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Czechia: Imports of goods and services (% of GDP)

In , Czechia's Imports of goods and services (% of GDP) was 62.62.

That's down 1.4% from 2023, the highest value since .

The global average for this indicator in 2024 was 47.94 . Czechia ranks #40 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #18 of 49.

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Czechia Imports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
75.06
Trough
54.57
1-year change
-1.4%
5-year change
-5.2%
-1.1% / yr
10-year change
-16.6%
-1.8% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
62.6168
63.4895
71.6021
66.8281
61.0195
66.0298
69.5319
70.0664
70.4387
74.0058

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Czechia's Imports of goods and services (% of GDP) in 2024?
In 2024, Czechia's Imports of goods and services (% of GDP) was 62.62, according to World Bank Open Data.
Is Czechia's Imports of goods and services (% of GDP) rising or falling?
Czechia's Imports of goods and services (% of GDP) fell 1.4% from 2023 to 2024.
How does Czechia rank globally on Imports of goods and services (% of GDP)?
In 2024, Czechia ranked #40 out of 160 countries reporting Imports of goods and services (% of GDP).
How does Czechia's Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Czechia is above the world average. Within Europe & Central Asia, it ranks #18 of 49.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.