IMD World Competitiveness Booklet 2022

Czech Republic Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Prague

79 2021

21.678 2021

Exchange Rate (per $)

26

29

10.50 2021 35 282.5 2021 41 44,680 2021 31 3.3 2021 52 3.84 2021 42 2.83 2021 05 5.38 2021 35 -0.81 2021 38 188.8 2020 33 2.62 2020 22

33

33

34

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

• Geopolitical situation and its impact on energy supplies. • Coping with the highest interest rates in the EU. • Socioeconomic impact of inflation exceeding 10%. • Reception of hundreds of thousands of refugees from Ukraine. • Avoiding return of COVID-19 and lockdowns.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Consumer Forum (Spot ř ebitelské fórum)

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

13

18 19

19

24

24 27

26 26

26 29 28

29

30

32

32

33

34 33

42

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (36 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

18

18

19

18

19

20

22

22

21

21

66 Competitiveness Country Profiles

Made with FlippingBook - Online magazine maker