Located in central Europe, the Czech Republic economy which has a population of 10.5 Million (Est 2011 Census) ranks 43rd in the world. This is estimated from IMF estimates which indicates that it has a GDP PPP of 284.952 billion and GDP PPP per capita of 27,062 vs 48,387 (United States) according to the IMF in 2011. Its currency is the Czech koruna (abbreviated CZK in FX) which is issued by its central bank, the Czech National Bank. Inflation estimates in the country are derived from the CIA.gov website indicating its inflation was 1.9% in 2011 and 1.5% in 2010.