Global Government Tenders

Most trusted source for Tendering Opportunities and Business Intelligence since 2002

Economy of Czech Republic and business opportunities

Economy of Czech Republic

The Czech Republic has the most developed industrialized economic system of the countries in Central and Eastern Europe. The country has quickly become the most stable and prosperous of the post-Communist states of Europe.

In 2014, the Czech GDP per capita at purchasing power parity was $29,925., and $19,563 at nominal value.

The principal industries are heavy and general machine-building, iron and steel production, metalworking, chemical production, electronics, transportation equipment, textiles, glass, brewing, china, ceramics, and pharmaceuticals. Its main agricultural products are sugar beets, fodder roots, potatoes, wheat, and hops.

In 2015, Czech Republic's economy grew by 4,2% and it's the fastest growing economy in the European Union. On 29 May 2015, it was announced that growth of the Czech economy has increased from calculated 3,9% to 4,2%.

In August 2015, Czech GDP growth was 4,4%, making the Czech economy the highest growing in Europe.

On 9 November 2015, unemployment in the Czech Republic was at 5.9%, the lowest number since February 2009.

Trade and Finance

Exports: $147.3 billion Export goods: machinery and transport equipment, raw materials, fuel, chemicals (2014)

Imports: $135.1 billion Import goods: machinery and transport equipment, raw materials and fuels, chemicals (2014)

Current Account balance: -$4,533,000 (2007)

Export partners:Germany 31.7%, Slovakia 9%, Poland 6%, France 5%, UK 4.9%, Austria 4.6% (2013)

Import partners: Germany 30.3%, Poland 8.1%, Slovakia 7.2%, China 5.8%, Netherlands 5.5%, Russia 5.1%, Austria 4.1% (2013)

Reserves: $59.15 billion (31 December 2014)

Foreign Direct Investment: $86.75 billion (2007)

Czech Investment Abroad: $6.058 billion (2007)

External debt: $116.1 billion (31 December 2014)

Value of Publicly Traded Shares: $48.6 billion (2006)

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Czech Republic"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Czech Republic from all over the world..

This section contains economy and business opportunities and from Czech Republic.
Czech Republic Economy Czech Economy, business opportunities in Czech Republic.
Summary:
Reconstruction Of The Water Supply And Wc At Fss - Ii. Phase
Country:
Czech Republic
Estimated Cost:
CZK 7750000
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Supply Of Demand Buttons For Public Transport Vehicles And Components For Controlling The Tram Driver'S Cabin -
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Brake Resistor For Car 1096 -
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Delivery Of Cable Ayy-O 1X500 Black -
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Repair Of The Sports Surface In The Gym Loucká 21_Znojmo -
Country:
Czech Republic
Estimated Cost:
CZK 338000
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Repair Of The Concrete Surface Of Dormitories 10 Úd Medlánky -
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
30 Apr 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Advanced Methods In Education At Primary School In Orlová - Primary School Mládí 726, Primary School Ke Studánce 1050, Primary School Dvořáčka 1230 - Connectivity
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Modernization Of Žst Jihlava City
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Biliary And Pancreatic Ercp Cannulation Wire
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
23 Apr 2024
 
 
 
Summary:
Zš Velká Nad Veličkou – Improving The Quality And Availability Of Education – Supply Of Equipment
Country:
Czech Republic
 
Notice Type:
Tender Notice
Deadline:
27 May 2024
Posting Date:
23 Apr 2024
 
 
 

Key Features

  • • 50000 + notices daily
  • • Daily Email alerts
  • • Personal dashboard
  • • Website Access
  • • Weekly Excel
  • • Market Reports
  • • Analytics
  • • Customer support

Quick Links