Czech Republic GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.8

Units In

0.7

Frequency

Quarterly

Next Release

Sep 30, 2025

Time to Release

2 Months 0 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
7.1 Sep 2020	-8.7 Jun 2020	0.51 %	1995-2025	Czech Statistical Office

In Czech Republic, household consumption is the main component of GDP and accounts for 49 percent of its total use, followed by gross fixed capital formation (25 percent) and government expenditure (19 percent). Exports of goods and services account for 84 percent of GDP while imports account for 77 percent, adding 7 percent of total GDP.

Latest Updates

The Czech Republic's gross domestic product (GDP) grew by 0.2% quarter-on-quarter in the second quarter of 2025, missing market expectations of a 0.4% gain and slowing from a 0.7% expansion recorded in the previous quarter, according to preliminary estimates. This marked the weakest quarterly growth since Q1 2024, with the slowdown largely attributed to a negative contribution from the foreign trade balance. On a more positive note, household final consumption continued to increase, marking its fourth consecutive quarter of growth. On a yearly basis, the Czech economy expanded by 2.4% in Q2 2025, matching the pace seen in the preceding quarter. The annual growth was driven primarily by strong domestic demand, particularly household consumption and gross capital formation.