Productivity in Czech Republic increased to 110.90 points in the fourth quarter of 2020 from 101.40 points in the third quarter of 2020. source: EUROSTAT

Productivity in Czech Republic averaged 85.88 points from 1996 until 2020, reaching an all time high of 110.90 points in the fourth 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 March of 2021.

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 2022, according to our econometric models.

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Czech Republic Productivity

Actual Previous Highest Lowest Dates Unit Frequency
110.90 101.40 110.90 60.80 1996 - 2020 points Quarterly
2015=100, SA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.30 9.69 0.09 percent [+]
Unemployed Persons 311463.00 308859.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 10.80 10.30 21.80 4.80 percent [+]
Labour Costs 129.79 120.18 129.79 56.23 points [+]
Job Vacancies 330735.00 325425.00 351624.00 30803.00 [+]
Wages 35402.00 34271.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33643.00 32707.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 579.22 546.00 579.22 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 59.90 59.40 61.00 58.10 percent [+]
Wage Growth 1.70 -2.50 7.40 -3.10 percent [+]
Part Time Employment 288.00 286.30 332.80 190.80 Thousand [+]
Productivity 110.90 101.40 110.90 60.80 points [+]
Employed Persons 5217.23 5233.34 5326.33 4675.90 Thousand [+]
Employment Change 0.20 -1.70 1.20 -1.70 percent [+]
Employment Rate 74.40 74.10 75.40 63.70 percent [+]
Full Time Employment 4798.40 4778.10 4848.70 4306.10 Thousand [+]


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