The Gross Domestic Product (GDP) in Czech Republic expanded 1.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. It is the lowest growth since the third quarter of 2016, preliminary estimates showed. Considering full 2019, the economy expanded 2.4%. Czech Republic GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Czech Republic averaged 2.52 percent from 1997 until 2019, reaching an all time high of 7.30 percent in the second quarter of 2006 and a record low of -5.60 percent in the second quarter of 2009. This page provides the latest reported value for - Czech Republic GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Czech Statistical Office
GDP Annual Growth Rate in Czech Republic is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Czech Republic to stand at 2.70 in 12 months time. In the long-term, the Czech Republic GDP Annual Growth Rate is projected to trend around 1.50 percent in 2021, according to our econometric models.