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Czechia flag Czechia Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Czechia, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Time to obtain an electrical connection (days)
40.7
2024 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Domestic credit to private sector by banks (% of GDP)
48.3
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Average time to clear exports through customs (days)
2.6
2024 · Average number of days to clear direct exports through customs.
Firms visited or required meetings with tax officials (% of firms)
34.8
2024 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
New business density (new registrations per 1,000 people ages 15-64)
4.1
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
56.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Commercial service imports (current US$)
37954627700.3847
2024 · World Bank
Time required to obtain an operating license (days)
73.89538574
2024 · World Bank
High-technology exports (current US$)
52422447878
2024 · World Bank
Food imports (% of merchandise imports)
6.74643451260105
2024 · World Bank
Bribery incidence (% of firms experiencing at least one bribe payment request)
2.911665916
2024 · World Bank
Firms experiencing electrical outages (% of firms)
30.73469543
2024 · World Bank
Time to obtain an electrical connection (days)
40.70247269
2024 · World Bank
Merchandise trade (% of GDP)
143.509381604351
2024 · World Bank
Average time to clear imports through customs (days)
1.756893635
2024 · World Bank
Merchandise exports (current US$)
262714000000
2024 · World Bank
Import unit value index (2015 = 100)
116
2024 · World Bank
Transport services (% of commercial service imports)
22.0069969852925
2024 · World Bank
Computer, communications and other services (% of commercial service imports)
47.9990152926221
2024 · World Bank
Travel services (% of commercial service imports)
23.2154775585424
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
6.76728393554384
2024 · World Bank
Ores and metals exports (% of merchandise exports)
1.40367567949443
2024 · World Bank
Agricultural raw materials imports (% of merchandise imports)
1.03144646586051
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
3.10824238919648
2024 · World Bank
Trade in services (% of GDP)
23.3472596146895
2024 · World Bank
Number of visits or required meetings with tax officials (average for affected firms)
2.24874115
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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