, the country's GDP per capita at purchasing power parity is $40,793 and $22,942 at nominal value. According to Allianz A.G., in 2018 the country was an MWC (mean wealth country), ranking 26th in net financial assets. The country experienced a 4.5% GDP growth in 2017. The 2016 unemployment rate was the lowest in the EU at 2.4%, and the 2016 poverty rate was the second lowest of OECD members. Czech Republic ranks 27th in the 2021 Index of Economic Freedom, 24th in the 2016 Global Innovation Index, 29th in the Global Competitiveness Report, 41st in the ease of doing business index and 25th in the Global Enabling Trade Report.