Average economic size of farms by standard output, farm type and age in Czechia
Czechia: Average economic size of farms by standard output, farm type and age was 6.55 billion Euro in 2023. ▲ Rising
Latest (2023)
6.55 billion Euro
Change on year
up 18.4%
World rank
21st
of 40 countries
All-time high
6.55 billion Euro
in 2023
All-time low
3.59 billion Euro
in 2007
Years of data
7
2005–2023
Average economic size of farms by standard output, farm type and age in Czechia, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for average economic size of farms by standard output, farm type and age in Czechia is 6.55 billion Euro, measured in 2023. That is the highest value across all 7 years on record.
The figure is up 18.4% on the previous year and up 47.3% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Czechia peaked at 6.55 billion Euro in 2023 and was at its lowest, 3.59 billion Euro, in 2007.
Czechia ranks 21st of 40 countries on this measure, in the middle of the range.
Average economic size of farms by standard output, farm type and age in Czechia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 3.65 billion Euro | — |
| 2007 | 3.59 billion Euro | -1.6% |
| 2010 | 3.85 billion Euro | +7.2% |
| 2013 | 4.45 billion Euro | +15.4% |
| 2016 | 6.11 billion Euro | +37.3% |
| 2020 | 5.54 billion Euro | -9.4% |
| 2023 | 6.55 billion Euro | +18.4% |
Czechia compared with similar countries
- Czechia's 6.55 billion Euro is below the median for Europe & Central Asia, which is 7.96 billion Euro, 82% of the median. (29 countries reporting)
- Czechia's 6.55 billion Euro is below the median for high income countries, which is 7.66 billion Euro, 86% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.62 billion Euro | 3.59 billion Euro | 3.65 billion Euro | 2 |
| 2010s | 4.80 billion Euro | 3.85 billion Euro | 6.11 billion Euro | 3 |
| 2020s | 6.04 billion Euro | 5.54 billion Euro | 6.55 billion Euro | 2 |
Countries ranked near Czechia
More economy & growth data for Czechia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 8.62 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 791.69 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 10.50 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -22.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 964.82 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.54 % change on previous year (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Czechia?
- Average economic size of farms by standard output, farm type and age in Czechia was 6.55 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Czechia?
- The highest recorded value was 6.55 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Czechia?
- The lowest recorded value was 3.59 billion Euro in 2007.
- How does Czechia rank for average economic size of farms by standard output, farm type and age?
- Czechia ranks 21st out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Czechia?
- Over the last ten years it is up 47.3%. The long-run trend across the full record is rising.
- Where does this Czechia data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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