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

The Czech economy expanded 2.4 percent year-on-year in the second quarter of 2018, higher than a preliminary estimate of 2.3 percent, slowing from a 4.2 percent in the previous period and above market expectations of 2.3 percent, a final estimate showed. It was the weakest growth rate since the last quarter of 2016. Main drivers of growth were household consumption (3.5 percent), government spending (2.6 percent) and fixed capital formation (7.8 percent). Meanwhile, the contribution of net foreign demand was negative, as exports rose 3.5 percent and imports advanced at a faster 4.4 percent. On a seasonally adjusted quarterly basis, the GDP grew 0.7 percent, above than a preliminary estimate of a 0.5 percent expansion, after expanding 0.5 percent in the prior period and beating market forecasts of a 0.5 percent growth. GDP Annual Growth Rate in Czech Republic averaged 2.52 percent from 1997 until 2018, 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
2018-06-01 07:00 AM GDP Growth Rate YoY Final 4.4% 5.5% 4.5% 4.5%
2018-08-14 07:00 AM GDP Growth Rate YoY Prel 2.3% 4.2% 2.6% 3.2%
2018-08-31 07:00 AM GDP Growth Rate YoY Final 2.4% 4.2% 2.3% 2.3%
2018-11-14 08:00 AM GDP Growth Rate YoY Prel 2.8%
2018-11-30 08:00 AM GDP Growth Rate YoY Final


Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.50 2.40 -3.50 percent [+]
GDP Annual Growth Rate 2.40 4.20 7.30 -5.60 percent [+]
GDP 215.73 195.31 235.72 4.90 USD Billion [+]
GDP Constant Prices 1181.33 1177.19 1181.33 682.71 CZK Billion [+]
Gross National Product 4735267.00 4467763.00 4735267.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 315.71 317.87 317.87 178.10 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 17277.00 20808.00 20808.00 13521.00 CZK Million [+]
GDP From Construction 58978.00 62853.00 80724.00 47136.00 CZK Million [+]
GDP From Manufacturing 287180.00 286170.00 287180.00 85705.00 CZK Million [+]
GDP From Public Administration 143998.00 141453.00 143998.00 121233.00 CZK Million [+]
GDP From Services 202696.00 195896.00 202696.00 104382.00 CZK Million [+]


Czech Republic GDP Annual Growth Rate

In Czech Republic, 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 4.20 7.30 -5.60 1997 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Singapore 3.90 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 2.90 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Spain 2.70 Jun/18
Mexico 2.60 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Italy 1.20 Jun/18
Saudi Arabia 1.15 Mar/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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