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

The Czech Republic economy advanced 0.4 percent on quarter in the first three months of 2016, the same as in the previous period but lower than an initial estimate of a 0.5 percent expansion. Household consumption increased 0.9 percent (1 percent in the previous quarter) and government spending edged up 0.2 percent (recovering from a 0.5 percent decline in the previous quarter) while gross fixed capital formation shrank 5.6 percent (following a 0.8 percent drop in the previous quarter). Exports rose 1.9 percent (2.7 percent in the previous quarter) while imports grew at a faster 2.6 percent (2 percent in the previous quarter). Year-on-year, the economy expanded 3 percent, down from a preliminary estimate of 3.1 percent and a 4 percent expansion in the last three months of 2015. GDP Growth Rate in Czech Republic averaged 0.56 percent from 1996 until 2016, 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
0.40 0.40 2.40 -3.70 1996 - 2016 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. 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-17 07:00 AM Q1 0.5% 0.4% 0.7% 0.2%
2016-06-03 07:00 AM Q1 0.4% 0.4% 0.5% 0.5%
2016-07-01 07:00 AM Q1 0.4% 0.4% 0.4% 0.4%
2016-08-16 07:00 AM Q2 0.4% 0.8%
2016-09-02 07:00 AM Q2 0.4%
2016-11-15 08:00 AM Q3 0.6%

Czech Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.40 2.40 -3.70 percent [+]
GDP Annual Growth Rate 3.00 4.00 7.30 -5.70 percent [+]
GDP 205.52 208.80 235.21 4.90 USD Billion [+]
GDP Constant Prices 1071.45 1062.38 1071.45 680.18 CZK Billion [+]
Gross National Product 3926642.00 3797896.00 3926642.00 627979.00 CZK MN [+]
Gross Fixed Capital Formation 266.49 281.72 302.73 177.62 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 16644.00 16739.00 21032.00 10625.00 CZK Million [+]
GDP From Construction 58612.00 60964.00 79500.00 49154.00 CZK Million [+]
GDP From Manufacturing 255855.00 251199.00 255855.00 85886.00 CZK Million [+]
GDP From Public Administration 137721.00 140075.00 140075.00 120289.00 CZK Million [+]
GDP From Services 177423.00 175486.00 183132.00 103042.00 CZK Million [+]




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Ireland 2.70 Dec/15
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Peru 1.90 Dec/15
Mozambique 1.80 Mar/16
India 1.70 Dec/15
Moldova 1.70 Mar/16
Romania 1.60 Mar/16
Serbia 1.60 Mar/16
El Salvador 1.55 Dec/15
Tanzania 1.50 Sep/10
Bolivia 1.30 Dec/15
Chile 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Australia 1.10 Mar/16
China 1.10 Mar/16
Ghana 1.10 Mar/16
Malta 1.10 Dec/15
Philippines 1.10 Mar/16
United States 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Cyprus 0.90 Mar/16
Mauritius 0.90 Mar/16
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
Taiwan 0.78 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Denmark 0.70 Mar/16
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
Finland 0.60 Mar/16
France 0.60 Mar/16
Austria 0.50 Mar/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
South Korea 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Tunisia 0.40 Mar/16
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Israel 0.30 Mar/16
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Singapore 0.20 Mar/16
Ecuador 0.10 Dec/15
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
Estonia 0.00 Mar/16
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Argentina -0.70 Mar/16
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16