The paper considers the theoretical and practical problems connected with the estimation Gross Domestic Product (GDP) for the centrally planned economy of Czechoslovakia. In the methodological part the basic differences between the SNA (System of National Accounts) and MPS (Material Product System) accounting systems are discussed and several transformation procedures are presented. The price formation used in Czechoslovak MPS aggregates is briefly described before the problem of converting the data in national currency to US dollars is highlighted. Alternative GDP estimates, exchange rates and growth rates are compared. Own estimates, based on the purchasing parity type comparison with Austria, are presented in comparison with official Czechoslovak indexes. The appendices contain the detailed description of MPS/SNA transformation procedures as well as the statistical tables illustrating the process of GDP reconstruction based on Czechoslovak data for the period 1970-1990.

General study on Czechoslovakia - covers history, physical geography, ethnic groups, social structure, religious practice, economy, economic reforms, industrial sector, agricultural sector, trade, politics, political system, government, international relations esp. With USSR, defence, administration of justice; discusses economic relations within the framework of CMEA and international cooperation in respect of the Warsaw Pact treaty. Bibliography, glossary, map, organigrams, photographs, statistical tables.