Exports of services as a part of balance of payment reached 27.1 USD bil in 2017 in Czech Republic, according to the National Statistical Office. This is 11.6 % more than in the previous year.
Historically, exports of services as a part of balance of payment in Czech Republic reached an all time high of 27.1 USD bil in 2017 and an all time low of 5.56 USD bil in 1993. When compared to Czech Republic's main peers, exports of services as a part of balance of payment in Austria amounted to 66.8 USD bil, 26.9 USD bil in Hungary, 58.7 USD bil in Poland and 10.4 USD bil in Slovakia in 2017.
Czech Republic has been ranked 39th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 3 places behind the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.