sistent problem. Inflation is under control. 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 encourage
additional foreign investment, while intensified restructuring among
large enterprises and banks, and improvements in the financial
sector, should strengthen output growth. Nonetheless, revival in the
European economies remains essential to stepped-up growth.

GDP:
purchasing power parity - $161.1 billion (2003 est.)

GDP - real growth rate:
2.9% (2003 est.)

GDP - per capita:
purchasing power parity - $15,700 (2003 est.)

GDP - composition by sector:
agriculture: 3.1%
industry: 35.5%
services: 61.4% (2003)

Investment (gross fixed):
26% of GDP (2003)

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:
25.4 (1996)

Inflation rate (consumer prices):
0.1% (2003 est.)

Labor force:
5.25 million (2003 est.)

Labor force - by occupation:
agriculture 5%, industry 35%, services 60% (2001 est.)

Unemployment rate:
9.9% (2003)

Budget:
revenues: $33.25 billion
expenditures: $38.88 billion, including capital expenditures of NA
(2003 est.)

Public debt:
29.7% of GDP (2003)

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

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

Industrial production growth rate:
3.3% (2003)

Electricity - production:
70.04 billion kWh (2001)

Electricity - consumption:
55.6 billion kWh (2001)

Electricity - exports:
18.92 billion kWh (2001)

Electricity - imports:
9.38 billion kWh (2001)

Oil - production:
7,419 bbl/day (2001 est.)

Oil - consumption:
175,700 bbl/day (2001 est.)

Oil - exports:
26,670 bbl/day (2001)

Oil - imports:
192,300 bbl/day (2001)

Oil - proved reserves:
17.25 million bbl (1 January 2002)

Natural gas - production:
160 million cu m (2001 est.)

Natural gas - consumption:
9.892 billion cu m (2001 est.)

Natural gas - exports:
1 million cu m (2001 est.)

Natural gas - imports:
9.521 billion cu m (2001 est.)

Natural gas - proved reserves:
3.057 billion