Czech Republic Trade (% GDP)
Czech Republic's trade (% GDP) fell to 131.92% in 2024, down from 132.96% in 2023, according to World Bank. This represents a decrease of 1.04% from the previous year. The Czech Republic has trade (% GDP) higher than the global median (131.92% vs median 84.49%). Compared with the median in Europe, the Czech Republic is higher (131.92% vs regional median 111.00%) and ranks 16th out of 44 countries in Europe.
Yearly Historical Data (1990-2024)
(in %)Czech Republic Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Czech Republic divided by its total economic output, shown as a percentage.