The Czech economy continued to gain momentum in the third quarter. According to updated data from the Czech Statistical Office, GDP rose by 0.8 per cent compared with the previous quarter and by 2.8 per cent year-on-year.
The Czech economy further accelerated in the third quarter of 2025. According to the now available revised estimate, gross domestic product (GDP) increased by 0.8 per cent compared with the previous quarter, and by 2.8 per cent compared with the same period last year. The upswing was driven by both domestic and foreign demand, with private consumption sending a particularly strong signal.
“The updated estimate confirms the continuous growth of the Czech economy. Seasonally and price-adjusted GDP increased by 0.8 per cent compared with the second quarter and by 2.8 per cent year-on-year,” explained Vladimír Kermiet, Head of the National Accounts Department at the Czech Statistical Office (ČSÚ).
Services and Construction Drive Growth
Gross value added rose by 0.9 per cent compared with the previous quarter and by 2.8 per cent year-on-year. Most sectors recorded growth. The construction industry was particularly dynamic, increasing by 4.2 per cent. The information and communication sector also grew significantly, by two per cent. Industry, however, remained stagnant.
Year-on-year, trade, transport, hospitality and accommodation recorded positive developments, with growth of 3.4 per cent. Construction achieved an increase of 9.7 per cent, while information and communication services rose by 7.5 per cent.
Private Consumption Supports Growth – Foreign Trade Shows Significant Surplus
Rising consumer spending and a strong external trade balance gave a noticeable boost to economic performance in the quarterly comparison. Gross fixed capital formation also made a significant contribution to growth year-on-year.
Foreign trade closed the quarter with a surplus of CZK 128.3 billion – around ten billion more than in the same period last year. Exports grew by 3.4 per cent in real terms, while imports increased by 3.7 per cent. Compared with the previous quarter, exports rose by one per cent, while imports remained at the previous quarter’s level.
