HighSky Brokers, a.s.
Vodičkova 710/31
110 00 Prague 1
phone: +420 222 767 100
fax: +420 222 767 101
email: office@highsky.com
Please feel free to visit us on any working day from 9:00 am till 6:00 pm
Select department
Responsible for contacts with everyone interested in financial markets
phone: +420 222 767 102
email: sales@highsky.com
Supervised by:
print Gross Domestic Product (GDP) The GDP data is closely followed by the financial markets, as it reflects the overall conditions of the whole Czech economy
| Country: | CZ |
|---|---|
| Impact: | high |
| Current value: | 0 |
| Last value: | 1.8 |
| Change: | 1.8  |
| Minimum value: | -3.4 (1st quarter of 2009) |
| Maximum value: | 2.3 (1st quarter of 2007) |
Rule of thumb
The Czech GDP is driven mainly by export sales (close vicinity to Germany), international investments and internal demand
Gross Domestic Product (GDP) is the popular indicator for the overall performance of the Czech Republic economy. The purpose of the GDP is to measure the end-values of final products and goods and services produced within a country. It is frequently used for comparison of living standards, or monitoring the process of convergence across the European union.
High GDP dynamics is considered as a long-term positive sign of increased economic health, and it is positive for the Czech koruna. On the other hand, an excessive economy growth may lead to increased inflationary pressure and lower real interest rates, which may undermine the interest in the Czech currency.
Periodicity of publication
Eurostat publishes the first release of national accounts (GDP) for a quarter on the first days of the following quarter.