Czech Republic GDP Growth Rate  1996-2018 | Data | Chart | Calendar

The Czech economy advanced 0.4 percent on quarter in the three months to March 2018, below a preliminary estimate of 0.5 percent and a 0.8 percent advance in the previous quarter. It was the slowest expansion since the fourth quarter of 2016, as government spending rose less (1.4 percent vs 1.7 percent in Q4) and net external demand contributed negatively to growth, as imports rose at a faster 1.4 percent (2.2 percent in Q4) and exports went up 0.5 percent (1.8 percent in Q4). Meanwhile, household consumption (0.7 percent vs 0.6 percent) and gross fixed capital formation (3.5 percent vs 1.0 percent) expanded faster. On a yearly basis, the GDP increased 4.4 percent, compared to an earlier estimate of 4.5 percent and easing from a 5.5 percent growth in Q4. GDP Growth Rate in Czech Republic averaged 0.62 percent from 1996 until 2018, reaching an all time high of 2.40 percent in the second quarter of 2017 and a record low of -3.50 percent in the first quarter of 2009.

Czech Republic GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-02 08:00 AM GDP Growth Rate QoQ Final 0.5% 0.6% 0.5% 0.5%
2018-05-15 07:00 AM GDP Growth Rate QoQ Prel 0.5% 0.8% 0.7% 0.5%
2018-06-01 07:00 AM GDP Growth Rate QoQ Final 0.4% 0.5% 0.5% 0.5%
2018-08-14 07:00 AM GDP Growth Rate QoQ Prel 0.4% 0.6%
2018-08-31 07:00 AM GDP Growth Rate QoQ Final 0.4%
2018-11-14 08:00 AM GDP Growth Rate QoQ Prel 0.5%


Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.80 2.40 -3.50 percent [+]
GDP Annual Growth Rate 4.40 5.50 7.30 -5.60 percent [+]
GDP 215.73 195.31 235.72 4.90 USD Billion [+]
GDP Constant Prices 1177.19 1172.45 1177.19 682.71 CZK Billion [+]
Gross National Product 4735267.00 4467763.00 4735267.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 317.87 307.08 317.87 178.10 CZK Billion [+]
GDP per capita 22779.29 21894.11 22779.29 12313.04 USD [+]
GDP per capita PPP 32605.91 31338.88 32605.91 17624.68 USD [+]
GDP From Agriculture 20808.00 20421.00 20808.00 13521.00 CZK Million [+]
GDP From Construction 62853.00 58667.00 80724.00 47136.00 CZK Million [+]
GDP From Manufacturing 286170.00 285736.00 286170.00 85705.00 CZK Million [+]
GDP From Public Administration 141453.00 139389.00 141453.00 121233.00 CZK Million [+]
GDP From Services 195896.00 195307.00 195896.00 104382.00 CZK Million [+]


Czech Republic GDP Growth Rate

On the expenditure side, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP. This page provides the latest reported value for - Czech Republic GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.80 2.40 -3.50 1996 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
Turkey 2.00 Mar/18
United States 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Mexico 1.10 Mar/18
Australia 1.00 Mar/18
South Korea 1.00 Mar/18
Russia 0.85 Mar/18
Spain 0.70 Mar/18
Netherlands 0.60 Mar/18
Switzerland 0.60 Mar/18
Brazil 0.40 Mar/18
Euro Area 0.40 Mar/18
Canada 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
France 0.20 Mar/18
United Kingdom 0.20 Mar/18
Japan -0.20 Mar/18
Indonesia -0.42 Mar/18


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