Czech Republic GDP
Economy expands in Q1
The economy expanded 0.1% in seasonally adjusted quarter-on-quarter terms in Q2, following Q1’s flat reading. Meanwhile, output decreased 0.6% on a seasonally adjusted year-on-year basis in Q2, following from the 0.5% contraction recorded in Q1.
According to a press release, domestic demand supported quarter-on-quarter growth.
Czech Republic GDP Chart
This chart displays Economic Growth (GDP, annual variation in %) for Czech Republic from 2013 to 2022.
Czech Republic GDP Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | 3.2 | 3.0 | -5.5 | 3.5 | 2.4 |
| GDP (USD bn) | 249 | 253 | 246 | 282 | 290 |
| GDP (EUR bn) | 211 | 226 | 216 | 238 | 276 |
| GDP (CZK bn) | 5,411 | 5,791 | 5,709 | 6,109 | 6,786 |
| Economic Growth (Nominal GDP, ann. var. %) | 5.9 | 7.0 | -1.4 | 7.0 | 11.1 |