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Key macroeconomic indicators

The following table shows selected key macroeconomic indicators. For a complete overview of all the main macroeconomic indicators, please see table in xlsx format on the following page.

Indicator20162017201820192020202120222023
GDP increase/decrease, year-on-year (%, constant prices, 2020=100)2.65.22.83.6-5.34.02.8-0.1
Average annual inflation rate (%)0.72.52.12.83.23.815.110.7
Real wage increase/decrease, year-on-year (%) 1)3.74.25.95.01.41.9-9.4-2.4
General unemployment rate (%) 2)..2.22.02.52.72.22.6
Average CZK/EUR exchange rate27.0326.3325.6425.6726.4425.6524.5724.01
Current account of balance of payments to GDP (%)1.81.50.40.31.8-2.1-4.70.3
General government sector balance to GDP (%)0.71.50.90.3-5.6-5.0-3.1-3.8

1) full time equivalent, entire national economy
2) as of 2018 according to the new weighing
. = not available