Currency +/- Value in Czech Republic compared to Europe
|Czech Rep.||$ 0.56|
|Slovak Rep.||$ 0.53|
|Bosnia & H.||$ 0.40|
Czech Republic: Currency +/- valuation index
This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).
To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.
Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.
These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )
Source: calculated using figures from the IMF World Economic Outlook Database
The Czech Republic publishes annual house price statistics Statistical Yearbook of the Czech Statistical Office (CSO). CSO also produces a quarterly house price index. General economics statistics are also available from CSO. The Czech National Bank has money and banking statistics.