[ Nominal GDP in billions of USD ]
Year -
$347.03 billions
Czech Republic GDP expanded from 1990 to 2024, increasing from $41.02 billion to $347.03 billion.The compound annual growth rate (CAGR) averaged 6.48% over the period. The economy recorded its peak level in 2024 and its lowest level in 1991. Growth volatility remained high. The maximum drawdown reached 26.69%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 347.03 Billions | $ 624.70 Int Billions |
| Growth (YoY) | 0.572% | 3.121% |
| Net Change vs Previous Year | $ 1.97 Billion | $ 18.91 Int Billion |
| % of World GDP | 0.31% | 0.31% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 41.02 | - | - | 132.77 | - | - |
| 1991 | 30.07 | -10.95 | -26.686 % | 121.31 | -11.45 | -8.626 % |
| 1992 | 35.05 | 4.98 | 16.561 % | 123.45 | 2.14 | 1.761 % |
| 1993 | 41.16 | 6.1 | 17.416 % | 126.45 | 3 | 2.434 % |
| 1994 | 48.19 | 7.03 | 17.088 % | 132.91 | 6.46 | 5.107 % |
| 1995 | 60.57 | 12.38 | 25.699 % | 144.14 | 11.23 | 8.449 % |
| 1996 | 67.8 | 7.23 | 11.939 % | 152.47 | 8.33 | 5.777 % |
| 1997 | 62.54 | -5.26 | -7.764 % | 153.65 | 1.18 | 0.773 % |
| 1998 | 67.19 | 4.65 | 7.431 % | 155.07 | 1.43 | 0.928 % |
| 1999 | 65.59 | -1.6 | -2.382 % | 159.34 | 4.27 | 2.751 % |
| 2000 | 62.18 | -3.41 | -5.201 % | 167.49 | 8.15 | 5.115 % |
| 2001 | 68.14 | 5.96 | 9.585 % | 180.93 | 13.44 | 8.026 % |
| 2002 | 82.61 | 14.47 | 21.241 % | 187.05 | 6.12 | 3.384 % |
| 2003 | 100.44 | 17.83 | 21.582 % | 199.84 | 12.79 | 6.838 % |
| 2004 | 120.15 | 19.71 | 19.626 % | 214.02 | 14.17 | 7.092 % |
| 2005 | 137.26 | 17.12 | 14.246 % | 225.82 | 11.8 | 5.514 % |
| 2006 | 156.24 | 18.97 | 13.822 % | 244.86 | 19.04 | 8.43 % |
| 2007 | 190.04 | 33.8 | 21.637 % | 270.53 | 25.67 | 10.484 % |
| 2008 | 236.51 | 46.47 | 24.45 % | 290.12 | 19.6 | 7.244 % |
| 2009 | 206.97 | -29.53 | -12.488 % | 289.44 | -0.69 | -0.237 % |
| 2010 | 211.17 | 4.2 | 2.028 % | 294.89 | 5.46 | 1.886 % |
| 2011 | 231.43 | 20.26 | 9.595 % | 306.88 | 11.98 | 4.063 % |
| 2012 | 210.36 | -21.07 | -9.103 % | 309.71 | 2.83 | 0.922 % |
| 2013 | 213.02 | 2.66 | 1.265 % | 326.08 | 16.37 | 5.286 % |
| 2014 | 210.91 | -2.11 | -0.992 % | 344.64 | 18.56 | 5.691 % |
| 2015 | 189.11 | -21.8 | -10.338 % | 359.55 | 14.91 | 4.326 % |
| 2016 | 198.16 | 9.05 | 4.787 % | 385.09 | 25.54 | 7.104 % |
| 2017 | 221.56 | 23.4 | 11.81 % | 416.85 | 31.76 | 8.247 % |
| 2018 | 251.99 | 30.43 | 13.734 % | 442.61 | 25.76 | 6.18 % |
| 2019 | 256.79 | 4.8 | 1.906 % | 486.79 | 44.18 | 9.981 % |
| 2020 | 251.11 | -5.68 | -2.214 % | 479.69 | -7.1 | -1.459 % |
| 2021 | 290.97 | 39.86 | 15.875 % | 502.13 | 22.45 | 4.68 % |
| 2022 | 301.83 | 10.86 | 3.732 % | 565.06 | 62.92 | 12.531 % |
| 2023 | 345.06 | 43.23 | 14.322 % | 605.79 | 40.74 | 7.209 % |
| 2024 | 347.03 | 1.97 | 0.572 % | 624.7 | 18.91 | 3.121 % |
Between 1990 to 2024, Czech Republic experienced the following economic phases:
The most remarkable growth occurred in 1995 with an increase of 25.699%, while the largest decline was in 1991 at -26.686%.