Skyline of Prague, Czech Republic

Czech Republic GDP Q4 2022

Czech Republic: Economy expands at softer pace in Q4

The economy expanded 0.4% in seasonally adjusted year-on-year terms in Q4, following Q3’s 1.5% increase. Sustained inflation, downbeat consumer sentiment and tighter financing conditions hit spending in the quarter. Meanwhile, output decreased 0.3% on a seasonally adjusted quarter-on-quarter basis in Q4, following the 0.2% contraction recorded in Q3.

External demand and capital formation positively contributed to year-on-year growth in Q4, while consumer spending shrank. A detailed breakdown is scheduled to be released on 3 March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest