Country Overview
The Czech Republic's regulatory frameworks support the creation of businesses and provides strong protections from insolvency. Combined with a significant improvement in procurement processes and a stable financial system, this encourages new investment and promotes competition among suppliers. To further improve the planning of projects, the Czech Republic should consider establishing a national cross-sectoral infrastructure plan and creating a national infrastructure or PPP agency to aid consistent design and project implementation.
See Full Overview Data
GDP per capita
26,849 USD
Population
10.5 million persons
Infrastructure quality
83.8 (0-100 best)

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Rank

Score /100

Best practice

22
-
67.6
Top performer
6
2
77.9
Global Leader
34
2
74.5
Contender
36
1
74.4
Contender
20
6
84.5
Top performer
65
2
18.6
Emerging
20
1
56.9
Top performer
39
-
33.4
Contender

Metric Overview

Strengths

Cost to start a business

According to the World Bank, the cost of starting a business in the Czech Republic is 1.1% of income per capita, well below the average of 4.7% for High Income Countries, easing the entry of new firms.

Financial stability

The stability of the Czech Republics’ financial sector remains strong, with Czech banks among the world’s soundest. Stable financial systems facilitate the smooth flow of funds between parties, improving the supply of capital for projects. The long-term impacts of the COVID-19 pandemic are to be determined.

Strength of insolvency framework

The World Bank rates the strength of the Czech Republic's insolvency framework highly. Strong insolvency protections help to attract investment in infrastructure.

Cost to start a business

According to the World Bank, the cost of starting a business in the Czech Republic is 1.1% of income per capita, well below the average of 4.7% for High Income Countries, easing the entry of new firms.

Financial stability

The stability of the Czech Republics’ financial sector remains strong, with Czech banks among the world’s soundest. Stable financial systems facilitate the smooth flow of funds between parties, improving the supply of capital for projects. The long-term impacts of the COVID-19 pandemic are to be determined.

Strength of insolvency framework

The World Bank rates the strength of the Czech Republic's insolvency framework highly. Strong insolvency protections help to attract investment in infrastructure.

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

High income country average

Financial markets:
Financial stability

Regulatory frameworks:
Strength of insolvency framework

Opportunities to Grow

Published infrastructure plan

The Czech Republic does not have a national or sub-national infrastructure plan. The addition of an infrastructure plan could highlight infrastructure challenges and opportunities for investment, as well as detail the government's planned responses.

Infrastructure or PPP agency

The Czech Republic does not have a national agency dedicated to infrastructure or PPPs. The addition of a national agency or PPP unit could help with the development of infrastructure frameworks to aid consistent design and implementation of infrastructure projects.

Private infrastructure investment

Among High Income Countries, the Czech Republic has the lowest level of private infrastructure investment as a proportion of GDP over the last five years. Increasing private infrastructure investment can bring greater cost discipline, innovation and value for money.

Published infrastructure plan

The Czech Republic does not have a national or sub-national infrastructure plan. The addition of an infrastructure plan could highlight infrastructure challenges and opportunities for investment, as well as detail the government's planned responses.

Infrastructure or PPP agency

The Czech Republic does not have a national agency dedicated to infrastructure or PPPs. The addition of a national agency or PPP unit could help with the development of infrastructure frameworks to aid consistent design and implementation of infrastructure projects.

Private infrastructure investment

Among High Income Countries, the Czech Republic has the lowest level of private infrastructure investment as a proportion of GDP over the last five years. Increasing private infrastructure investment can bring greater cost discipline, innovation and value for money.

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

High income country average

Detailed Data

This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017. 

Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Metric

Czech Republic

High Income Countries Average

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

67.5 (+1.0)
68.3

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

71.0 (+0.3)
74.3

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

Yes
-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

46.7
48.1

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

67.3 (+1.1)
61.9

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

No
-

Czech Republic

High Income Countries Average

67.5 (+1.0)
68.3
71.0 (+0.3)
74.3
Yes
-
46.7
48.1
67.3 (+1.1)
61.9
No
-

Country Overview Data

The Czech Republic's regulatory frameworks support the creation of businesses and provides strong protections from insolvency. Combined with a significant improvement in procurement processes and a stable financial system, this encourages new investment and promotes competition among suppliers. To further improve the planning of projects, the Czech Republic should consider establishing a national cross-sectoral infrastructure plan and creating a national infrastructure or PPP agency to aid consistent design and project implementation.
GDP per capita

26,849 USD

Population

10.5 million persons

Infrastructure quality

83.8 (0-100 best)

GDP

247.0 USD billion

GDP growth rate

2.5%

GDP per capita growth rate

0.4%

Gini coefficient

31.1 (0-100 worst)

Gross Government Debt

32.0% of GDP

Inflation rate

2.6%

Summary credit rating

83.0 (0-100 best)

Unemployment rate

2.5%

Urbanisation ratio

74.0% of total population

Road connectivity

92.2 (0-100 best)

Quality of road infrastructure

3.9 (1-7 best)

Efficiency of train services

4.5 (1-7 best)

Efficiency of air transport services

5.0 (1-7 best)

Efficiency of seaport services

3.2 (1-7 best)

Electricity access

100.0% of population

Electricity supply quality

5.6% of output lost

Exposure to unsafe drinking water

2.7% of population

Reliability of water supply

6.5 (1-7 best)

Digital Adoption Index

0.7 (0-1 best)

Mobile-broadband subscriptions

88.1 per 100 population

Fixed-broadband Internet subscriptions

29.9 per 100 population