Czech Republic posted a current account surplus of EUR 327.5 million in the second quarter of 2018 compared to a EUR 309.4 million deficit in the corresponding period of the previous year. The goods and services surplus widened to EUR 4144.8 million from EUR 4010.3 million in the three months to June of 2017, with the services surplus increasing to EUR 1391.2 million from EUR 1272.7 million amid higher receipts from transport, tourism and financial services. Also, the primary income deficit declined to EUR 3321.2 million from EUR 3725.6 million, mainly due to lower growth in dividends paid on direct investment and the secondary income deficit narrowed to EUR 496.1 million from EUR 594 million. Current Account in Czech Republic averaged -520.50 EUR Million from 1993 until 2018, reaching an all time high of 4418.67 EUR Million in the first quarter of 2016 and a record low of -4336.37 EUR Million in the third quarter of 2010.

Current Account in Czech Republic is expected to be -1404.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Czech Republic to stand at -470.00 in 12 months time. In the long-term, the Czech Republic Current Account is projected to trend around -370.00 EUR Million in 2020, according to our econometric models.

Czech Republic Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-14 09:00 AM Current Account €-1450.5M €-329.4M € -846.5M
2018-03-16 09:00 AM Current Account €-26.7M €-1330M €-1230M
2018-06-14 08:00 AM Current Account €2310.8M €-26.7M €4150M
2018-09-13 08:00 AM Current Account €327.5M €2194.4M €-670M
2018-12-14 09:00 AM Current Account €327.5M €-1404M
2019-03-15 09:00 AM Current Account € -420M
2019-06-14 08:00 AM Current Account € 3870M


Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 36380.00 37917.00 52259.00 -39868.00 CZK Million [+]
Exports 429107.00 367561.00 429107.00 9838.00 CZK Million [+]
Imports 392727.00 329644.00 392727.00 14204.00 CZK Million [+]
Current Account 327.50 2194.40 4418.67 -4336.37 EUR Million [+]
Current Account to GDP 1.10 1.60 1.60 -6.20 percent [+]
External Debt 168625.30 169694.80 171197.30 8568.30 EUR Million [+]
Terms of Trade 99.60 99.60 104.30 92.60 Index Points [+]
Capital Flows -28935.69 -8213.98 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 173269.05 11440.56 2804688.11 11440.56 CZK Million [+]
Remittances 563.80 523.10 585.30 0.00 EUR Million [+]
Gold Reserves 9.10 9.30 13.87 9.10 Tonnes [+]
Terrorism Index 1.89 2.18 2.48 0.01 [+]
Weapons Sales 110.00 133.00 320.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 7.00 2.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Czech Republic Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Czech Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
327.50 2194.40 4418.67 -4336.37 1993 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 1830.00 Sep/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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