The Gross Domestic Product (GDP) in Czech Republic expanded 0.90 percent on quarter in the first quarter of 2022, following a 0.8 percent expansion in the previous period and beating preliminary estimates of 0.7 percent. Growth was supported mainly by increasing expenditure on the gross fixed capital formation and external demand. source: Czech Statistical Office
GDP Growth Rate in Czech Republic averaged 0.55 percent from 1995 until 2022, reaching an all time high of 7.10 percent in the third quarter of 2020 and a record low of -8.70 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
GDP Growth Rate in Czech Republic is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic GDP Growth Rate is projected to trend around 1.30 percent in 2023 and 0.60 percent in 2024, according to our econometric models.