Gross domestic product development

Last quarter's value

Gross domestic product development

CBA Commentary
Quarter-on-quarter GDP growth in Q2-2025 slowed to 0.2% from the previous 0.82% growth. This pace is below its long-run average growth of 0.68% from 1998-2019 and is below the average growth of 0.92% from the pre-pandemic period of 2015-2019. Average quarterly growth over the past four quarters has been 0.58%. In annual terms, GDP grew 2.4% in the latest quarter after a previous 2.5% growth. In the previous year 2024, Czech GDP grew by 1.1% y-o-y.
Source of primary data
CZSO
Note
Data adjusted for working day differences and seasonal effects.
Category
Economics
Data frequency
Quarterly
Comments
Three highlights in the weaker GDP growth of half a percent
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Worse April sentiment does not bring immediate relief for the CNB
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Slower GDP growth in Q2 likely due to weaker June
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Stronger GDP growth in Q1 does not bring a disinflationary break
Economic commentary by Jaromir Šindel, Chief Economist of the CBA
Real wage growth slightly below 4% in Q1, driven by non-market sector
Economic commentary by Jaromir Šindel, Chief Economist of the CBA