Czech Republic current account to gdp

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Czech Republic current account to gdp: 0.2 (-103.28%)
Last Update: December 31, 2023

Czech Republic current account to gdp closed down 0.2 as of December 31, 2023 from -6.1 from the previous month and -2.1 from last year.


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Czech Republic current account to gdp

DateValues
2023-12-31 0.2
2022-12-31 -6.1
2021-12-31 -2.8
2020-12-31 2
2019-12-31 -0.4
2018-12-31 0.4
2017-12-31 1.7
2016-12-31 1.6
2015-12-31 0.2
2014-12-31 0.2
2013-12-31 -0.5
2012-12-31 -1.6
2011-12-31 -2.1
2010-12-31 -3.6
2009-12-31 -2.3
2008-12-31 -1.9
2007-12-31 -4.6
2006-12-31 -2.5
2005-12-31 -2.1
2004-12-31 -3.7
2003-12-31 -5.7
2002-12-31 -5.1
2001-12-31 -4.8
2000-12-31 -4.4

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Czech Republic current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpcz.currentaccountgdp0.2-6.1-103-110UPUP02023-12-31

Czech Republic current account to gdp Factors

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Czech Republic current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Czech Republic current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Czech Republic current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Czech Republic current account to gdp

The Czech Republic's current account to GDP ratio is a measure of the country's trade balance in relation to its overall economic output. A positive current account to GDP ratio indicates that the country is exporting more goods and services than it is importing, leading to a surplus in its trade balance. This can be a sign of a strong and competitive economy, as it means that the country is able to generate income from its exports and is not relying heavily on imports. On the other hand, a negative current account to GDP ratio suggests that the country is importing more than it is exporting, which could indicate a trade deficit and potential economic challenges. Monitoring the current account to GDP ratio is important for policymakers and economists to assess the overall health of a country's economy and its trade relationships with other nations.

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