Country profile
Czechia
One of Europe's most industrial economies, exporting vehicles, electrical equipment and machinery, mostly to Germany.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Prague
- Population
- 10.8 million (2026)
- Currency
- Czech koruna (CZK)
- GDP, 2026
- US$428 billion
- Exports, 2025
- US$284.1 billion
- Exchange rate
- 1 USD = 21.9 CZK (11 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
1.8%Real GDP growth, 2026
1.9%Real GDP growth, 2027
2.1%Inflation, 2026
3%Unemployment, 2026
45.8% of GDPGovernment debt, 2026
-1.9% of GDPCurrent account, 2026
Compare Czechia with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- Germany (32.2%)
- Slovakia (7.5%)
- Poland (7.4%)
- France (4.7%)
- United Kingdom (4.2%)
Main exports
Product groups, share of exports
- Vehicles and parts (21.2%)
- Electrical machinery and equipment (19.2%)
- Machinery, including computers (17.9%)
- Plastics (3.1%)
- Articles of iron or steel (2.9%)
Main trade agreements
- EU single market
- EU agreements including CETA (Canada), EU–Japan, EU–Korea, EU–Mexico and EU–Vietnam
- EU–UK Trade and Cooperation Agreement
Trade policy to watch
- EU Carbon Border Adjustment Mechanism (CBAM): in its definitive phase since 1 January 2026 for imports into the EU of iron and steel, aluminium, cement, fertilisers, electricity and hydrogen.
- EU trade policy: no tariffs inside the EU; trade with non-EU countries is set at EU level.
- Currency: Czechia is in the EU but uses the koruna, not the euro.
Energy
Nuclear power (Dukovany and Temelín) produces about 40% of Czechia's electricity, and coal is declining. New nuclear units are planned. Gas and oil are imported.
What it means for your supply chain
- Czechia is a deep source of automotive parts, electrical components and machinery for German and European OEMs.
- With a third of exports going to Germany, Czech suppliers follow the German industrial cycle.
- Importers of steel, aluminium and other CBAM goods into Czechia need emissions data from their non-EU suppliers.
Czechia in the Supplier Hub
4 companies in the Supplier Hub are listed under Czechia.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- World’s Top Exports: export markets (2024 data) and main exports.
- European Central Bank, euro foreign exchange reference rates (cross rate via USD; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
- European Commission, Carbon Border Adjustment Mechanism.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.