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Czech Republic GDP Components Analysis 2020-2024

Key Insights

Czech Republic’s GDP at current prices (B1G) demonstrated steady growth from €200.9 billion in 2020 to €292.8 billion in 2024, representing a 45.7% increase over the period. The largest component, Final Consumption Expenditure (P3), expanded from €151.0 billion to €216.3 billion. Gross Fixed Capital Formation (P51G) showed significant growth from €56.3 billion to €85.0 billion, indicating robust investment activity. Both exports (P7) and imports (P6) experienced substantial fluctuations, with exports reaching a peak of €205.5 billion in 2022 before stabilizing around €200.8 billion in 2024.

Chart Information

Chart Type: Line Chart

Time Period: 2020-2024 (Annual data)

Unit: Million EUR at Current Prices

NUTS ID: CZ (Czech Republic)

Colors Used: Primary color #18baa8 with complementary shades for different components

Data Values Used (Million EUR)

Component 2020 2021 2022 2023 2024
GDP (B1G) 200,921.0 224,220.1 261,260.4 293,132.6 292,777.0
Final Consumption (P3) 150,975.1 167,656.1 195,601.5 213,373.5 216,321.9
Gross Fixed Capital Formation (P51G) 56,257.1 64,546.1 79,457.5 89,159.1 84,957.9
Exports (P7) 134,432.4 164,405.3 205,481.3 202,594.4 200,838.3
Imports (P6) 149,284.6 173,561.8 207,798.3 218,273.7 220,888.9

Gross domestic product (GDP) and main components (output, expenditure and income)

CZ (Czechia)

Data-Level: CZ Source: Eurostat - nama_10_gdp dataset. Data extracted for Czech Republic (CZ) covering the period 2020-2024.

Economic structureGDP components

Eurostat
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