22nd June 2015

Czech Statistical Office: Optimism, relaxed budgets behind high investment dynamics in 2014

In 2014, investment in the Czech Republic grew by 4.5% in real terms, compared with 1.0% growth in the Eurozone and 2.3% in the EU. For the first time since 2010, the Czech investment growth dynamics exceeded the dynamics in the United States of America. The investment rate for the Czech Republic in 2014 (25.3%) was much higher than the EU's rate of 19.3%.

In terms of investment volume, the greatest increase in investment was seen in the sectors of building and construction (+6.9%), technology (ICT, machinery, equipment +6.8%) and IPR products, including research and development and software purchase (+3.3%).

The main reasons behind the Czech 2014 investment growth were optimistic expectations and less tight budgets of businesses. Investment by non-financial and financial businesses increased by 5.7% and 8.7%, respectively. Volume of investment by government institutions rose by 17.6% (compared with 35.2% fall in 2010-2013).

Investment by households and non-governmenal organisations fell by 1.9% in 2014.

Click here to read more and view investment development in the Czech Republic in 1993-2014.

Source: June 2015 issue of the Czech Statistical Office journal Statistika a my

Members of the American Chamber of Commerce in the Czech Republic