Czech GDP to grow by 5.1% in 2021.

Published: 19.10.2020 Related countries:  Czech Republic Czech Republic

Czech GDP to grow by 5.1% in 2021.

The GDP in the Czech Republic will likely fall by 6.5% y/y in 2020 and increase by 5.1% in 2021. This stems from a survey published by the International Monetary Fund (IMF). Consumer prices will likely grow by 3.3% in 2020 and 2.4% in 2021. Unemployment will likely grow from 3.1% in 2020 to 3.4% in 2021. Consumer prices will show a decrease of 3.1% (2021: -4.1%). Unemployment will likely decrease from 7.8% in 2020 to 7.1% in 2021.

 

Source ČIA, CzechTrade team Calgary