Information on Czech Republic

Employer Information : Czech Republic

Facts:

Population: 10.3 million. (94% are Czech, 3% Slovak, and the rest are mainly Polish, German, Roma, and Hungarian)
Area: 79,000 square km - about the same size as Austria.
Borders: Germany , Austria , Slovakia , Poland
Offical Language: Czech
Major Religion: Christianity (but nearly as many self-proclaimed atheists)
Currency: Czech crown (ceská koruna)
Dialing Code: +420
Government Type: Parliamentary Democracy

Economy:
  • One of the most stable and prosperous of the post-Communist states. Rapid economic growth in 1995-96 lifted GDP per head to just over 50% of the EU average by 1996. Since then the GDP has seen consistent yearly increases, which places the Czech Republic's level of economic development behind only Slovenia among the former communist countries.
  • The stalwarts of the economy during communism were the heavy manufacturing and construction sectors. The years since 1989 have seen a rapid expansion of the wholesale and retail trades, catering, IT and financial services as well as a huge increase in tourism.
  • The decline in the industrial sector's contribution to GDP, however, has been accompanied by rising job redundancies in most manufacturing branches. Unemployment has subsequently risen towards levels common across central Europe - although it remains well below the level in Poland and Slovakia.
Education:
  • The Czech Republic devotes special attention to increasing language skills. English and German dominate foreign language education.
  • In 2001 the proportion of university degrees awarded in science related fields (engineering, manufacturing, construction, life sciences, physical sciences and agriculture, mathematics and computing) was among the highest in Europe.
  • The proportion of secondary-level students studying English is as high in vocational courses as in "academic" areas, and at 95% is high by European standards.
  • The Czech education system places huge emphasis on upper secondary education, which serves as the foundation for advanced learning and training opportunities, as well as preparation for direct entry into the labour market.
  • In 2001 the percentage of the adult population that had completed at least secondary education in the Czech Republic was among the highest in OECD countries. The Czechs have a secondary level completion rate third only to the USA and Switzerland.
  • 86% of the Czech labour force aged 24-64 had completed at least upper secondary education in 2001, compared to an OECD average of 64%.
Labour:
  • The Czech Republic has a workforce of 5.2 million people.
  • For many years the former Czechoslovakia produced the highest percentage of science and technical graduates in the world. This tradition is still continued.
  • The Czech workforce is highly-skilled, well motivated with high responsiveness to training and interest in continuous professional and personal growth.
  • 33 percent of labour in the Czech Republic is employed in industry, 25 percent in hospitality and transport, whereas the rest work in the IT, financial, construction and agriculture sectors.
Map:

Poland