Economy of the Czech Republic: Difference between revisions

As of 2018, the Czech [[GDP per capita]] at [[purchasing power parity]] is $37,370<ref>{{cite web |url=https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?pr.x=30&pr.y=7&sy=2018&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&c=935%2C961%2C436%2C136&s=PPPPC&grp=0&a= |title=World Economic Outlook Database, April 2019 |publisher=[[International Monetary Fund]] |website=IMF.org |access-date=4 June 2019}}</ref> and $22,850 at [[Real versus nominal value (economics)|nominal value]].<ref name="IMFWEOCZ"/> As of April 2019, the [[unemployment]] rate in the Czech Republic was the lowest in the EU at 2.1%,<ref name="eurostat unemployment"/> and the poverty rate is the second lowest of OECD members only behind [[Denmark]].<ref name="FT 19 October 2016"/> Czech Republic ranks 24th in both the [[Index of Economic Freedom]] (ranked behind [[Norway]])<ref>[https://www.heritage.org/index/ranking 2018 Index of Economic Freedom Country Rankings]</ref> and the [[Global Innovation Index]] (ranked behind [[Australia]]),<ref>https://www.globalinnovationindex.org/gii-2016-report#{{dead link|date=December 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> 29th in the [[Global Competitiveness Report]],<ref name="GCR 2018/19"/> 30th in the [[ease of doing business index]] and 25th in the [[Global Enabling Trade Report]] (ranked behind [[Canada]]).<ref>{{Cite web | url=http://reports.weforum.org/global-enabling-trade-report-2016/enabling-trade-rankings/ | title=Enabling Trade rankings}}</ref> The largest trading partner for both export and import is [[Germany]] and other [[Member state of the European Union|members of the EU]] in general. The Czech Republic has a highly diverse economy that ranks 10th in the 2016 [[Economic Complexity Index]].<ref name="Atlas of Economic Complexity">[https://atlas.media.mit.edu/en/rankings/country/eci/ Economic Complexity Rankings (ECI)]. [[The Atlas of Economic Complexity]]. Access date 3 October 2017.</ref> According to the IMF, Czech Republic ranked 44th by national nominal GDP with US$million 242,052 and 45th by national nominal GDP PPP with US$million 395,868 in 2018.<ref>https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weoselgr.aspx</ref>According to the IMF, Czech Republic ranked 44th by national nominal GDP (behind Egypt) and 45th by national nominal GDP PPP (behind Peru) in 2018.<ref>https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weoselgr.aspx</ref> According to Credit Suisse A.G., the Czech Republic was 42nd (behind Thailand) by national net wealth and 40th by net wealth per adult (behind Croatia) in 2018.<ref>http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=14CB9EFE-CA2D-9BF7-77A24A6D4E5F4CAD{{Dead link|date=June 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> According to Allianz A.G., in 2018 the country was an MWC (mean wealth country), rankingwiths 26thnet financial assets per capita similar to thoseinnetcountries finacialsuch assetsas Estonia, Slovakia, Hungary, and Romania.<ref>https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/migration/media/economic_research/publications/specials/en/Allianz_Global_Wealth_Report_2018_e.pdf</ref>