he
EU, especially Germany, and foreign investment, while domestic demand is
reviving. Uncomfortably high fiscal and current account deficits could
be future problems. Unemployment is gradually declining as job creation
continues in the rebounding economy; inflation is up to 4.7% but still
moderate. The EU put the Czech Republic just behind Poland and Hungary in
preparations for accession, which will give further impetus and direction
to structural reform. Moves to complete banking, telecommunications, and
energy privatization will add to foreign investment, while intensified
restructuring among large enterprises and banks and improvements in the
financial sector should strengthen output growth.

GDP: purchasing power parity - $147.9 billion (2001 est.)

GDP - real growth rate: 3.4% (2001 est.)

GDP - per capita: purchasing power parity - $14,400 (2001 est.)

GDP - composition by sector: agriculture: 5% industry: 41% services: 54%
(2000)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: 4.3%
highest 10%: 22.4% (1996)

Distribution of family income - Gini index: 26 (1996)

Inflation rate (consumer prices): 4.7% (2001 est.)

Labor force: 5.203 million (1999 est.)

Labor force - by occupation: agriculture 5%, industry 40%, services 55%
(2000 est.)

Unemployment rate: 8.5% (2001 est.)

Budget: revenues: $16.7 billion expenditures: $18 billion, including
capital expenditures of $NA (2001 est.)

Industries: metallurgy, machinery and equipment, motor vehicles, glass,
armaments

Industrial production growth rate: 7.2% (2001)

Electricity - production: 69.589 billion kWh (2000)

Electricity - production by source: fossil fuel: 77.75% hydro: 2.5%
other: 1.2% (2000) nuclear: 18.55%

Electricity - consumption: 54.701 billion kWh (2000)

Electricity - exports: 18.74 billion kWh (2000)

Electricity - imports: 8.725 billion kWh (2000)

Agriculture - products: wheat, potatoes, sugar beets, hops, fruit;
pigs, poultry

Exports: $32.7 billion (f.o.b., 2000)

Exports - commodities: machinery and transport equipment 44%,
intermediate manufactures 25%, chemicals 7%, raw materials and fuel 7%
(2000)

Exports - partners: Germany 40.4%, Slovakia 7.7%, Austria 6.0%, Poland
5.4%, UK 4.3% (2000)

Imports: $37.4 billion (f.o.b., 2000)

Imports - commodities: machinery and transport equipment 40%,
intermediate manufactures 21%, raw material