Czech Republic GDP Growth RateCzech Republic GDP Growth RateCzech Republic GDP Growth Rate

Czech Republic GDP Growth Rate

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Key data points

Last release
Next release
Time to release
Forecast
0.50%
Observation period
Q1 2024
Highest
7.00%Sep 30, 2020
Lowest
−8.90%Jun 30, 2020

About Czech Republic GDP Growth Rate

Category
GDP
Frequency
Quarterly
Units
%
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.