Quarterly Sector Accounts - 4. quarter of 2025

Non-financial corporations: the profit rate decreased

The profit rate in the Q4 2025 was 42.7%, which is by 0.3 percentage point (p. p.) less compared to the previous quarter and by 1.1 p. p.¹ less, year-on-year. The total labour costs of non-financial corporations increased by 7.8%¹, y-o-y. The investment rate increased, q-o-q, by 0.1 p. p. and reached 26.9%. It decreased by 0.9 p. p.¹, year-on-year.

Households: both the income and consumption increased

The total of real monetary and non-monetary income of households per capita increased in the Q4 2025 by 1.4%, q-o-q, and by 2.9%¹ in the year-on-year comparison.

Household real consumption per capita increased by 1.4%, quarter-on-quarter, and in the year-on-year comparison it increased by 3.1%¹.

The average monthly income from employment reached CZK 56 543¹ in the Q4 2025. It increased in real terms by 1.8%, q-o-q; in the y-o-y comparison, it increased by 5.7%¹.

The household saving rate was 19.7% in the Q4 2025, which is by 0.7 p. p. more compared to the previous quarter. In the year-on-year comparison, the saving rate stagnated.

The investment rate in the household sector decreased by 0.4 p. p., quarter-on-quarter, and reached 10.4%. In the y-o-y comparison, the investment rate of households increased by 0.4 p. p.¹

Year 2025

Non-financial corporations: both the profit rate and the investment rate decreased

The profit rate in 2025 reached 43.0%, which was by 1.3 p. p.¹ less, y-o-y. The profit rate in the Czech Republic remained above the average of the European Union, where it reaches approximately 40%. In nominal terms, profits increased, y-o-y, despite an increase of labour costs, which increased by 7.6%¹, year-on-year. The investment rate decreased by 1.0 p. p.¹ compared to that in 2024 and reached 26.6%.

The profit rate and the investment rate of non-financial corporations (%)

Households: both the real income and consumption increased

The household real income per capita increased by 1.1% compared to that in 2024 and the household real consumption per capita increased by 3.0%.

Household real income and expenditure, y-o-y change (%)¹

The average monthly income from employment reached CZK 52 620¹ in 2025 and increased by 4.1%, in real terms, compared to that in 2024.

The saving rate reached 19.1% in 2025 and was by 1.2 p. p.¹ lower than that in 2024. The investment rate in the household sector reached 10.7% in 2025 and thus it increased by 0.1 p. p.¹

Relationship to the rest of the world in 2025: profit from foreign investment reached CZK 602 billion

“The profit from foreign investment (profit belonging to foreign owners of corporations) reached 7.0% of GDP. Foreign owners distributed almost CZK 340 billion in the form of dividends; over CZK 262 billion were reinvested,” Vladimír Kermiet, Director of the National Accounts Department of the Czech Statistical Office (CZSO), said.

On the other hand, the outflow of income from profit was partially compensated by an inflow of income from abroad, especially by income from employment and by subsidies. The balance of primary income from abroad improved by CZK 28 billion, y-o-y, and reached CZK -363 billion.

The gross national income increased in real terms by 1.7% in 2025.

The gross disposable income for the whole economy increased in real terms by 1.4% in 2025.

GDP estimate refinement

New data for the general government sector were also included in the sector accounts for the fourth quarter of 2025, which resulted in a refinement of the estimate of gross domestic product (GDP) growth rates. In the fourth quarter of 2025, the GDP increased by 0.7%, quarter-on-quarter, and by 2.7%, year-on-year. In the year 2025, the GDP increased by 2.6%. For the time series on GDP resources and uses see: https://csu.gov.cz/produkty/hdp_ts.