Imports
$133.2 billion (2011 est.)Exports
$138.5 billion (2011 est.)Inflation rate (consumer prices)
1.9% (2011 est.)Unemployment rate
8.5% (2011 est.)GDP - per capita (PPP)
$27,400 (2011 est.)National product real growth rate
2.3% (2010 est.)Internet users
6.681 million (2009)Telephones - mobile cellular
14.331 million (2009)Population growth rate
-0.134% (2012 est.)Population
10,177,300 (July 2012 est.)About this country
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Historical background
At the close of World War I, the Czechs and Slovaks of the former Austro-Hungarian Empire merged to form Czechoslovakia.
During the interwar years, having rejected a federal system, the new country's leaders were frequently preoccupied with meeting the demands of other ethnic minorities within the republic, most notably the Sudeten Germans and the Ruthenians (Ukrainians).
On the eve of World War II, the Czech part of the country was forcibly annexed to the Third Reich, and the Slovaks declared independence as an ally of Nazi Germany.
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Economic overview
The Czech Republic is a stable and prosperous market economy, which harmonized its laws and regulations with those of the EU prior to its EU accession in 2004.
While the conservative, inward looking Czech financial system has remained relative healthy, the small, open, export-driven Czech economy remains very sensitive to changes in the economic performance of its main export markets, especially Germany.
When Western Europe and Germany fell into recession in late 2008, demand for Czech goods plunged, leading to double digit drops in industrial production and exports.
...OECD
This Inventory is concerned with direct budgetary transfers and tax expenditures that relate to fossil fuels, regardless of their impact or of the purpose for which the measures were first put in place. ...
PRS Group
Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...
Dun and Bradstreet (Altares)
Report Summary Providing critical information and analysis on the trade environment, D&B Country Reports offer in-depth analysis for evaluating risks and opportunities when trading overseas. This detailed ...
MarketLine
Introduction During 2002-07, the Czech economy grew at an average of around 5%. The global economic slowdown brought the country's GDP growth down to 3.1% in 2008, before the Czech economy contracted by ...
The Economist Intelligence Unit
OVERVIEW The Czech Republic is governed by a two-party centre-right coalition with support from a new faction, LIDEM. Tensions persist within the government, as its parliamentary majority has been significantly ...
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