Czech Republic GDP Trends from 1995 to 2024: A overall increase with some decline Flow

Czech Republic's GDP changed from approximately $60B 139M in 1995 to $325B 880M in 2024, showing an overall 441.9% sharply increased during the period.
The lowest GDP was recorded in 1995 at $60B 139M, and the highest in 2023 at $332B 25M.
Over the 29-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.0%.
For comparison, the average annual growth rate of Poland was 6.3%, and that of Slovakia was 7.8%.

Overview of Czech Republic's GDP (1995–2024)

The Gross Domestic Product (GDP) of Czech Republic recorded a 441.9% sharply increased from 1995 to 2024.
The average GDP during this period was $177B 691M, and the median was $201B 915M.
GDP fluctuated within a range of $271B 886M, with a standard deviation of $84B 812M.
The average annual change was $9B 158M.


Czech Republic GDP from 1995 to 2024

The total market value of goods and services produced annually in Czech Republic.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1995, $60B 139M
    • Highest GDP: 2023, $332B 25M
    • Most Recent GDP: 2024, $325B 880M

    Notable Annual GDP Changes

    • 2008: Significant increase in GDP
    • 2009: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Czech Republic's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $252B 548M → $245B 975M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $189B 988M → $207B 558M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $61B 823M → $67B 809M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $62B 171M → $66B 782M
    • Outcome: increased

    Key Economic Indicators of Czech Republic (1995–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1995
    $ 60B 139M
    $ 5,820.04
    $ 14,160.41
    $ 146B 322M
    0 %
    -2.276 %
    31.89 %
    -12.115 %
    10M 333K people
    1996
    $ 67B 388M
    $ 6,529.04
    $ 15,089.42
    $ 155B 743M
    4.525 %
    -6.115 %
    29.99 %
    -2.547 %
    10M 321K people
    1997
    $ 62B 171M
    $ 6,030.63
    $ 15,288.14
    $ 157B 607M
    -0.518 %
    -5.735 %
    27.24 %
    -2.816 %
    10M 309K people
    1998
    $ 66B 782M
    $ 6,484.20
    $ 15,419.82
    $ 158B 811M
    -0.357 %
    -1.878 %
    29.06 %
    -3.73 %
    10M 299K people
    1999
    $ 65B 173M
    $ 6,333.86
    $ 15,869.11
    $ 163B 287M
    1.384 %
    -2.246 %
    27.58 %
    -2.624 %
    10M 290K people
    2000
    $ 61B 823M
    $ 6,015.07
    $ 16,896.82
    $ 173B 667M
    4.001 %
    -4.395 %
    27.55 %
    -3.432 %
    10M 278K people
    2001
    $ 67B 809M
    $ 6,627.10
    $ 17,883.17
    $ 182B 981M
    3.043 %
    -4.826 %
    27.29 %
    -5.426 %
    10M 232K people
    2002
    $ 82B 184M
    $ 8,056.32
    $ 18,501.96
    $ 188B 742M
    1.57 %
    -5.068 %
    25.55 %
    -6.023 %
    10M 201K people
    2003
    $ 100B 125M
    $ 9,823.29
    $ 19,559.73
    $ 199B 365M
    3.584 %
    -5.689 %
    24 %
    -6.442 %
    10M 193K people
    2004
    $ 119B 815M
    $ 11,751.90
    $ 21,047.08
    $ 214B 582M
    4.814 %
    -3.716 %
    26.31 %
    -1.772 %
    10M 195K people
    2005
    $ 137B 143M
    $ 13,446.94
    $ 23,132.13
    $ 235B 921M
    6.602 %
    -2.092 %
    27.46 %
    -2.375 %
    10M 199K people
    2006
    $ 156B 264M
    $ 15,284.67
    $ 25,397.55
    $ 259B 654M
    6.767 %
    -2.453 %
    27.93 %
    -1.528 %
    10M 224K people
    2007
    $ 189B 988M
    $ 18,527.74
    $ 27,456.36
    $ 281B 544M
    5.57 %
    -4.589 %
    27.80 %
    -0.023 %
    10M 254K people
    2008
    $ 237B 131M
    $ 22,925.75
    $ 28,489.29
    $ 294B 677M
    2.686 %
    -1.861 %
    29.47 %
    -1.325 %
    10M 343K people
    2009
    $ 207B 558M
    $ 19,908.15
    $ 27,114.08
    $ 282B 685M
    -4.657 %
    -2.256 %
    24.55 %
    -4.485 %
    10M 426K people
    2010
    $ 209B 70M
    $ 19,983.58
    $ 28,014.28
    $ 293B 88M
    2.435 %
    -3.551 %
    23.81 %
    -3.129 %
    10M 462K people
    2011
    $ 229B 563M
    $ 21,890.78
    $ 29,027.24
    $ 304B 401M
    1.76 %
    -2.087 %
    25.10 %
    -1.636 %
    10M 487K people
    2012
    $ 208B 858M
    $ 19,880.90
    $ 29,269.60
    $ 307B 490M
    -0.785 %
    -1.548 %
    24.81 %
    -2.738 %
    10M 505K people
    2013
    $ 211B 686M
    $ 20,129.62
    $ 30,812.68
    $ 324B 30M
    -0.046 %
    -0.526 %
    24.49 %
    -0.193 %
    10M 516K people
    2014
    $ 209B 359M
    $ 19,915.38
    $ 32,542.45
    $ 342B 100M
    2.262 %
    0.181 %
    26.19 %
    -0.979 %
    10M 512K people