Current account balance as a share of GDP in Czechia
Czechia: Current account balance as a share of GDP was 1.7% in 2024. ◆ Volatile
Current account balance as a share of GDP in Czechia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in Czechia stood at 1.7%.
Compared with earlier readings it is up 1,438.5% on the previous year and up 690.9% over ten years.
Over the whole period, current account balance as a share of gdp in Czechia peaked at 1.8% in 2020 and was at its lowest, -5.8%, in 2003.
Czechia ranks 65th of 193 countries on this measure, 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 share of GDP in Czechia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.3% | — |
| 2001 | -4.8% | +10.9% |
| 2002 | -5.2% | +7.5% |
| 2003 | -5.8% | +11.6% |
| 2004 | -3.7% | -35.6% |
| 2005 | -2.0% | -44.7% |
| 2006 | -2.6% | +24.9% |
| 2007 | -4.7% | +84.0% |
| 2008 | -1.9% | -60.5% |
| 2009 | -2.4% | +26.3% |
| 2010 | -3.5% | +48.1% |
| 2011 | -2.2% | -37.6% |
| 2012 | -1.5% | -30.9% |
| 2013 | -0.5% | -65.3% |
| 2014 | 0.2% | -142.3% |
| 2015 | 0.5% | +104.5% |
| 2016 | 1.8% | +288.9% |
| 2017 | 1.4% | -22.9% |
| 2018 | 0.5% | -66.7% |
| 2019 | 0.4% | -20.0% |
| 2020 | 1.8% | +397.2% |
| 2021 | -2.0% | -214.5% |
| 2022 | -4.5% | +120.5% |
| 2023 | -0.1% | -97.1% |
| 2024 | 1.7% | -1438.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.7% | -5.8% | -1.9% | 10 |
| 2010s | -0.3% | -3.5% | 1.8% | 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)
- Services, value added (constant LCU), per capita 365,040 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9146 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 32,848 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.39 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 20.01 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 718,788 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Czechia?
- Current account balance as a share of gdp in Czechia was 1.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Czechia?
- The highest recorded value was 1.8% in 2020.
- What is the lowest current account balance as a share of gdp recorded in Czechia?
- The lowest recorded value was -5.8% in 2003.
- How does Czechia rank for current account balance as a share of gdp?
- Czechia ranks 65th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Czechia?
- Over the last ten years it is up 690.9%. The long-run trend across the full record is volatile.
- Where does this Czechia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).