Czech GDP prediction follows from the macroeconomic forecast of the Ministry of Finance of the Czech Republic. Thanks to the recovery abroad, the foreign trade balance should also make a positive contribution.
While household consumption is likely to stagnate, in 2022 its recovery should accelerate economic growth to 3.7 %. Measures taken to prevent the spread of the pandemic caused a decline of the Czech economy, which reached 5.6 % in 2020.
Source: CIA NEWS www.cianews.cz/en
Prepared by the team of CzechTrade office in Indonesia