Czech Republic recorded a current account deficit of EUR 1738 million in the third quarter of 2018 compared to a EUR 1330 million gap in the same period of the previous year. It is the widest current account gap since the third quarter of 2015, as the goods surplus decreased to EUR 1274.5 million from EUR 1642.3 million and the services surplus also declined to EUR 899.4 million from EUR 1211.3 million, amid lower receipts from transport and financial services. Meanwhile the primary income deficit shrank to EUR 3503.7 million from EUR 3630.1 million and the secondary income gap also narrowed to EUR 407.9 million from EUR 553.6 million in the same period of 2017. Current Account in Czech Republic averaged -520.50 EUR Million from 1993 until 2018, reaching an all time high of 4418.67 EUR Million in the first quarter of 2016 and a record low of -4336.37 EUR Million in the third quarter of 2010.

Current Account in Czech Republic is expected to be -420.00 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 -817.01 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-03-16 09:00 AM Current Account €-26.7M €-1330M €-1230M
2018-06-14 08:00 AM Current Account €2310.8M €-26.7M €4150M
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 €-1737.7M € -420M
2019-06-14 08:00 AM Current Account € 3870M
2019-09-13 08:00 AM Current Account € -470M


Czech Republic Trade Last Previous Highest Lowest Unit
Balance of Trade 36380.00 37917.00 52259.00 -39868.00 CZK Million [+]
Current Account -1737.70 302.20 4418.67 -4336.37 EUR Million [+]
Current Account to GDP 1.10 1.60 1.60 -6.20 percent [+]
Imports 392727.00 329644.00 392727.00 14204.00 CZK Million [+]
Exports 429107.00 367561.00 429107.00 9838.00 CZK Million [+]
External Debt 168625.30 169694.80 171197.30 8568.30 EUR Million [+]
Terms of Trade 99.60 99.60 104.30 92.60 Index Points [+]
Capital Flows 21464.27 -28935.69 181363.90 -58086.58 CZK MN [+]
Foreign Direct Investment 173269.05 11440.56 2804688.11 11440.56 CZK Million [+]
Remittances 563.80 523.10 585.30 0.00 EUR Million [+]
Gold Reserves 9.10 9.30 13.87 9.10 Tonnes [+]
Terrorism Index 1.89 2.18 2.48 0.01 [+]
Weapons Sales 110.00 133.00 320.00 1.00 USD Million [+]
Crude Oil Production 2.00 2.00 7.00 2.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1737.70 302.20 4418.67 -4336.37 1993 - 2018 EUR Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


Related

Latest