The Czech Republic current account surplus narrowed to EUR 278.5 million in the second quarter of 2020 from EUR 1,106.2 million in the corresponding period of the previous year. The goods and services surplus shrank to EUR 2,243 million from EUR 4,542.2 million a year earlier and the secondary income account posted a EUR 379.9 million deficit, swinging from a EUR 0.6 million surplus. Meantime, the primary income gap fell to EUR 1,584.6 million from EUR 3z436.8 million.
Current Account in Czech Republic averaged -460.02 EUR Million from 1993 until 2020, reaching an all time high of 4496.89 EUR Million in the first quarter of 2016 and a record low of -4336.37 EUR Million in the third quarter of 2010. This page provides - Czech Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Current Account in Czech Republic is expected to be -1500.00 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 100.00 in 12 months time. In the long-term, the Czech Republic Current Account is projected to trend around -1100.00 EUR Million in 2021 and -370.00 EUR Million in 2022, according to our econometric models.