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.

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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

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
India	8.20	Jun/18	7.7	11.4	-5.2	%	Quarterly
China	6.70	Jun/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.27	Jun/18	5.06	7.16	1.56	%	Quarterly
Turkey	5.20	Jun/18	7.3	11.7	-14.4	%	Quarterly
Singapore	3.90	Jun/18	4.5	19	-8.8	%	Quarterly
Australia	3.40	Jun/18	3.2	9	-3.4	%	Quarterly
Switzerland	3.40	Jun/18	2.9	5.8	-3.7	%	Quarterly
Netherlands	2.90	Jun/18	2.8	6.1	-4.9	%	Quarterly
United States	2.90	Jun/18	2.6	13.4	-3.9	%	Quarterly
South Korea	2.80	Jun/18	2.8	19.6	-7.4	%	Quarterly
Spain	2.70	Jun/18	3	5.6	-4.3	%	Quarterly
Mexico	2.60	Jun/18	1.4	9	-9.1	%	Quarterly
Euro Area	2.10	Jun/18	2.4	5	-5.5	%	Quarterly
Germany	2.00	Jun/18	2.1	7.2	-6.8	%	Quarterly
Canada	1.90	Jun/18	2.3	9.3	-4.1	%	Quarterly
Russia	1.90	Jun/18	1.3	12.1	-11.2	%	Quarterly
France	1.70	Jun/18	2.1	12.6	-3.8	%	Quarterly
United Kingdom	1.30	Jun/18	1.2	9.7	-6.1	%	Quarterly
Italy	1.20	Jun/18	1.4	10.3	-7.2	%	Quarterly
Saudi Arabia	1.15	Mar/18	-1.18	24.2	-20.7	%	Quarterly
Brazil	1.00	Jun/18	1.2	10.1	-5.6	%	Quarterly
Japan	1.00	Jun/18	1	9.4	-8.8	%	Quarterly
South Africa	0.40	Jun/18	0.8	7.1	-2.6	%	Quarterly
Argentina	-4.20	Jun/18	3.9	16.2	-16.3	%	Quarterly