Czech Republic recorded a government budget deficit of 62978.43 CZK Million in May of 2021. source: Czech National Bank

Government Budget Value in Czech Republic averaged -5857.89 CZK Million from 1992 until 2021, reaching an all time high of 45869.48 CZK Million in January of 2016 and a record low of -79160 CZK Million in December of 2007. This page provides the latest reported value for - Czech Republic Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Czech Republic Government Budget Value - values, historical data and charts - was last updated on June of 2021.

Government Budget Value in Czech Republic is expected to be 4416.21 CZK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Czech Republic to stand at 4084.14 in 12 months time. In the long-term, the Czech Republic Government Budget Value is projected to trend around 4084.14 CZK Million in 2022, according to our econometric models.

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Czech Republic Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-62978.43 -66791.32 45869.48 -79160.00 1992 - 2021 CZK Million Monthly
Current Prices, NSA

Czech Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.10 30.30 44.40 11.60 percent of GDP [+]
Government Budget -6.20 0.30 1.50 -12.40 percent of GDP [+]
Government Budget Value -62978.43 -66791.32 45869.48 -79160.00 CZK Million [+]
Government Spending 253.10 262.44 262.44 168.75 CZK Billion [+]
Government Spending to GDP 47.50 41.40 53.20 39.00 percent of GDP [+]
Government Revenues 111181.57 102082.64 171709.74 16874.00 CZK Million [+]
Government Debt 1740468.00 1734626.00 1840412.00 211777.00 CZK Million [+]
Fiscal Expenditure 174160.00 168873.96 202342.23 9364.00 CZK Million [+]
Military Expenditure 3187.00 2910.00 3413.00 1991.00 USD Million [+]
Credit Rating 83.00 [+]
Asylum Applications 65.00 100.00 200.00 15.00 persons [+]


Czech Republic Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.