Gross domestic product (GDP) is the key indicator of the economic development. It represents the sum of values added by all branches of activities which are considered productive in the system of national accounts (including market and non-market services). Calculations are made at current prices and results are then converted into constant prices so that development excluding influences due to price changes can be kept track of.
Increase (or decrease) of GDP in constant prices shows by how many % it increased (or decreased) in real terms during surveyed quarter against the same quarter of the previous year.
Gross domestic product
y-o-y increase/decrease in %, 3rd quarter of 2023: -0,7
Release Date: 01 December 2023
Attachments
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⇩ MethodologyDescription of sources and methods used for compilation of quarterly national accounts in the Czech Republic.
| Zdroj dat | www.czso.cz |
|---|---|
| Originál | czso.cz/csu/czso/gross_domestic_product_-gdp- |
