Current account balance as a proportion of GDP in Czechia
Czechia: Current account balance as a proportion of GDP was 1.7% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Czechia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Czechia stood at 1.7%.
Compared with earlier readings it is up 1,489.4% on the previous year and up 702.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Czechia peaked at 1.8% in 2020 and was at its lowest, -5.8%, in 2003.
That places Czechia 68th out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Czechia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.3% | — |
| 2001 | -4.8% | +11.0% |
| 2002 | -5.2% | +7.5% |
| 2003 | -5.8% | +11.6% |
| 2004 | -3.7% | -35.6% |
| 2005 | -2.0% | -44.8% |
| 2006 | -2.6% | +25.0% |
| 2007 | -4.7% | +84.0% |
| 2008 | -1.9% | -60.4% |
| 2009 | -2.4% | +26.2% |
| 2010 | -3.5% | +48.0% |
| 2011 | -2.2% | -37.7% |
| 2012 | -1.5% | -30.8% |
| 2013 | -0.5% | -65.4% |
| 2014 | 0.2% | -141.8% |
| 2015 | 0.4% | +106.0% |
| 2016 | 1.7% | +290.9% |
| 2017 | 1.4% | -22.6% |
| 2018 | 0.5% | -66.6% |
| 2019 | 0.4% | -21.2% |
| 2020 | 1.8% | +401.2% |
| 2021 | -2.0% | -214.6% |
| 2022 | -4.5% | +120.9% |
| 2023 | -0.1% | -97.2% |
| 2024 | 1.7% | -1489.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.7% | -5.8% | -1.9% | 10 |
| 2010s | -0.3% | -3.5% | 1.7% | 10 |
| 2020s | -0.6% | -4.5% | 1.8% | 5 |
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)
- Gross capital formation (current US$), annual growth rate 14.51 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2676 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 9,610 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 7.93 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 5.85 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 210,281 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 4.55 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1656 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Czechia?
- Current account balance as a proportion of gdp in Czechia was 1.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Czechia?
- The highest recorded value was 1.8% in 2020.
- What is the lowest current account balance as a proportion of gdp recorded in Czechia?
- The lowest recorded value was -5.8% in 2003.
- How does Czechia rank for current account balance as a proportion of gdp?
- Czechia ranks 68th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Czechia?
- Over the last ten years it is up 702.9%. The long-run trend across the full record is volatile.
- Where does this Czechia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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