cz Czechia 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$343.21 billion

↑ 13.71% vs 2022
GDP per Capita

$31,591.18

↑ 11.70% vs 2022
GDP Growth (Annual %)

-0.09%

↓ 2.93pp vs 2022
Inflation Rate (CPI %)

10.66%

↓ 4.44pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $301.83 billion $343.21 billion +13.71%
GDP per Capita $28,282.22 $31,591.18 +11.70%
GDP Growth (Annual %) 2.85% -0.09% -2.93pp
Inflation (CPI %) 15.10% 10.66% -4.44pp
Unemployment Rate (%) 2.22% 2.58% +0.36pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$343.21 billion
GDP per Capita
$31,591.18
GDP Growth (Annual %)
-0.09%
Gross National Income
$317.87 billion
Prices & Employment
Inflation (CPI %)
10.66%
Inflation (GDP Deflator %)
8.16%
Unemployment Rate (%)
2.58%
Interest Rate (Real %)
-3.21%
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)
0.30%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Czechia's Gross Domestic Product (GDP) is $343.21 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Czechia for 2023 is $31,591.18. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Czechia for 2023 is 10.66%. This measures the annual percentage change in the cost of consumer goods and services.

Czechia's annual GDP growth rate for 2023 is -0.09%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Czechia for 2023 is 2.58%. This represents the percentage of the labor force that is unemployed and actively seeking employment.