Czech Republic recorded a Current Account surplus of 1.10 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Czech Republic averaged -2.38 percent from 1993 until 2017, 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 -0.50 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 -1.50 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 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.60 1.60 -6.20 1993 - 2017 percent Yearly
NSA




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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