The 2004 CIA World Factbook. United States. Central Intelligence Agency
and mortgages increases. High current account
deficits - averaging around 5% of GDP in the last several years -
could be a persistent problem. Inflation is under control. The EU
put the Czech Republic just behind Poland and Hungary in
preparations for accession, which will give further impetus and
direction to structural reform. Moves to complete banking,
telecommunications, and energy privatization will encourage
additional foreign investment, while intensified restructuring among
large enterprises and banks, and improvements in the financial
sector, should strengthen output growth. Nonetheless, revival in the
European economies remains essential to stepped-up growth.
GDP:
purchasing power parity - $161.1 billion (2003 est.)
GDP - real growth rate:
2.9% (2003 est.)
GDP - per capita:
purchasing power parity - $15,700 (2003 est.)
GDP - composition by sector: agriculture: 3.1% industry: 35.5% services: 61.4% (2003)
Investment (gross fixed):
26% of GDP (2003)
Population below poverty line:
NA
Household income or consumption by percentage share: lowest 10%: 4.3% highest 10%: 22.4% (1996)
Distribution of family income - Gini index:
25.4 (1996)
Inflation rate (consumer prices):
0.1% (2003 est.)
Labor force:
5.25 million (2003 est.)
Labor force - by occupation:
agriculture 5%, industry 35%, services 60% (2001 est.)
Unemployment rate:
9.9% (2003)
Budget:
revenues: $33.25 billion
expenditures: $38.88 billion, including capital expenditures of NA
(2003 est.)
Public debt:
29.7% of GDP (2003)
Agriculture - products:
wheat, potatoes, sugar beets, hops, fruit; pigs, poultry
Industries:
metallurgy, machinery and equipment, motor vehicles, glass,
armaments
Industrial production growth rate:
3.3% (2003)
Electricity - production:
70.04 billion kWh (2001)
Electricity - consumption:
55.6 billion kWh (2001)
Electricity - exports:
18.92 billion kWh (2001)
Electricity - imports:
9.38 billion kWh (2001)
Oil - production:
7,419 bbl/day (2001 est.)
Oil - consumption:
175,700 bbl/day (2001 est.)
Oil - exports:
26,670 bbl/day (2001)
Oil - imports:
192,300 bbl/day (2001)
Oil - proved reserves:
17.25 million bbl (1 January 2002)
Natural gas - production:
160 million cu m (2001 est.)
Natural gas - consumption:
9.892 billion cu m (2001 est.)
Natural gas - exports:
1 million cu m (2001 est.)
Natural gas - imports:
9.521 billion cu m (2001 est.)
Natural gas - proved reserves:
3.057 billion cu m (1 January 2002)
Current account balance:
$-5.57 billion (2003)
Exports:
$46.77 billion f.o.b. (2003 est.)
Exports - commodities:
machinery and transport equipment 44%, intermediate manufactures
25%, chemicals 7%, raw materials and fuel 7% (2000)
Exports - partners:
Germany 37.1%, Slovakia 8%, Austria 6.3%, UK 5.4%, Poland 4.8%,
France 4.7%, Italy 4.5%, Netherlands 4.1% (2003)
Imports:
$50.4 billion f.o.b. (2003 est.)
Imports - commodities:
machinery and transport equipment 40%, intermediate manufactures
21%, raw materials and fuels 13%, chemicals 11% (2000)
Imports - partners:
Germany 32.6%, Italy 5.3%, China 5.2%, Slovakia 5.2%, France 4.9%,
Russia 4.6%, Austria 4.3%, Poland 4.2% (2003)
Reserves of foreign exchange & gold:
$26.8 billion (2003)
Debt - external:
$28 billion (2003)
Economic aid - recipient:
$108 million; EU structural adjustment funds (2002)
Currency:
Czech koruna (CZK)
Currency code:
CZK
Exchange rates:
koruny per US dollar - 28.209 (2003), 32.7385 (2002), 38.0353
(2001), 38.5984 (2000), 34.5692 (1999)
Fiscal year:
calendar year
Communications Czech Republic
Telephones - main lines in use:
3.626 million (2003)
Telephones - mobile cellular:
9,708,700 (2003)
Telephone system:
general assessment: privatization and modernization of the Czech
telecommunication system got a late start but is advancing steadily;
growth in the use of mobile cellular telephones is particularly
vigorous
domestic: 86% of exchanges now digital; existing copper subscriber
systems now being enhanced with Asymmetric Digital Subscriber Line
(ADSL) equipment to accommodate Internet and other digital signals;
trunk systems include fiber-optic cable and microwave radio relay
international: country code - 420; satellite earth stations - 2
Intersputnik (Atlantic and Indian Ocean regions), 1 Intelsat, 1
Eutelsat, 1 Inmarsat, 1 Globalstar
Radio broadcast stations:
AM 31, FM 304, shortwave 17 (2000)
Radios:
3,159,134