Monetary Aggregates and Their Components: Broad Money and Components: M3 for Czech Republic
Growth rate same period previous year, Quarterly
CZEMABMM301GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.74
Year-over-Year Change
-18.18%
Date Range
1/1/1991 - 1/1/2025
Summary
The 'Growth rate same period previous year, Quarterly' series measures the year-over-year change in gross domestic product (GDP) for the Czech Republic on a quarterly basis. This metric is a key indicator of the overall health and momentum of the Czech economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the percentage change in real GDP between a given quarter and the same quarter of the previous year. Economists and policymakers closely monitor this data to assess the pace of economic expansion or contraction and inform decision-making.
Methodology
The data is calculated based on official GDP statistics reported by the Czech Statistical Office.
Historical Context
The GDP growth rate is a widely-watched barometer for the Czech economy and is factored into monetary and fiscal policy deliberations.
Key Facts
- The Czech Republic is a member of the European Union and OECD.
- GDP accounts for over 75% of the Czech Republic's total economic output.
- The Czech economy is heavily industrialized, with a focus on manufacturing and exports.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Quarterly' series tracks the year-over-year percentage change in real gross domestic product (GDP) for the Czech Republic on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This GDP growth metric is a key indicator of the overall health and momentum of the Czech economy, providing valuable insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is calculated by the Czech Statistical Office based on official GDP statistics.
Q: How is this trend used in economic policy?
A: The quarterly GDP growth rate is closely monitored by the Czech National Bank and government officials as they deliberate on monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of several weeks following the end of each quarter, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (CZEMABMM301GYSAQ), retrieved from FRED.