Population, Total for Czech Republic
POPTOTCZA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,882,164.00
Year-over-Year Change
3.53%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Czech Republic' metric tracks the total population of the Czech Republic over time. This data is crucial for policymakers and economists to understand population trends and their implications for the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total population of the Czech Republic, including all residents regardless of legal status or citizenship. It is a key demographic indicator used to assess the size, growth, and composition of the Czech population, which in turn impacts economic planning, resource allocation, and policy development.
Methodology
The data is collected and reported by the World Bank based on official national statistics.
Historical Context
Population data is widely used by governments, international organizations, and analysts to inform economic, social, and environmental policies.
Key Facts
- The Czech Republic had a population of over 10.7 million as of 2021.
- The population grew by 0.1% in 2021 compared to the previous year.
- Population growth has slowed in the Czech Republic in recent decades.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Czech Republic' metric tracks the total number of people residing in the Czech Republic, regardless of their legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: Population data is crucial for policymakers, economists, and analysts to understand demographic trends and their implications for the Czech economy, resource allocation, and social welfare programs.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on official national statistics from the Czech government.
Q: How is this trend used in economic policy?
A: Population data is used by the Czech government and international organizations to inform economic, social, and environmental policies, such as labor market regulations, infrastructure planning, and resource allocation.
Q: Are there update delays or limitations?
A: The population data is typically updated annually, with a delay of around 1-2 years. There may be some limitations in the accuracy of population estimates, especially for certain demographics or regions.
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Citation
U.S. Federal Reserve, Population, Total for Czech Republic (POPTOTCZA647NWDB), retrieved from FRED.