Productivity in Czech Republic increased to 107.40 points in the first quarter of 2020 from 105.90 points in the fourth quarter of 2019.

Productivity in Czech Republic averaged 85.25 points from 1996 until 2020, reaching an all time high of 107.40 points in the first quarter of 2020 and a record low of 60.80 points in the fourth quarter of 1997. This page provides - Czech Republic Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Productivity - values, historical data and charts - was last updated on August of 2020.

Productivity in Czech Republic is expected to be 112.76 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Czech Republic to stand at 112.72 in 12 months time. In the long-term, the Czech Republic Productivity is projected to trend around 112.72 points in 2021, according to our econometric models.

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Czech Republic Productivity

Actual Previous Highest Lowest Dates Unit Frequency
107.40 105.90 107.40 60.80 1996 - 2020 points Quarterly
2015=100, SA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 9.69 0.09 percent [+]
Unemployed Persons 278824.00 269637.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 8.20 7.90 21.80 4.90 percent [+]
Labour Costs 127.78 120.66 127.78 56.23 points [+]
Job Vacancies 334283.00 334904.00 351624.00 30803.00 [+]
Wages 34077.00 36144.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33123.00 35151.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 518.97 518.97 92.35 EUR/Month [+]
Population 10.68 10.63 10.68 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 60.30 60.50 61.00 58.10 percent [+]
Wage Growth 1.40 3.60 7.40 -3.10 percent [+]
Part Time Employment 313.40 319.50 332.80 190.80 Thousand [+]
Productivity 107.40 105.90 107.40 60.80 points [+]
Employed Persons 5212.59 5277.42 5326.33 4675.90 Thousand [+]
Employment Change 0.00 -0.30 1.60 -1.30 percent [+]
Employment Rate 74.80 75.30 75.40 63.70 percent [+]
Full Time Employment 4839.90 4833.90 4848.70 4306.10 Thousand [+]


Czech Republic Productivity
In the Czech Republic, productivity refers to real labour productivity per hour worked.