The Czech Republic’s current account deficit widened to CZK 38.3 billion in May 2026, up from CZK 17.6 billion in the same month a year earlier, significantly overshooting market expectations of a CZK 25 billion shortfall. This development marked a return to deficit after five consecutive months of current account surpluses.
The primary income account deficit increased to CZK 66.3 billion from CZK 49.8 billion in May 2025, while the secondary income account deficit widened to CZK 7.9 billion from CZK 2.8 billion. At the same time, the goods account surplus narrowed to CZK 24.2 billion from CZK 26.5 billion. By contrast, the services account surplus strengthened, rising to CZK 11.7 billion from CZK 8.4 billion.
