In a nutshell, the Czech Republic is an open market economy with solid growth dynamics which does not suffer from excessive internal, external or financial imbalances. 

Central to economic development is foreign trade. The goods and services export ratio to GDP is at 80% and has been on the rise over the long term. Czech Republic’s key business partners include EU member states: Germany, Slovakia, Poland and France. 

The stable macroeconomic situation and the relatively low government debt have been reflected in positive ratings. Standard & Poor’s has given the Czech Republic’s long-term obligations in the local currency an ‘AA’ rating, Fitch Ratings an ‘A+’ rating and Moody’s an ‘A1’ rating.