitiveness Index: Czech Republic remains 31st most competitive economy, should improve skills of future workforce
The Czech Republic ranks 31st in the Global Competitiveness Report 2016–2017 ranking, the same result as in the 2015-2016 ranking (although the country's scores were 4.72 and 4.69 in 2016 and 2015, respectively). The report assesses the competitiveness landscape of 138 economies, providing insight into the drivers of their productivity and prosperity.
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IMF: Germany needs reforms
Germany, a champion of structural reform prescriptions within the European Union, needs a large dose of the same medicine at home, too. Beyond public investment in transport and telecommunications, and more competition in services, dealing with an aging population needs urgent attention. With the right policies, Germany can bring more people into the workforce—and for longer—to counter the demographic trend, argues a recent study accompanying the regular health check of the German economy by the International Monetary Fund.
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Eurostat: Czech GDP per capita 15th highest in EU28 | Share of shadow economy in Czech Rep higher than 11% of GDP
Czech GDP per capita is at 85% of the EU28 level, the 15th highest in the EU28, recent Eurostat data show. The share of shadow economy in the Czech Republic amounts to more than 11.25% of GDP, a study published by EY and Master Card showed.
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