In 2016, the gross domestic product (GDP) of the European Union (EU) amounted to €14 800 billion (bn) at current prices. Over half of it was generated by three Member States: Germany (21.1% of the EU total), the United Kingdom (16%) and France (15%), Eurostat data show.

The Czech Republic had a GDP of 1.2% of the EU total. It was 1.1% in 2014, 2015 and 1.2% in 2008-2013.

The share of intra-EU exports on total Czech exports has fallen from 88% in 1999 to 84% in 2016.

Source: David Marek, Deloitte CZ Chief Economist