Attribute | Value |
---|---|
Geography | |
Area | 78,867 km² |
Continent | Europe |
Land area | 77,247 km² |
Water area | 1,620 km² |
Land boundaries | 2,143 km |
Border countries |
|
Coastline | 0 km |
Mean elevation | 433 m |
Lowest point | 115 m |
Highest point | 1,602 m |
People | |
Population | 10,702,498 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Czech Republic |
Short country name | Czechia |
Long local name | Ceska republika |
Short local name | Cesko |
Former name | Add |
Government type | Parliamentary republic |
Capital | Prague |
Economy | |
GDP (PPP) | 375,900,000,000 USD |
GDP (OER) | 215,800,000,000 USD |
GDP (real growth rate) | 4.3 % |
GDP - per capita (PPP) | 35,500 USD |
Gross national saving | 26.9 % of GDP |
Labor force | 5,427,000 |
Unemployment rate | 2.9 % |
Population below poverty line | 9.7 % |
Budget revenues | 87,370,000,000 USD |
Budget expenditures | 83,920,000,000 USD |
Military expenditures | 1.19 % of GDP |
Taxes and other revenues | 40.5 % of GDP |
Budget surplus or deficit | 1.6 % of GDP |
Public debt | 34.7 % of GDP |
Inflation rate | 2.4 % |
Central bank discount rate | 0.05 % |
Commercial bank prime lending rate | 3.59 % |
Stock of narrow money | 177,200,000,000 USD |
Stock of broad money | 177,200,000,000 USD |
Stock of domestic credit | 147,100,000,000 USD |
Market value of publicly traded shares | 58,830,000,000 USD |
Current account balance | 2,317,000,000 USD |
Exports | 144,800,000,000 USD |
Imports | 134,700,000,000 USD |
Reserves of foreign exchange and gold | 148,000,000,000 USD |
External debt | 205,200,000,000 USD |
National currency | koruny |
National currency (code) | CZK |
National currency (symbol) | Kč |
National currency rate to USD | 23.34 |
At the close of World War I, the Czechs and Slovaks of the former Austro-Hungarian Empire merged to form Czechoslovakia. During the interwar years, having rejected a federal system, the new country's predominantly Czech leaders were frequently preoccupied with meeting the increasingly strident demands of other ethnic minorities within the republic, most notably the Slovaks, the Sudeten Germans, and the Ruthenians (Ukrainians). On the eve of World War II, Nazi Germany occupied the territory that today comprises Czechia, and Slovakia became an independent state allied with Germany. After the war, a reunited but truncated Czechoslovakia (less Ruthenia) fell within the Soviet sphere of influence. In 1968, an invasion by Warsaw Pact troops ended the efforts of the country's leaders to liberalize communist rule and create "socialism with a human face," ushering in a period of repression known as "normalization." The peaceful "Velvet Revolution" swept the Communist Party from power at the end of 1989 and inaugurated a return to democratic rule and a market economy. On 1 January 1993, the country underwent a nonviolent "velvet divorce" into its two national components, the Czech Republic and Slovakia. The Czech Republic joined NATO in 1999 and the European Union in 2004. The country added the short-form name Czechia in 2016, while continuing to use the full form name, Czech Republic.