The Czech current account surplus narrowed to EUR 1.73 billion in the first quarter of 2019 from EUR 2.02 billion in the same period last year, as the goods surplus decreased to EUR 3.00 billion from EUR 3.19 billion while the secondary income deficit rose to EUR 1.05 billion from EUR 0.80 billion. Meanwhile, the services surplus widened to EUR 1.36 billion from EUR 1.23 billion a year ago while the primary income gap shrank to EUR 1.59 billion from EUR 1.60 billion. Current Account in Czech Republic averaged -496.64 EUR Million from 1993 until 2019, reaching an all time high of 4418.70 EUR Million in the first quarter of 2016 and a record low of -4336.40 EUR Million in the third quarter of 2010.

Current Account in Czech Republic is expected to be 180.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Czech Republic to stand at 2550.00 in 12 months time. In the long-term, the Czech Republic Current Account is projected to trend around -370.00 EUR Million in 2020, according to our econometric models.

Czech Republic Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-13 08:00 AM Current Account €327.5M €2194.4M €-670M
2018-12-14 09:00 AM Current Account €-1737.7M €302.2M €-1404M
2019-03-15 09:00 AM Current Account €430.9M €-2037.3M € -420M
2019-06-13 08:00 AM Current Account €1730.9M €430.9M € 3870M
2019-09-13 08:00 AM Current Account €1730.9M € 180M
2019-12-13 09:00 AM Current Account € -1000M


Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 52301.00 45703.00 53712.00 -39868.00 CZK Million [+]
Current Account 1730.90 430.90 4418.70 -4336.40 EUR Million [+]
Current Account to GDP 0.30 1.10 1.60 -6.20 percent [+]
Imports 343419.00 342767.00 400218.00 14204.00 CZK Million [+]
Exports 395720.00 388470.00 434294.00 9838.00 CZK Million [+]
External Debt 169260.00 169310.00 171883.60 8568.30 EUR Million [+]
Terms of Trade 100.40 100.50 104.30 92.60 Index Points [+]
Capital Flows 28789.17 -1941.21 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 114674.21 173269.05 2804688.11 11440.56 CZK Million [+]
Remittances 528.30 563.80 585.30 0.00 EUR Million [+]
Gold Reserves 8.20 8.40 13.87 8.20 Tonnes [+]
Terrorism Index 1.56 1.89 2.48 0.01 [+]
Weapons Sales 64.00 98.00 319.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 7.00 2.00 BBL/D/1K [+]

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Czech Republic Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Czech Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1730.90 430.90 4418.70 -4336.40 1993 - 2019 EUR Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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