Goods and services expense in Czechia
Czechia: Goods and services expense was 205.44 billion current LCU in 2024. ▲ Rising
Goods and services expense in Czechia, 1993–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Czechia recorded 205.44 billion current LCU for goods and services expense in 2024. That is the highest value across all 32 years on record.
The figure is up 7.8% on the previous year and up 66.1% over ten years.
Over the whole period, goods and services expense in Czechia peaked at 205.44 billion current LCU in 2024 and was at its lowest, 47.14 billion current LCU, in 1994.
Czechia ranks 50th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.41 billion current LCU | 47.14 billion current LCU | 71.78 billion current LCU | 7 |
| 2000s | 112.38 billion current LCU | 78.63 billion current LCU | 141.62 billion current LCU | 10 |
| 2010s | 133.29 billion current LCU | 117.37 billion current LCU | 154.52 billion current LCU | 10 |
| 2020s | 180.08 billion current LCU | 163.80 billion current LCU | 205.44 billion current LCU | 5 |
Countries ranked near Czechia
More public sector data for Czechia
- Arms imports 50.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.6% (2024)
- Taxes on income, profits and capital gains 21.9% (2024)
- Taxes on goods and services 27.9% (2024)
- Net investment in nonfinancial assets 2.6% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 8.0% (2024)
- Interest payments 3.1% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is goods and services expense in Czechia?
- Goods and services expense in Czechia was 205.44 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Czechia?
- The highest recorded value was 205.44 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Czechia?
- The lowest recorded value was 47.14 billion current LCU in 1994.
- How does Czechia rank for goods and services expense?
- Czechia ranks 50th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Czechia?
- Over the last ten years it is up 66.1%. The long-run trend across the full record is rising.
- Where does this Czechia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.