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Czech Republic Business Report

General information
Source: The World Factbook - Central Intelligence Agency
10,674,723 (July 2017 est.)
$375.7 billion (2017 est.)

GDP growth rate
4.3% (2017 est.)

Very healthy and quite stable growth rate

GDP (PPP) per capita
$35,500 (2017 est.)

Medium to high

Local currency
Koruny (CZK)

Quite stable currency

Financial stability (Public debt)
34.7% of GDP (2017 est.)

Medium but decreasing

2.4% (2017 est.)

Medium and accelerating


Corruption perception index (Source: Transparency International)

Medium to high level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018

21% standard rate Reduced rates of 15% and 10% apply to certain goods (groceries, medicines, etc)
Corporate Tax

19% standard rate

EU rules apply

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If you are interested in doing business in Czech Republic, or in finding German manufacturing companies, we can help you. Thousands of companies in Czechia and Czech SMEs use Globartis for their operations. Join our network today and find the right partner for your Czech business. Connect with a Czech manufacturer or Czech importer, or source among Czech Republic export to find the right product.

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