IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL CZECH REPUBLIC

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Prague

2016 2017 2018 2019 2020

79 2019

22.932 2019 10.69 2019 246.6 2019 38,618 2019 2.4 2019 2.86 2019 2.00 2019 5.42 2019 -0.34 2019 155.0 2018 3.78 2019

Exchange Rate (per $)

27

28

29

33

33

36

Population - market size (millions)

CHALLENGES IN 2020 Maintaining high level of economic freedom in the Covid-19 environment. • Maintaining high level of economic freedom in the Covid-19 environment. • Development of global economy and German economy in particular. • Economic and legal repercussions of measures adopted in connection with COVID19. • Introduction of new technology as a solution to economic transformation. • Sound management of natural resources including water.

42

Gross Domestic Product (GDP) (US$ billions)

31

GDP (PPP) per capita (US$)

22

Real GDP growth (%)

46

Consumer price inflation (%)

3

Unemployment rate (%)

36

Labor force (millions)

37

Current account balance (% of GDP)

32

Direct investment stocks inward ($bn)

Consumer Forum (Spotřebitelské fórum) Provided by: Consumer Forum (Spotřebitelské fórum)

13

Direct investment flows inward (% of GDP)

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

4

23

24

25

27

28

28

29

31

31

33

33

33

38

41 44

42

48

48

48

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

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

18

18

18

19

17

17

18

20

22

21

66

IMD WORLD COMPETITIVENESS BOOKLET 2020