Czech Republic recorded a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2021. source: Czech Statistical Office

Current Account to GDP in Czech Republic averaged -1.99 percent of GDP from 1993 until 2021, reaching an all time high of 2 percent of GDP in 2020 and a record low of -6.10 percent of GDP in 1996. This page provides - Czech Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Current Account to GDP - values, historical data and charts - was last updated on October of 2022.

Current Account to GDP in Czech Republic is expected to reach 1.20 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Current Account to GDP is projected to trend around -1.00 percent of GDP in 2023, according to our econometric models.

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Czech Republic Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade -22841.00 -13076.00 CZK Million Jul 2022
Current Account to GDP -0.80 2.00 percent of GDP Dec 2021
Imports 356272.00 411279.00 CZK Million Jul 2022
Exports 333431.00 398203.00 CZK Million Jul 2022
Terms of Trade 97.40 98.90 points Jul 2022

Czech Republic Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.80 2.00 2.00 -6.10 1993 - 2021 percent of GDP Yearly
NSA