ICT sector: production value 2013-2020 Republic

The production value of the total information and communication industry in the Czech Republic saw no significant changes in 2020 in comparison to the previous year 2019 and remained at around 28062.2 million euros. Nevertheless, 2020 still represents a peak in the production value in this industry in the Czech Republic.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.

Annual production value of the information and communication technology (ICT) sector in the Czech Republic from 2013 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	28,062.2
2019	28,050.1
2018	26,446.7
2017	23,418.5
2016	21,604.8
2015	20,640.6
2014	18,955
2013	18,742

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Release date

March 2023

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Region

Czechia

Survey time period

2013 to 2020

Supplementary notes

The source adds the following information: 'Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.'
Data coverage corresponds to code ICT of NACE Rev. 2.

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