Economy of the Czech Republic and Transport in the Czech Republic: Difference between pages

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<b>Economy - overview:</b>
<b>Railways:</b>
<br><i>total:</i>
Political and financial crises in 1997 shattered the Czech Republic's image as one of the most stable and prosperous of post-Communist states. Delays in enterprise restructuring and failure to develop a well-functioning capital market played major roles in Czech economic troubles, which culminated in a currency crisis in May. The currency was forced out of its fluctuation band as investors worried that the current account deficit, which reached nearly 8% of GDP in 1996, would become unsustainable. After expending $3 billion in vain to support the currency, the central bank let it float. The growing current account imbalance reflected a surge in domestic demand and poor export performance, as wage increases outpaced productivity. The government was forced to introduce two austerity packages later in the spring which cut government spending by 2.5% of GDP. Growth dropped to 0.3% in 1997, -2.3% in 1998, and -0.5% in 1999. The basic transition problem continues to be too much direct and indirect government influence on the privatized economy. The government established a restructuring agency in 1999 and launched a revitalization program - to spur the sale of firms to foreign companies. Key priorities include accelerating legislative convergence with EU norms, restructuring enterprises, and privatizing banks and utilities. The economy, fueled by increased export growth and investment, is expected to recover in 2000.
9,435 km
<p><b>GDP:</b>
<br><i>standard gauge:</i>
purchasing power parity - $120.8 billion (1999 est.)
9,341 km 1.435-m standard gauge (2,946 km electrified at three voltages; 1,868 km double track)
<p><b>GDP - real growth rate:</b>
<br><i>narrow gauge:</i>
-0.5% (1999 est.)
94 km 0.760-m narrow gauge (1998)
<p><b>GDP - per capita:</b>
<p><b>Highways:</b>
purchasing power parity - $11,700 (1999 est.)
<p><b>GDP - composition by sector:</b>
<br><i>total:</i>
127,693 km
<br><i>agriculture:</i>
<br><i>paved:</i>
5%
127,693 km (including 498 km of expressways)
<br><i>industry:</i>
<br><i>unpaved:</i>
42%
0 km (1998 est.)
<br><i>services:</i>
<p><b>Waterways:</b>
53% (1999 est.)
677 km; the Elbe (Labe) is the principal river
<p><b>Population below poverty line:</b>
<p><b>Pipelines:</b>
NA%
natural gas 53,000 km (1998)
<p><b>Household income or consumption by percentage share:</b>
<br><i>lowest 10%:</i>
<p><b>Ports and harbors:</b>
Decin, Prague, Usti nad Labem
4.6%
<br><i>highest 10%:</i>
<p><b>Airports:</b>
114 (1999 est.)
23.5% (1993)
<p><b>Inflation rate (consumer prices):</b>
<p><b>Airports - with paved runways:</b>
<br><i>total:</i>
2.5% (1999 est.)
43
<p><b>Labor force:</b>
<br><i>over 3,047 m:</i>
5.203 million (1999 est.)
2
<p><b>Labor force - by occupation:</b>
<br><i>2,438 to 3,047 m:</i>
industry 32%, agriculture 5.6%, construction 8.7%, transport and communications 6.9%, services 46.8% (1997 est.)
10
<p><b>Unemployment rate:</b>
<br><i>1,524 to 2,437 m:</i>
9% (1999 est.)
14
<p><b>Budget:</b>
<br><i>revenues:</i>
<br><i>914 to 1,523 m:</i>
1
$16.4 billion
<br><i>expenditures:</i>
<br><i>under 914 m:</i>
16 (1999 est.)
$17.3 billion, including capital expenditures of $NA (1999)
<p><b>Industries:</b>
<p><b>Airports - with unpaved runways:</b>
<br><i>total:</i>
fuels, ferrous metallurgy, machinery and equipment, coal, motor vehicles, glass, armaments
71
<p><b>Industrial production growth rate:</b>
<br><i>1,524 to 2,437 m:</i>
-4% (1999 est.)
1
<p><b>Electricity - production:</b>
<br><i>914 to 1,523 m:</i>
61.466 billion kWh (1998)
28
<p><b>Electricity - production by source:</b>
<br><i>fossil fuel:</i>
<br><i>under 914 m:</i>
42 (1999 est.)
75.54%
<br><i>hydro:</i>
<p><b>Heliports:</b>
1 (1999 est.)
2.55%
<br><i>nuclear:</i>
20.37%
<br><i>other:</i>
1.54% (1998)
<p><b>Electricity - consumption:</b>
54.733 billion kWh (1998)
<p><b>Electricity - exports:</b>
10.8 billion kWh (1998)
<p><b>Electricity - imports:</b>
8.37 billion kWh (1998)
<p><b>Agriculture - products:</b>
grains, potatoes, sugar beets, hops, fruit; pigs, cattle, poultry; forest products
<p><b>Exports:</b>
$26.9 billion (f.o.b., 1999)
<p><b>Exports - commodities:</b>
machinery and transport equipment 41%, other manufactured goods 40%, chemicals 8%, raw materials and fuel 7% (1998)
<p><b>Exports - partners:</b>
Germany 42%, Slovakia 8%, Austria 6%, Poland 6%, France 4% (1999)
<p><b>Imports:</b>
$29 billion (f.o.b., 1999)
<p><b>Imports - commodities:</b>
machinery and transport equipment 39%, other manufactured goods 21%, chemicals 12%, raw materials and fuels 10%, food 5% (1998)
<p><b>Imports - partners:</b>
Germany 34%, Slovakia 6%, Russia 6%, Austria 6%, France 5% (1999)
<p><b>Debt - external:</b>
$24.3 billion (1999 est.)
<p><b>Economic aid - recipient:</b>
$351.6 million (1995)
<p><b>Currency:</b>
1 koruna (Kc) = 100 haleru
<p><b>Exchange rates:</b>
koruny (Kcs) per US$1 - 35.630 (December 1999), 34.569 (1999), 32.281 (1998), 31.698 (1997), 27.145 (1996), 26.541 (1995)
<p><b>Fiscal year:</b>
calendar year


:''See also :'' [[Czech republic]]
:''See also :'' [[Czech republic]]

Revision as of 15:55, 28 January 2002

Railways:
total: 9,435 km
standard gauge: 9,341 km 1.435-m standard gauge (2,946 km electrified at three voltages; 1,868 km double track)
narrow gauge: 94 km 0.760-m narrow gauge (1998)

Highways:
total: 127,693 km
paved: 127,693 km (including 498 km of expressways)
unpaved: 0 km (1998 est.)

Waterways: 677 km; the Elbe (Labe) is the principal river

Pipelines: natural gas 53,000 km (1998)

Ports and harbors: Decin, Prague, Usti nad Labem

Airports: 114 (1999 est.)

Airports - with paved runways:
total: 43
over 3,047 m: 2
2,438 to 3,047 m: 10
1,524 to 2,437 m: 14
914 to 1,523 m: 1
under 914 m: 16 (1999 est.)

Airports - with unpaved runways:
total: 71
1,524 to 2,437 m: 1
914 to 1,523 m: 28
under 914 m: 42 (1999 est.)

Heliports: 1 (1999 est.)

See also : Czech republic