Czech Republic GDP Annual Growth Rate  1997-2018 | Data | Chart | Calendar

The Czech Republic economy advanced 5 percent year-on-year in the third quarter of 2017, above 4.7 percent in the previous period and in line with the preliminary estimate. It was the highest expansion since the third quarter of 2015 amid rising household consumption (by 3.4 percent) and continued growth in investment expenditure (by 7.5 percent). Also, exports grew by 7.2 percent and imports advanced by 7.1 percent while the trade surplus narrowed by CZK 1.1 billion to CZK 87.2 billion compared to the third quarter of 2016. On a quarterly basis, the GDP advanced 0.5 percent, much lower than 2.5 percent in the second quarter. GDP Annual Growth Rate in Czech Republic averaged 2.46 percent from 1997 until 2017, reaching an all time high of 7.30 percent in the second quarter of 2006 and a record low of -5.60 percent in the second quarter of 2009.

Czech Republic GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-01 07:00 AM GDP Growth Rate YoY Final 4.7% 3% 4.5% 4.5%
2017-11-14 08:00 AM GDP Growth Rate YoY Prel 5.0% 4.7% 4.8% 4.9%
2017-12-01 08:00 AM GDP Growth Rate YoY Final 5.0% 4.7% 5.0% 5.0%
2018-02-16 08:00 AM GDP Growth Rate YoY Prel 5.0% 4.80%
2018-03-02 08:00 AM GDP Growth Rate YoY Final 5.0%
2018-05-15 07:00 AM GDP Growth Rate YoY Prel 4.40%


Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 2.50 2.50 -3.50 percent [+]
GDP Annual Growth Rate 5.00 4.70 7.30 -5.60 percent [+]
GDP 192.92 185.16 235.20 4.90 USD Billion [+]
GDP Constant Prices 1160.90 1155.66 1160.90 682.71 CZK Billion [+]
Gross National Product 4467763.00 4255247.00 4467763.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 303.46 304.87 304.87 178.10 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 20288.00 20407.00 20562.00 13521.00 CZK Million [+]
GDP From Construction 59017.00 60174.00 80724.00 47136.00 CZK Million [+]
GDP From Manufacturing 283038.00 279402.00 283038.00 85705.00 CZK Million [+]
GDP From Public Administration 139082.00 139445.00 139445.00 121233.00 CZK Million [+]
GDP From Services 194415.00 195058.00 195058.00 104382.00 CZK Million [+]


Czech Republic GDP Annual Growth Rate

Czech Republic has one of the most developed industrialized economies among the emerging democracies in central and eastern Europe. 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 Annual 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 Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.70 7.30 -5.60 1997 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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