Fixed Investment in Czech Republic
The Czech Republic recorded an average growth rate in fixed investment of 2.6% in the decade leading to 2022, above the 2.0% average for Eastern Europe. In 2022, fixed investment growth was 3.0%. For more investment information, visit our dedicated page.
Czech Republic Investment Chart
Czech Republic Investment Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Fixed Investment (ann. var. %) | 10.0 | 5.8 | -6.0 | 0.7 | 3.1 |
Economy rebounds in Q4
The economy expanded 0.2% in seasonally adjusted quarter-on-quarter terms in Q4, swinging from Q3’s 0.6% contraction. Meanwhile, output decreased 0.2% on a seasonally adjusted year-on-year basis in Q4, following the 0.8% contraction recorded in Q3.
According to a press release, external demand and consumption expenditure supported quarter-on-quarter growth. Meanwhile, employment decreased by 0.1% quarter on quarter.
Commenting on the outlook, Jiri Polansky, analyst at Erste, stated: “Economic activity should gradually improve over the course of this year. On the one hand, household consumption will recover, positively affected by a fall in inflation and a recovery in real wage growth. On the other hand, external demand will also strengthen in the context of (expected) improved developments in the Euro Area, which will spill over into Czech exports and investment activity. Risks remain elevated and skewed towards lower GDP.”
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Czech investment projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable investment forecast available for Czech investment.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Czech investment projections.
Want to get access to the full dataset of Czech investment forecasts? Send an email to info@focus-economics.com.
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