GDP Preliminary Estimate - 1st quarter of 2026

The gross domestic product (GDP) adjusted for price effects and seasonally adjusted[1] was in the Q1 2026 by 0.2% higher, compared to the previous quarter, according to the preliminary estimate. In comparison to the corresponding quarter of 2025, it increased by 2.1%. 

The quarter-on-quarter GDP growth was positively influenced especially by an increasing gross capital formation. The international trade balance had a negative influence.

“The year-on-year growth of GDP by 2.1% was solely supported by the domestic demand, mainly by final consumption expenditure of households and by gross fixed capital formation. The international trade balance had a negative contribution,” Vladimír Kermiet, Director of the National Accounts Department of the Czech Statistical Office (CZSO), informed.

The development of the gross value added in the quarter-on-quarter comparison was positively influenced by most economic activities of services. A negative influence mainly came from industry. Especially industry and a group of economic activities of trade, transportation, accommodation and food service activities contributed the most to the year-on-year growth of the gross value added.

Employment[2] remained unchanged, quarter-on-quarter. Compared to the corresponding quarter of the previous year, it increased by 0.7%.