Productivity in Czech Republic decreased to 108.10 points in the second quarter of 2021 from 109.50 points in the first quarter of 2021. source: EUROSTAT

Productivity in Czech Republic averaged 86.33 points from 1996 until 2021, reaching an all time high of 111.50 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 September 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. 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
108.10 109.50 111.50 60.80 1996 - 2021 points Quarterly
2015=100, SA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 9.69 0.09 percent [+]
Unemployed Persons 267889.00 272178.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.70 4.50 0.50 percent [+]
Youth Unemployment Rate 8.00 7.10 22.60 4.50 percent [+]
Labour Costs 130.82 131.97 132.25 56.23 points [+]
Job Vacancies 363114.00 358152.00 363114.00 30803.00 [+]
Wages 38275.00 35285.00 38584.00 6001.00 CZK/Month [+]
Wages in Manufacturing 36554.00 33833.00 36563.00 11827.00 CZK/Month [+]
Minimum Wages 596.36 579.22 596.36 92.35 EUR/Month [+]
Population 10.70 10.68 10.70 9.59 Million [+]
Retirement Age Women 63.83 63.67 63.83 58.00 [+]
Retirement Age Men 63.83 63.67 63.83 61.00 [+]
Part Time Employment 288.60 277.10 332.80 190.80 Thousand [+]
Labor Force Participation Rate 59.80 59.90 61.00 58.10 percent [+]
Wage Growth 8.20 1.00 8.20 -3.10 percent [+]
Productivity 108.10 109.50 111.50 60.80 points [+]
Employed Persons 5171.25 5195.00 5326.33 4675.90 Thousand [+]
Employment Change 0.30 -0.50 1.20 -1.50 percent [+]
Employment Rate 74.10 74.30 75.40 63.70 percent [+]
Full Time Employment 4735.20 4746.20 4848.70 4306.10 Thousand [+]


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