External debt up by 103 billion year-on-year

The Czech Republic's external debt amounted to CZK 4,495.4 billion at the end of the first quarter, according to data published by the Czech national Bank. The sum amounts to 79.2% of the country’s GDP. It recorded a year-on-year increase of CZK 103.5 billion.

In the first quarter of 2020, the Czech Republic's international investment position (the balance of its financial assets and liabilities with respect to non-residents) recorded an increase in deficit of CZK 378.7 billion to CZK 788 billion at the end of March. The deficit dropped by CZK 363.6 billion in year-on-year terms and represented 13.9% of GDP at current prices.