Czech Republic Current Account  1993-2017 | Data | Chart | Calendar

The Czech Republic current account deficit fell to EUR 290.1 million in the second quarter of 2017 from EUR 427.7 million a year earlier. The goods and services surplus rose to EUR 4003.4 million from a EUR 3921.7 million a year earlier, boosted by higher exports of goods processed for foreign owners and lower imports of repair and financial services. The primary income deficit narrowed to EUR 3706.9 million from a EUR 3925.3 million due to a drop in dividends from direct and portfolio investment paid to foreign owners and a rise in income on the CNB’s reserve assets. On the other hand, the secondary income gap widened to EUR 586.6 million from EUR 424.2 million due to a rise in funds transferred by the Czech Republic to the EU budget, which are recorded under secondary income. Current Account in Czech Republic averaged -507.14 EUR Million from 1993 until 2017, reaching an all time high of 4062.10 EUR Million in the first quarter of 2016 and a record low of -4336.37 EUR Million in the third quarter of 2010.

Czech Republic Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-14 09:00 AM Current Account €-845.4M €-844.3M € 414M
2017-06-14 08:00 AM Current Account €3497.8M €-845.4M € 3812M
2017-09-13 08:00 AM Current Account €-290.1M €3610.8M €-1170M
2017-12-14 09:00 AM Current Account €-290.1M € -846.5M


Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 28265.00 18058.00 52259.00 -39868.00 CZK Million [+]
Exports 326046.00 296415.00 395228.00 9838.00 CZK Million [+]
Imports 297781.00 278356.00 345991.00 14204.00 CZK Million [+]
Current Account -290.10 3610.80 4062.10 -4336.37 EUR Million [+]
Current Account to GDP 1.10 0.20 1.10 -6.20 percent [+]
External Debt 171060.00 172246.00 172246.00 8568.30 EUR Million [+]
Terms of Trade 100.20 99.90 104.00 92.30 Index Points [+]
Capital Flows -15756.60 -34631.23 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 11440.56 2804688.11 2804688.11 11440.56 CZK Million [+]
Remittances 526.40 489.10 526.40 0.00 EUR Million [+]
Gold Reserves 9.52 9.61 13.87 9.52 Tonnes [+]
Crude Oil Production 2.00 2.00 7.00 2.00 BBL/D/1K [+]
Terrorism Index 2.18 2.48 2.48 0.01 [+]
Weapons Sales 129.00 138.00 320.00 1.00 USD Million [+]

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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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-290.10 3610.80 4062.10 -4336.37 1993 - 2017 EUR Million Quarterly




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -302.50 Aug/17
Canada -16319.00 Jun/17
China 508.87 Jun/17
Euro Area 32.50 Jul/17
France -1468.00 Aug/17
Germany 17800.00 Aug/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2380.40 Aug/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia 1200.00 Sep/17
South Korea 6061.10 Aug/17
Spain 2977.00 Jul/17
Switzerland 18748.00 Jun/17
Turkey -1237.00 Aug/17
United Kingdom -23182.00 Jun/17
United States -123137.00 Jun/17