Czech Republic GDP Growth Rate  1996-2016 | Data | Chart | Calendar

The Czech economy showed no growth in the three months to December of 2015, slowing from a 0.7 percent growth in the previous quarter but beating preliminary estimates of 0.1 percent contraction. While household consumption and government spending advanced 0.9 percent and 1.3 percent, respectively, fixed investment shrank 0.9 percent, final figures showed. Compared to the same month a year earlier, the economy expanded 4 percent. Considering full 2015, the GDP advanced 4.3 percent, the highest annual growth rate in eight years. GDP Growth Rate in Czech Republic averaged 0.56 percent from 1996 until 2015, reaching an all time high of 2.40 percent in the first quarter of 2006 and a record low of -3.70 percent in the first quarter of 2009. GDP Growth Rate in Czech Republic is reported by the Czech Statistical Office.

Czech Republic GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.70 2.40 -3.70 1996 - 2015 percent Quarterly
SA
Czech Republic has one of the most developed industrialized economies among the emerging democracies in central and eastern Europe. The auto industry along with its upstream suppliers accounts for nearly 24 percent of total Czech manufacturing. The country produced more than a million cars for the first time in 2010, over 80 percent of which were exported. 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 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 - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-27 08:00 AM Q3 0.5% 1.0% 0.5% 0.5%
2016-02-16 08:00 AM Q4 -0.1% 0.7% 0.4% 0.8%
2016-03-04 08:00 AM Q4 0% 0.7% -0.1% -0.1%
2016-05-17 07:00 AM Q1 0% 0.20%
2016-06-03 07:00 AM Q1 0%
2016-08-16 07:00 AM Q2 0.47%

Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.70 2.40 -3.70 percent [+]
GDP Annual Growth Rate 4.00 4.70 7.30 -5.70 percent [+]
GDP 205.52 208.80 235.21 4.90 USD Billion [+]
GDP Constant Prices 1062.38 1062.56 1062.56 680.18 CZK Billion [+]
Gross National Product 3926642.00 3797896.00 3926642.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 281.72 280.90 302.73 177.62 CZK Billion [+]
GDP per capita 14944.52 14647.53 15170.15 9094.61 USD [+]
GDP per capita PPP 28694.71 28124.46 29127.93 17462.39 USD [+]
GDP From Agriculture 16739.00 16631.00 21032.00 10625.00 CZK Million [+]
GDP From Construction 60964.00 62044.00 79500.00 49154.00 CZK Million [+]
GDP From Manufacturing 251199.00 247258.00 251199.00 85886.00 CZK Million [+]
GDP From Public Administration 140075.00 138877.00 140075.00 120289.00 CZK Million [+]
GDP From Services 175486.00 175344.00 183132.00 103042.00 CZK Million [+]




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Germany 0.30 Dec/15
Netherlands 0.30 Dec/15
Belgium 0.20 Mar/16
Canada 0.20 Dec/15
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Russia -0.57 Sep/15
Iceland -1.10 Dec/15
Jamaica -1.20 Sep/15
Norway -1.20 Dec/15
Brazil -1.40 Dec/15
Indonesia -1.83 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15