Czech Republic Current Account to GDP

Czech Republic recorded a Current Account deficit of 2.90 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Czech Republic is reported by the Eurostat. From 1995 until 2012, Czech Republic Current Account to GDP averaged -4.0 Percent reaching an all time high of -1.3 Percent in December of 2005 and a record low of -6.7 Percent in December of 1996. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Czech Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.90 -3.90 -1.30 -6.70 -1.86 | 2013/12 1995 - 2012 Percent Yearly

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Czech Republic Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account -370.86 2013-11-15 -1631.42 1350.20 -4269.54 -362.92 2014-03-31 EUR Million [+]
Current Account to GDP -2.90 2012-12-31 -3.90 -1.30 -6.70 -1.86 2013-12-31 Percent [+]
Capital Flows 215041.89 2013-11-15 18484.15 215041.89 -42771.50 112762.64 2014-03-31 CZK MN [+]
External Debt 111338.20 2013-12-31 102134.90 111338.20 9132.10 109020.60 2014-03-31 USD Million [+]
Foreign Direct Investment 2698543.02 2013-12-31 2599909.95 2698543.02 83488.70 2744554.75 2014-06-30 CZK Million [+]
Remittances 142.00 2013-08-15 147.00 181.00 0.00 144.07 2013-12-31 EUR Million [+]
Terms of Trade 99.10 2014-01-15 99.10 104.00 91.20 99.17 2014-02-28 Index Points [+]
Balance of Trade 34005.00 2014-02-15 43740.00 43740.00 -39868.00 29823.39 2014-03-31 Million CZK [+]
Exports 283096.00 2014-02-15 290000.00 299083.00 9838.00 305494.49 2014-03-31 Million CZK [+]
Imports 249091.00 2014-02-15 246270.00 264810.00 14204.00 265392.19 2014-03-31 Million CZK [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Czech Republic Producer Prices at 117.10 Index Points  
Producer Prices in Czech Republic decreased to 117.10 Index Points in March of 2014 from 117.30 Index Points in February of 2014. Producer Prices in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Producer Prices Change at -0.85 Percent  
Producer Prices in Czech Republic decreased 0.85 percent in March of 2014 over the same month in the previous year. Producer Prices Change in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Industrial Production MoM at 1.70 Percent  
Industrial Production in Czech Republic increased 1.70 percent in February of 2014 over the previous month. Industrial Production Mom in Czech Republic is reported by the Eurostat.
Czech Republic New Orders at 119.93 Index Points  
New Orders in Czech Republic increased to 119.93 Index Points in February of 2014 from 113.26 Index Points in January of 2014. New Orders in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Remittances at 142.00 EUR Million  
Remittances in Czech Republic decreased to 142 EUR Million in the third quarter of 2013 from 147 EUR Million in the second quarter of 2013. Remittances in Czech Republic is reported by the Eurostat.
Czech Republic Terms of Trade at 99.10 Index Points  
Terms of Trade in Czech Republic remained unchanged at 99.10 Index Points in January of 2014 from 99.10 Index Points in December of 2013. Terms of Trade in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Unemployed Persons at 137291.00  
The number of unemployed persons in Czech Republic decreased to 137291 in March of 2014 from 152507 in February of 2014. Unemployed Persons in Czech Republic is reported by the Ministry of Labour and Social Affairs.
Czech Republic Average Monthly Wages at 26637.00 CZK  
Wages in Czech Republic increased to 26637 CZK in the fourth quarter of 2013 from 24842 CZK in the third quarter of 2013. Wages in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Average Monthly Wages in Manufacturing at 26257.00 CZK  
Wages in Manufacturing in Czech Republic increased to 26257 CZK in the fourth quarter of 2013 from 24450 CZK in the third quarter of 2013. Wages in Manufacturing in Czech Republic is reported by the Czech Statistical Office.
Czech Republic Youth Unemployment Rate at 17.10 Percent  
Youth Unemployment Rate in Czech Republic decreased to 17.10 percent in February of 2014 from 18.20 percent in January of 2014. Youth Unemployment Rate in Czech Republic is reported by the Eurostat.
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