The total population in the Czech Republic was forecast to continuously decrease between 2024 and 2029 by in total 0.2 million people (-1.83 percent). According to this forecast in 2029, the total population will have decreased for the fifth consecutive year to 10.77 million people.The Czech Republic is a unitary parliamentary republic and developed country with an advanced, high-income social market economy. It is a welfare state with a European social model, universal health care and free-tuition university education.Population of Czechia (2024 and historical)
| Year | Population | Median Age |
|---|---|---|
| 2024 | 10,503,734 | 43.4 |
| 2023 | 10,495,295 | 43.2 |
| 2022 | 10,493,986 | 42.9 |
| 2020 | 10,530,953 | 42.2 |
What is the population of Czechia in 2024 : The current population of Czechia in 2024 is 10,503,734, a 0.08% increase from 2023. The population of Czechia in 2023 was 10,495,295, a 0.01% increase from 2022. The population of Czechia in 2022 was 10,493,986, a 0.16% decline from 2021. The population of Czechia in 2021 was 10,510,751, a 0.19% decline from 2020.
Is Czech economy growing
Summary of the Forecast. Last year, the Czech economy teetered on the edge of recession. Gross domestic product fell by 0.3% in 2023, but is forecast to grow by 1.4% this year and 2.6% next year.
Is the Czech economy strong : The Czech labour market remains strong. The unemployment rate is low, and the employment rate and job security are high. However, severe labour and skills shortages are a major obstacle to growth. Bringing more mothers to work and increasing labour participation of older workers can help in this regard.
Using GDP per capita at purchasing power parity (PPP), Bloomberg calculated that Czechia is close to catching up with the likes of Italy and Spain, whose GDP per capita at PPP is USD 56,905 (CZK 1.3 million) and USD 52,012 respectively. Czechia's current rate is USD 50,475.
Life expectancy at birth in the Czechia is just above 79 years, two years below the OECD average of 81 years.
Is Czech Republic a 3rd world country
The Czech Republic today is a parliamentary democracy. The Czech Republic is considered an advanced economy with high living standards. The country compares favorably to the rest of the world for inequality-adjusted human development, according to the United Nations.Koruna has significantly weakened
The main reason is market expectations of a very fast pace of rate cuts this year. Sentiment on the markets, influenced by the weak development of the Czech economy, was also acting in the direction of a weaker koruna.The Czech Republic is considered an advanced economy with high living standards. The country compares favorably to the rest of the world for inequality-adjusted human development, according to the United Nations.
Eurostat partly credits Prague's high ranking to the wealth created and assets owned by multinational corporations based in the Czech capital as well as the high number of commuters who travel to work in the city. The capital region ranked considerably higher than other regions of the Czech Republic.
Is the Czech Republic a rich or poor country : The Czech Republic ranks as the 19th poorest country in Europe. Despite its industrialized economy, income disparities and regional differences persist. The Czech Republic has a GNI per capita of $21,930 and a GDP per capita of $22,762.20. The total GDP of the Czech Republic is 244 billion.
Is Czech good to live in : The Czech Republic is a safe country
There is a low crime level in the Czech Republic. Global Peace Index, developed by sociologists and economists participating in the international group of experts around the globe, placed the Czech Republic among the 15 the most peaceful countries.
Is the Czech Republic rich or poor
Czech Republic is not a wealthy country, but it has a fairly stable economy. The average wage in the country is about 1870 euros per month. Graduates of Czech universities, young professionals have a good chance of employment with decent pay. It is a safe country.
The Czech Republic is a safe country
There is a low crime level in the Czech Republic. Global Peace Index, developed by sociologists and economists participating in the international group of experts around the globe, placed the Czech Republic among the 15 the most peaceful countries.A more stable economy compared to 2023 and a high foreign trade surplus should boost the Czech crown to under EUR 1: CZK 24, analysts say. A recent report from news agency Reuters has revealed that the Czech crown will be the only currency in Central Europe to strengthen in the next 12 months.
Is Czech in debt : Public debt in the Czech Republic averaged 38.3% of GDP in the decade to 2022, above the average for Eastern Europe of 32.5% of GDP.