OECD ECONOMIC SURVEY OF CZECHIA
Ensuring robust and resilient growth
Prague
4 March 2025
oe.cd/Czechia
Growth picked up in 2024 after a relatively slow recovery from recent crises
Growth is set to gather momentum
Source: OECD Economic Outlook database.
Sustaining macroeconomic stability and growth
Fiscal consolidation should continue
Pension reforms should be implemented to contribute to debt sustainability
Encouraging municipal cooperation can improve the efficiency and quality of public service provision
Average number of inhabitants per municipality Thousand, 2022
Boosting innovation and business dynamism
Productivity convergence needs to be reinvigorated
Productivity gap to the OECD average %
Note: Productivity is calculated as GDP (USD, constant prices, 2015 PPPs) per hour worked.
Source: OECD calculation based on OECD Productivity database.
Czechia
Targeted support for research and development can boost innovation, especially for small firms
Direct government funding and government tax support for business enterprise research and development (BERD) % of GDP, 2021 or latest available year
Direct funding of BERD Tax support for BERD Subnational tax support for BERD
Note: BERD stands for Business enterprise research and development.
Source: OECD R&D Tax Incentives database.
Further developing capital markets can help overcome financing constraints
Venture capital investments
Venture capital investments, % of GDP, 2023 or latest available year
Source: OECD Entrepreneurship Financing Database.
Facilitating the entry and scaling up of
can boost technology diffusion
Birth rate of all enterprises
Total economy, %
Improving education and skills
Education outcomes remain strong
Disparities in educational outcomes need to be tackled
Expanding access to early childhood education can boost educational outcomes for vulnerable children
Enrolment rate in early childhood education
From 0 to 2 years, %, 2022
Expanding work-based learning would help align skills with labour market needs
Source: Eurostat.
Transitioning to net-zero
Policy action is needed to continue the significant decline in emissions intensity of the economy
CO2 emissions intensity
CO2 emissions per unit of GDP (Kg of CO2 per USD 2015 PPP)
Note: PPP stands for purchasing power parity.
Source: OECD Environment Statistics database; International Energy Agency database.
Share of coal 2023, %
Source: International Energy Agency (2024), IEA World
and Balances (database).
Active labour market policies can help workers transition to greener jobs
Share of employment in high-polluting jobs across countries %, 2019
Note : High-polluting jobs are identified at the occupation level, based on industry emissions and the distribution of occupations by industry. OECD Europe is an unweighted average of countries shown.
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Disclaimers:
The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.