International Merchandise Trade Statistics: Imports: Commodities for Czechia
Growth rate same period previous year, Quarterly, Seasonally Adjusted
XTIMVA01CZQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.62
Year-over-Year Change
-32.73%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of total value added for the Czech Republic on a quarterly, seasonally adjusted basis. It provides insights into the pace of economic expansion or contraction.
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
The growth rate same period previous year is an important indicator used by economists and policymakers to assess the overall health and trajectory of the Czech economy. It shows the percentage change in total economic output compared to the same quarter of the prior year.
Methodology
The data is collected by the Czech Statistical Office and calculated based on national accounts statistics.
Historical Context
This trend is closely monitored by central banks, finance ministries, and market analysts to gauge macroeconomic performance and inform policy decisions.
Key Facts
- The Czech economy grew 4.9% year-over-year in Q4 2022.
- This was the 8th consecutive quarter of positive growth.
- GDP growth has averaged 3.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of total value added for the Czech Republic on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the overall health and trajectory of the Czech economy, which is closely monitored by policymakers, central banks, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the Czech Statistical Office and calculated based on national accounts statistics.
Q: How is this trend used in economic policy?
A: This trend is used by central banks, finance ministries, and other institutions to gauge macroeconomic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (XTIMVA01CZQ659S), retrieved from FRED.