Czech Republic recorded a Current Account surplus of 0.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Czech Republic averaged -2.33 percent from 1993 until 2018, reaching an all time high of 1.60 percent in 2016 and a record low of -6.20 percent in 1996.

Current Account to GDP in Czech Republic is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Current Account to GDP is projected to trend around 1.00 percent in 2020, according to our econometric models.

Czech Republic Current Account to GDP
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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 170630.00 169210.00 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 [+]

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



Czech Republic Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Czech Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 1.10 1.60 -6.20 1993 - 2018 percent Yearly
NSA




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 2.90 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
Turkey -3.50 Dec/18
South Africa -3.60 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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