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 -0.50 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 -1.30 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 40700.00 43168.72 52259.00 -39868.00 CZK Million [+]
Current Account 430.90 -2037.30 4418.70 -4336.40 EUR Million [+]
Current Account to GDP 0.30 1.10 1.60 -6.20 percent [+]
Imports 318370.00 337847.76 398547.51 14204.00 CZK Million [+]
Exports 359092.00 381016.48 434096.87 9838.00 CZK Million [+]
External Debt 169310.00 168744.20 171883.60 8568.30 EUR Million [+]
Terms of Trade 101.00 101.20 104.30 92.60 Index Points [+]
Capital Flows 29098.42 5339.22 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 114674.21 173269.05 2804688.11 11440.56 CZK Million [+]
Remittances 528.30 563.80 585.30 0.00 EUR Million [+]
Gold Reserves 8.40 8.80 13.87 8.40 Tonnes [+]
Terrorism Index 1.56 1.89 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 April 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 19.50 Dec/17
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 8.30 Dec/18
Germany 7.30 Dec/18
South Korea 4.70 Dec/18
Japan 4.02 Dec/17
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Russia 2.20 Dec/17
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Mexico -1.60 Dec/17
India -2.30 Dec/18
United States -2.40 Dec/18
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Indonesia -3.00 Dec/18
Australia -3.10 Dec/17
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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