Czech Republic MarketBeat | Cushman & Wakefield

The Covid-19 global pandemic caused the deepest recession in the Czech Republic since 1991, prompting a GDP contraction of 5.6% in 2020. The second and third waves of the pandemic accompanied by severe restrictions at the beginning of 2021 will have significant implications on the economy throughout this year. However, according to Moody’s Analytics forecasts, we will likely see a recovery with GDP growth expected to reach approximately 4.5% in 2021. The outlook for 2022 is even more optimistic: the GDP could grow by 6.5%. More details in post bellow, or on following link:

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