According to specified estimates, the Czech Republic’s GDP rose 4.0% on the year in Q4 2015. The economic rise in 2015 amounted to 4.3%. The Czech Statistical Office (ESÚ) said the development in gross value added (GVA) also corresponded to the ongoing growth in the local economic performance. In Q4 2015, GVA added 0.5% compared to the previous quarter and 3.8% compared to Q4 2014.