Czechia 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$251.11 billion
↓ 2.21% vs 2019GDP per Capita
$23,472.89
↓ 2.45% vs 2019GDP Growth (Annual %)
-5.30%
↓ 8.87pp vs 2019Inflation Rate (CPI %)
3.16%
↑ 0.31pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $256.79 billion | $251.11 billion | -2.21% |
| GDP per Capita | $24,062.72 | $23,472.89 | -2.45% |
| GDP Growth (Annual %) | 3.57% | -5.30% | -8.87pp |
| Inflation (CPI %) | 2.85% | 3.16% | +0.31pp |
| Unemployment Rate (%) | 2.02% | 2.55% | +0.54pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $251.11 billion
- GDP per Capita
- $23,472.89
- GDP Growth (Annual %)
- -5.30%
- Gross National Income
- $233.71 billion
Prices & Employment
- Inflation (CPI %)
- 3.16%
- Inflation (GDP Deflator %)
- 4.52%
- Unemployment Rate (%)
- 2.55%
- Interest Rate (Real %)
- -1.12%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 1.79%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Czechia's Gross Domestic Product (GDP) is $251.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Czechia for 2020 is $23,472.89. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Czechia for 2020 is 3.16%. This measures the annual percentage change in the cost of consumer goods and services.
Czechia's annual GDP growth rate for 2020 is -5.30%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Czechia for 2020 is 2.55%. This represents the percentage of the labor force that is unemployed and actively seeking employment.