The current account surplus in the Czech Republic widened to EUR 1,319 million in the second quarter of 2019 from EUR 207.1 million in the same period of the previous year. The goods and services surplus increased to EUR 4,592 million from EUR 4,051 million a year ago while the primary income shortfall narrowed to EUR 3,182.7 million from EUR 3,347.4 million. In addition, the secondary income gap fell to EUR 90.3 million from EUR 496.6 million. Current Account in Czech Republic averaged -479.79 EUR Million from 1993 until 2019, reaching an all time high of 4418.70 EUR Million in the first quarter of 2016 and a record low of -4336.40 EUR Million in the third quarter of 2010.

Current Account in Czech Republic is expected to be -1000.00 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 200.00 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
2018-12-14 09:00 AM Current Account Q3 €-1737.7M €302.2M €-1404M
2019-03-15 09:00 AM Current Account Q4 €430.9M €-2037.3M € -420M
2019-06-13 08:00 AM Current Account Q1 €1730.9M €430.9M € 3870M
2019-09-13 08:00 AM Current Account Q2 €1319M €1701.5M € 180M
2019-12-13 09:00 AM Current Account Q3 €1319M € -1000M


Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 34180.39 45082.78 52259.00 -39868.00 CZK Million [+]
Current Account 1319.00 1701.50 4418.70 -4336.40 EUR Million [+]
Current Account to GDP 0.30 1.10 1.60 -6.20 percent [+]
Imports 329701.07 318181.54 400657.53 14204.00 CZK Million [+]
Exports 363881.45 363264.31 434613.96 9838.00 CZK Million [+]
External Debt 169260.00 169310.00 171883.60 8568.30 EUR Million [+]
Terms of Trade 101.00 100.80 104.30 92.60 Index Points [+]
Capital Flows -44202.02 14681.28 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 114674.21 173269.05 2804688.11 11440.56 CZK Million [+]
Remittances 484.60 564.70 585.70 0.00 EUR Million [+]
Gold Reserves 8.15 8.20 13.87 8.15 Tonnes [+]
Terrorism Index 1.56 1.89 2.48 0.01 [+]
Weapons Sales 64.00 98.00 319.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 7.00 2.00 BBL/D/1K [+]

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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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1319.00 1701.50 4418.70 -4336.40 1993 - 2019 EUR Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 29.84 Jul/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 8420.80 Jul/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 17215.95 Mar/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -128188.00 Jun/19


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