Czech Republic
Europe · Prague · CZK (Czech Koruna)
Economy & industry overview
The Czech Republic (Czechia) is a high-income, open economy in Central Europe and a member of the European Union, with a nominal GDP of approximately $345 billion in 2024. The economy is heavily oriented toward manufacturing and exports, particularly in engineering, motor vehicles, electronics, machinery, chemicals, and pharmaceuticals, with the industrial sector accounting for roughly 37% of GDP. The services sector represents approximately 61% of GDP and is expanding, while agriculture contributes around 2%. The Czech Republic maintains one of the lowest unemployment rates in the EU, consistently below 3%, supported by persistent labour-market tightness. The Prague Stock Exchange (PSE) is the main capital market, dominated by energy, banking, and insurance sectors.
Key sectors
📘 Learn everything about Czech Republic →Macro
| GDP nominal, USD | $345.04B |
| GDP growth real, annual | 2.5% |
| Inflation annual | 2.4% |
| Population people | 10.9M |
| GDP per capita USD | $20,445 |
| Market cap total listed, USD | $20.95B |
| Market cap / GDP | 6.1% |
| Unemployment | 2.5% |
| Listed companies | 34 |
| Exchange | Prague Stock Exchange (PSE) |
Data year: 2024. Sources: World Bank (GDP, GDP per capita 2024), IMF World Economic Outlook October 2024, Trading Economics, Czech Statistical Office (CZSO), Prague Stock Exchange (PSE), CEIC Data (PSE market capitalisation), Macrotrends (unemployment), FocusEconomics, Wikipedia – Economy of the Czech Republic, ČEZ Group Wikipedia, Komerční banka Wikipedia.
Latest news
Largest listed companies
The biggest companies on the main local exchange, by market capitalisation.
| # | Company | Sector | Market capUSD | US listing |
|---|---|---|---|---|
| 1 | ČEZ, a.s.CEZ · PSE | Energy & Utilities | $21.34B | — |
| 2 | Komerční banka, a.s.KOMB · PSE | Banking | $6.64B | — |
| 3 | Erste Group Bank AGRBAG · PSE | Banking | $20.00B | — |
| 4 | Moneta Money Bank, a.s.MONET · PSE | Banking | $2.63B | — |
| 5 | Philip Morris ČR a.s.TABAK · PSE | Consumer Staples – Tobacco | $1.38B | — |
| 6 | Colt CZ Group SECOLTCZ · PSE | Industrials – Defence & Firearms | $1.08B | — |
| 7 | O2 Czech Republic a.s.TELEC · PSE | Telecommunications | $2.10B | — |
| 8 | Kofola ČeskoSlovensko a.s.KOFOL · PSE | Consumer Staples – Beverages | $380.00M | — |
| 9 | CPI Property Group S.A.CPIPG · PSE | Real Estate | $2.40B | — |
| 10 | Doosan Škoda Power s.r.o.DSPW · PSE | Industrials – Power Equipment | $420.00M | — |
| 11 | Pilulka Lékárny a.s.PILUL · PSE | Healthcare – Retail Pharmacy | $110.00M | — |
US-traded ETFs
Funds listed in the US that give exposure to this market — the simplest route for many US investors.
| Ticker | ETF | Issuer | Scope | Expense ratioannual % | Exposure% of fund |
|---|---|---|---|---|---|
| VGK | Vanguard FTSE Europe ETF | Vanguard | Broad EM | 0.09% | — |
| ESR | Invesco MSCI Eastern Europe ex Russia ETF | Invesco | Regional | 0.19% | — |
| EEUR | iShares MSCI Europe Financials ETF | BlackRock / iShares | Regional | 0.48% | — |
| GUR | SPDR S&P Emerging Europe ETF | State Street SPDR | Regional Delisted | 0.49% | — |
Local exchange & access
| Exchange | Prague Stock Exchange |
| Code | PSE |
| Website | www.pse.cz/en/ |
| Currency | CZK |
Local broker access
International retail brokers (e.g., Interactive Brokers, LYNX) provide direct access to Prague Stock Exchange (PSE) equities. Czech domestic brokers include Patria Finance, Fio banka, and Cyrrus. PSE-listed stocks are denominated in CZK. Foreign investors should note that direct PSE access from some jurisdictions may require a broker with European market connectivity. Czech equities are also accessible via select Central/Eastern European ETFs.
Global brokers with foreign-market access
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.
Relocation & residency
Investment visa / residency programme
Grants No formal investment-migration programme
The Czech Republic does not operate a formal golden visa or residency-by-investment programme equivalent to those found in some other EU member states. Foreign nationals from outside the EU may obtain a long-term residence permit or business visa by establishing a company or making investments in the Czech Republic, but there is no dedicated investment-threshold programme granting automatic residency or citizenship. EU citizens benefit from free movement rights.
Need help applying? Specialist investment-migration advisers such as Henley & Partners.
Foreign-investor access
EU/EEA citizens have the right to reside and work in the Czech Republic without restriction. Non-EU nationals may obtain a long-term visa or residence permit via employment, business registration, or family reunification. The Czech Republic does not currently offer a dedicated investor visa pathway with a defined minimum investment threshold. The Czech National Bank is the financial regulator; the country uses the Czech Koruna (CZK) and has not adopted the euro.
US-listed ADRs & cross-listings
Companies from this country whose shares also trade in the US — investable in a normal US brokerage account.
| Company | US ticker | Local ticker | Note |
|---|---|---|---|
| Komerční banka, a.s. | KMBAY | KOMB | OTC pink-sheet ADR for Komerční banka. Trading volumes in the US are thin; the primary listing and main trading venue is the Prague Stock Exchange. |
| ČEZ, a.s. | CEZZY | CEZ | OTC-traded ADR for ČEZ, the dominant Czech state-controlled energy utility. Liquidity on US OTC markets is limited; primary liquidity is on the Prague Stock Exchange. |