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GDP Growth in Czech Republic

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Czech Republic's GDP growth amounted to 2.34 % in 2019 according to the the National Statistical Office. This is 0.8400000000000003 % less than in the previous year (3.18 %).

Historically, GDP growth in Czech Republic reached an all time high of 6.77 % in 2006 and an all time low of -11.6 % in 1991. When compared to Czech Republic's main peers, GDP growth in Austria amounted to 1.60 %, 4.93 % in Hungary, 4.15 % in Poland and 2.40 % in Slovakia in 2019.

Czech Republic has been ranked 91st within the group of 174 countries we follow in terms of GDP growth, 55 places above the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.


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