30th October 2015

Economic Policy: Eurostat: Czech Republic below EU average in resource productivity

Eurostat, the Statistical Office of the European Union, published data on resource productivity across the EU covering the period between 2002 and 2014. Resource productivity quantifies the relation between economic activity (GDP) and the consumption of natural resources and sheds light on how efficiently natural resources are used. The level of resource productivity varies widely between the EU Member States, depending on countries' natural endowments, the diversity of their industrial activities, the role played by the services sector and by construction activities, the scale and patterns of consumption and the different energy sources. Compared with 2002, the Czech Republic has seen its resource productivity in 2014 rise (by 45.1%), but the result was driven by a fall in domestic material/resource consumption and with productivity 1€/kg, the country ended up below the EU average (1.95€/kg). The data are available here.

Members of the American Chamber of Commerce in the Czech Republic