CCC COUNCIL ON CZECH COMPETITIVENESS
RADA PRO ČESKOU KONKURENCESCHOPNOST

GDP

Monday, 28 September 2009 22:02
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General Indicators Netherlands Austria Czech Republic Hungary Slovakia Poland Bulgaria
Total Sum 22,28 22,35 15,45 16,04 15,71 14,29 18,26
Total Score 1,31 1,31 0,91 0,94 0,92 0,84 1,07
General Indicators Netherlands Austria Czech Republic Hungary Slovakia Poland Bulgaria
National % EU avg.* National % EU avg.* National % EU avg.* National % EU avg.* National % EU avg.* National % EU avg.* National % EU avg.*
GDP
Household consumption per capita, USD, 2007 21 996 1,02 24 327 1,13 8 062 0,37 8 918 0,41 7 778 0,36 6 621 0,31 3 560 0,17
Employee Comp to Government Consumption per capita, USD, 2007 1,97 0,82 2,71 1,13 2,13 0,89 1,97 0,82 2,07 0,87 2,10 0,88 2,07 0,87
GDP, Ratio Household: Government 1,85 0,66 3,06 1,09 2,37 0,84 6,75 2,40 3,18 1,13 3,51 1,25 4,12 1,47
GDP per capita, USD 37 743 1,28 37 115 1,26 23 464 0,80 18 509 0,63 19 544 0,66 15 806 0,54 11 007 0,37
Government Subsidies as % GDP, 2006 0,35 2,31 0,90 0,90 0,66 1,23 1,57 0,52 0,51 1,59 0,85 0,95 0,21 3,86
GDP to Employee Compensation per capita, USD, 2007 1,61 1,00 1,73 1,07 3,24 2,01 2,94 1,82 3,85 2,39 3,99 2,48 6,15 3,82
Sum 7,09 6,58 6,14 6,60 7,00 6,41 10,56
Score 1,18 1,09 1,02 1,10 1,17 1,07 1,76

* The percent of EU average is the index of the country's score against the average score for all EU countries.

Source: Statistics Austria, Netherlands, Central Statistical Office of Poland, Hungarian Central Statistical Office, Bulgarian Statistical Office, European Central Banks, Czech Statistical Office, national sources, Eurostat, OECD.

Last Updated ( Friday, 02 October 2009 14:28 )  

General Indicators

Indicators

Policy Learning Points

  • The country is doing as well as expected: gaining on Western Europe and highly competitive in Central Europe.
  • Savings rates are good, and should be maintained.
  • The country remains highly productive versus the EU average.
  • Energy use- especially inefficient use- cuts the benefit of GDP growth, and makes the country highly susceptible to climate change policy.

Assessment

We constructed a simple model for determining country performance in every indicator and each area.
 
 Exceeding +.15 meant that the indicator or area was a competitive advantage for the country. These areas are shaded in green.
 
 Performing at +/-.15 of the European average (1.0) meant the country was competitive. These indicators or areas are shaded in blue.
 
 Falling below -.15 of the European average indicated a competitive disadvantage. These areas or indicators are marked in red.