Analýza hrubého domácího produktu České republiky

The main goal of the thesis is to create a comprehensive analysis of gross domestic product of the Czech Republic for the period 2010 to 2020. The thesis focuses on the progess of annual and quarterly data of gross domestic product, progress and influence of individual gross domestic product components according to expenditure, international comparison in the context of the European Union, but also on the relationship of gross domestic product to the unemployment rate and inflation rate. The work uses data from Czech Statistical Office. Based on the used data, it can be stated that the initial period after the financial crisis was reflected in modest GDP growth combined with loose monetary policy. In 2012 to 2013, the Czech and EU economies are falling into recession phase due to restrictive fiscal policy. In 2014 comes the recovery of the economy, which is characterized by stable growth and loose fiscal and monetary policy. Economic growth ends until the outbreak of pandemic in 2020. According to the expenditue division, the consumption of households contributed most to GDP growth. The thesis concluded that there is a negative correlation between the progress of the Czech Republic´s GDP and the unemployment rate for the period under review and at the same time there is a close positive correlation between the progress if the Czech Republic´s and the European Unio. The relationship between the progress of the Czech Republic´s GDP and the inflation rate for the period under review is statistically insignificant.