Market profile

With a population of approximately 10.5 million and gross domestic product (GDP) per capita of US$18,325 (2016), the Czech Republic is an important market in Central Europe. GDP growth has been strong and is forecast to continue to grow at around three per cent over the next three years.

The Czech Republic experienced a rapid transformation to a market-based economy since the fall of communism in 1989 and the Czech automotive industry represents one of the most developed automotive markets in the region. The country`s high-level technical know-how has been shared over centuries and continues to deliver world-class products and services.

The Austrade office in the Czech Republic is also responsible for the Slovak Republic.

More information on doing business in the Czech Republic

Czech republic's market insights and opportunities

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Facts

  • Imports from Czech Republic A$784 million
  • Exports to Czech Republic A$233 million
  • Capital Prague
  • Official Language Czech
  • Area 77,230 sq km
  • Population 10.6 million

VISIT CZECH REPUBLIC

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Czech Republic and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travellers and tourists going to Czech Republic. This is regularly updated and should be checked before planning travel.

» read more at DFAT

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