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Authors assess the socio-economic situation of the population of the Czech Republic by way of macroeconomic factors. They study interconnection of economic productivity of the Czech Republic which is measured by way of GDP in the years 2007-2014 on the socio-economic situation of the population of the Czech Republic. In the article, the situation is represented by macroeconomic factors such as final consumption expenditure of households and gross national savings in 2007-2014. All factors are firstly examined from the point of view of suitability – stability of statistical data based on a year-on-year growth or recession and average figures. These results are compared and further, the reliance of the consumption expenditures on gross domestic product is assessed by way of statistical apparatus (Pearson’s Correlation Coefficients). The goal of the assessment is to discover reliance of the consumption expenditure of the households on productivity of the economy or the relation between savings and the productivity of the economy.