Quarterly Sector Accounts - 1. quarter of 2025
Income of households increased by 0.3%, q-o-q
Publication Date: 27. 06. 2025
Product Code: 050057-25
Non-financial corporations: the investment rate decreased, the profit rate stagnated
The profit rate in the Q1 2025 was 43.4%, which is the same as in the previous quarter and by 1.2 percentage point (p. p.)1 less, year-on-year. The total labour costs of non-financial corporations increased by 7.3%1, y-o-y. The investment rate decreased by 1.7 p. p., q-o-q, and reached 26.2%. It decreased by 0.8 p. p.1, year-on-year.
Households: both the income and consumption increased
“In the first quarter, there was a slight improvement in the financial situation of households – both their income and consumption expenditure increased in real terms. Real income from employment rose further, with a year-on-year growth of 2.8%. Although the saving rate declined, it remains above average compared to previous years,” Vladimír Kermiet, Director of the National Accounts Department of the Czech Statistical Office (CZSO), informed.
The total of real monetary and non-monetary income of households per capita increased in the Q1 2025 by 0.3%, q-o-q; in the y-o-y comparison, it also increased by 0.3%1.
Household real consumption per capita increased by 0.3%, q-o-q; in the year-on-year comparison, it increased by 2.7%1.
The average monthly income from employment reached CZK 50 1241 in the Q1 2025. It increased in real terms by 0.2%, q-o-q; in the y-o-y comparison, it increased by 2.8%1.
The household saving rate was 18.3% in the Q1 2025, which is by 1.5 p. p. less compared to the previous quarter and by 1.2 p. p. less in the year-on-year comparison.
The investment rate in the household sector stagnated, quarter-on-quarter, and reached 10.2%. In the year-on-year comparison, the investment rate of households decreased by 0.6 p. p.1
GDP estimate refinement
At the same time, the gross domestic product (GDP) estimate has been refined. The GDP increased in the Q1 2025 by 0.7%, q-o-q, and in the year-on-year comparison by 2.4%. For the time series of GDP resources and uses see: https://www.czso.cz/csu/czso/hdp_ts.
In accordance with the CZSO’s Data revision policy, annual national accounts for the years 2023 and 2024 have been refined. For more information see: http://apl.czso.cz/pll/rocenka/rocenka.indexnu?mylang=EN. Related to that, relevant quarterly outputs have also been harmonised.
1 seasonally non-adjusted piece of data
All terms are in terms of national accounts; for explanations of terms written in bold italics see: https://apl.czso.cz/nufile/Definitions.pdf.
Notes
Contact person: Vladimír Kermiet, Director of the National Accounts Department, phone number (+420) 274 054 247, e-mail: vladimir.kermiet@csu.gov.cz
Used data sources updated as at: 20 June 2025
Related CZSO’s website: https://csu.gov.cz/quarterly-sector-accounts
Next news release will be published on: 30 September 2025 (Quarterly Sector Accounts for the second quarter of 2025)
Data of quarterly sector accounts are seasonally adjusted unless otherwise stated.
The news releases of Eurostat on quarterly sector accounts are published later. The latest published information for the fourth quarter of 2024 is available at:
https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-28042025-ap,
https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-04042025-ap .
Quarterly sector accounts data are published on the CZSO’s website in the tables of Transactions in products and distributive transactions by sector: http://apl.czso.cz/pll/rocenka/rocenkavyber.kvart_qsa?mylang=EN&oblast=@RU
and quarterly non-financial sector accounts (current and capital accounts):
http://apl.czso.cz/pll/rocenka/rocenkavyber.kvart_qsa_mat?mylang=EN&oblast=@RU