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

The Czech economy advanced 0.5 percent on quarter in the three months to March of 2018, below an upwardly revised 0.8 percent growth in the previous period and missing market expectations of 0.7 percent. The expansion was solely driven by an increase in domestic demand, namely household consumption and investment from companies. Year-on-year, the GDP rose 4.5 percent, below an upwardly revised 5.5 percent expansion in Q4 and also missing market consensus of 4.8 percent. 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
2018-02-16 08:00 AM GDP Growth Rate QoQ Prel 0.5% 0.5% 0.6% 0.4%
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 0.5% 0.5% 0.5%
2018-08-14 07:00 AM GDP Growth Rate QoQ Prel 1%
2018-08-31 07:00 AM GDP Growth Rate QoQ Final


Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.80 2.40 -3.50 percent [+]
GDP Annual Growth Rate 4.50 5.50 7.30 -5.60 percent [+]
GDP 192.92 185.16 235.20 4.90 USD Billion [+]
GDP Constant Prices 1168.67 1162.59 1168.67 682.71 CZK Billion [+]
Gross National Product 4467763.00 4255247.00 4467763.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 305.70 304.33 305.70 178.10 CZK Billion [+]
GDP per capita 21707.49 21224.63 21707.49 12277.44 USD [+]
GDP per capita PPP 31071.75 30380.59 31071.75 17573.73 USD [+]
GDP From Agriculture 20383.00 20311.00 20562.00 13521.00 CZK Million [+]
GDP From Construction 58673.00 59159.00 80724.00 47136.00 CZK Million [+]
GDP From Manufacturing 285778.00 283157.00 285778.00 85705.00 CZK Million [+]
GDP From Public Administration 139154.00 138635.00 139341.00 121233.00 CZK Million [+]
GDP From Services 195107.00 194903.00 195107.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.80 2.40 -3.50 1996 - 2018 percent Quarterly
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GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Spain 0.70 Mar/18
Switzerland 0.60 Dec/17
Netherlands 0.50 Mar/18
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
France 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Japan -0.20 Mar/18
Russia -0.38 Dec/17
Indonesia -0.42 Mar/18


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