Czech Republic GDP Growth Rate  1996-2017 | Data | Chart | Calendar

The Czech economy advanced 1.3 percent on quarter in the first quarter of 2017, following a 0.4 percent expansion in the previous period and in line with preliminary estimates. It was the strongest growth rate since the second quarter of 2015, mainly led by government spending (1.4 percent from -0.3 percent in Q4 of 2016) and investments (3.6 percent from -1.7 percent). Meanwhile, consumer spending slowed (0.5 percent from 0.7 percent). Net external demand contributed less positively, as imports (5.3 percent from 0.3 percent) rose at the faster pace than exports (4.8 percent from 2.1 percent). Year-on-year, the economy advanced 2.9 percent after growing by 1.9 percent in the previous period, matching preliminary estimates. GDP Growth Rate in Czech Republic averaged 0.58 percent from 1996 until 2016, reaching an all time high of 2.30 percent in the first quarter of 2006 and a record low of -3.70 percent in the first quarter of 2009.

Czech Republic GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-03 08:00 AM Q4 0.4% 0.2% 0.2% 0.2%
2017-05-16 07:00 AM Q1 1.3% 0.4% 0.7% 0.6%
2017-06-02 07:00 AM Q1 1.3% 0.4% 1.3% 1.3%
2017-08-16 07:00 AM Q2 1.3% 0.6%
2017-09-01 07:00 AM Q2 1.3% 0.6%
2017-11-14 08:00 AM Q3 0.7%




Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 0.40 2.30 -3.70 percent [+]
GDP Annual Growth Rate 2.90 1.90 7.30 -5.70 percent [+]
GDP 185.16 207.82 235.21 4.90 USD Billion [+]
GDP Constant Prices 1115.80 1100.67 1115.80 680.52 CZK Billion [+]
Gross National Product 4255247.00 3926642.00 4255247.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 282.44 275.18 301.80 177.77 CZK Billion [+]
GDP per capita 21224.60 20343.63 21224.60 12277.41 USD [+]
GDP per capita PPP 30380.59 29119.62 30380.59 17573.73 USD [+]
GDP From Agriculture 20121.00 20175.00 21253.00 10955.00 CZK Million [+]
GDP From Construction 56448.00 54708.00 80296.00 48922.00 CZK Million [+]
GDP From Manufacturing 267461.00 265288.00 267461.00 84825.00 CZK Million [+]
GDP From Public Administration 141468.00 141473.00 141473.00 120303.00 CZK Million [+]
GDP From Services 183430.00 181394.00 183430.00 105811.00 CZK Million [+]


Czech Republic GDP Growth Rate Notes

Czech Republic has one of the most developed industrialized economies among the emerging democracies in central and eastern Europe. The auto industry along with its upstream suppliers accounts for nearly 24 percent of total Czech manufacturing. 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.40 2.30 -3.70 1996 - 2017 percent Quarterly
SA



gdp growth rate by Country

Last
India 1.50 Mar/17
Turkey 1.40 Mar/17
China 1.30 Mar/17
United States 1.20 Mar/17
South Korea 1.10 Mar/17
Brazil 1.00 Mar/17
Canada 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Euro Area 0.60 Mar/17
Germany 0.60 Mar/17
France 0.50 Mar/17
Italy 0.40 Mar/17
Netherlands 0.40 Mar/17
Australia 0.30 Mar/17
Japan 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.20 Mar/17
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15