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Czech Republic

The Czech Republic is one of the most stable and prosperous of the post-Communist states of Central and Eastern Europe. Maintaining an open investment climate has been a key element of the Czech Republic's transition from a communist, centrally planned economy to a functioning market economy. As a member of the European Union, with an advantageous location in the center of Europe, a relatively low cost structure, and a well-qualified labor force, the Czech Republic is an attractive destination for foreign investment. Prior to its EU accession in 2004, the Czech government harmonized its laws and regulations with ...  More..

Economy of Czech Republic
SOURCE: CIA - The World Factbook
Currency Czech Koruna
GDP (PPP) $256.6 billion (2009 est.)
GDP (per capita) $25,100 (2009 est.)
Exports $106.4 billion (2009 est.)
Imports $99.97 billion (2009 est.)
Main Industries Motor Vehicles, Metallurgy, Machinery and Equipment, Glass, Armaments
Exports - Commodities Machinery and Transport Equipment 52%, Raw Materials and Fuel 9%, Chemicals 5%
Imports - Commodities Machinery and Transport Equipment 46%, Raw Materials and Fuels 15%, Chemicals 10%
Exports Partners Germany 28%, Taiwan 8.5%, Slovakia 8.4%, Poland 5.9%, France 4.9%, UK 4.4%, Austria 4.3%, Italy 4.3% (2008)
Imports Partners Germany 28.6%, Taiwan 6.8%, Slovakia 6.2%, Poland 6.1%, Russia 5.8%, Netherlands 5.3%, Austria 4.9%, China 4.6% (2008)

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