Skip to content

Economy of Costa Rica vs Czech Republic compared: GDP & Debt

Updated on by Georank team

Costa Rica has a GDP of $95.4B compared to $347B for the Czech Republic, ranking 73/197 and 44/197 by economy size, respectively.

Costa Rica has $57B in government debt (59.8% of GDP), compared to $150B (43.3% of GDP) in the Czech Republic.

Costa Rica vs Czech Republic GDP by year

Costa Rica
Czech Republic
1x
Year GDP, current $
Costa Rica Czech Republic
2024 $95,350,423,177 $347,034,062,928
2023 $86,497,941,439 $345,059,295,660
2022 $69,243,626,029 $301,831,228,326
2021 $64,960,725,734 $290,972,714,482
2020 $62,395,610,760 $251,109,660,603
2019 $64,417,670,521 $256,794,209,029
2018 $62,420,164,992 $251,992,360,762
2017 $60,516,044,657 $221,563,575,696
2016 $58,847,019,610 $198,160,659,304
2015 $56,441,920,821 $189,107,698,562
2014 $52,016,408,854 $210,911,285,078
2013 $50,949,668,842 $213,024,360,541
2012 $47,231,655,432 $210,363,223,088
2011 $42,762,613,699 $231,429,378,717
2010 $37,658,616,952 $211,168,667,286
2009 $30,745,714,313 $206,971,882,705
2008 $30,801,745,700 $236,506,264,754
2007 $26,884,700,709 $190,040,702,287
2006 $22,715,540,324 $156,236,258,387
2005 $20,040,642,477 $137,264,185,596
2004 $18,610,594,846 $120,147,899,984
2003 $17,271,760,507 $100,435,924,705
2002 $16,578,820,687 $82,607,869,610
2001 $15,976,174,337 $68,135,304,464
2000 $15,013,629,662 $62,175,642,238
1999 $14,254,866,285 $65,586,562,605
1998 $13,684,255,947 $67,187,217,328
1997 $12,614,602,382 $62,539,765,163
1996 $11,678,424,507 $67,804,105,330
1995 $11,578,594,260 $60,572,381,311
1994 $10,489,903,725 $48,188,478,339
1993 $9,564,815,975 $41,155,654,032
1992 $8,579,754,758 $35,051,065,440
1991 $7,215,725,487 $30,071,014,282
1990 $5,711,687,787 $41,016,881,802
1989 $5,251,025,767 -
1988 $4,614,629,898 -
1987 $4,532,952,047 -
1986 $4,418,983,871 -
1985 $3,919,203,960 -
1984 $3,660,477,856 -
1983 $3,146,772,631 -
1982 $2,606,623,555 -
1981 $2,623,803,096 -
1980 $4,831,447,001 -
1979 $4,035,519,323 -
1978 $3,523,208,810 -
1977 $3,072,427,013 -
1976 $2,412,555,426 -
1975 $1,960,863,466 -
1974 $1,666,544,754 -
1973 $1,528,925,846 -
1972 $1,238,251,696 -
1971 $1,077,147,538 -
1970 $984,830,158 -
1969 $853,630,204 -
1968 $773,841,494 -
1967 $699,456,619 -
1966 $647,305,630 -
1965 $592,981,162 -
1964 $542,578,367 -
1963 $511,902,137 -
1962 $479,180,824 -
1961 $490,325,182 -
1960 $507,513,830 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

GDP per capita in Costa Rica vs Czech Republic by year

Costa Rica
GDP per capita

GDP per capita, PPP
Czech Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Costa Rica Czech Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $18,587 $31,107 $31,823 $57,285
2023 $16,942 $28,909 $31,762 $55,761
2022 $13,626 $26,226 $28,282 $52,947
2021 $12,838 $23,853 $27,696 $47,796
2020 $12,394 $22,100 $23,473 $44,839
2019 $12,885 $23,340 $24,063 $45,614
2018 $12,590 $21,498 $23,706 $41,638
2017 $12,317 $20,499 $20,913 $39,346
2016 $12,091 $19,202 $18,754 $36,445
2015 $11,715 $17,525 $17,932 $34,093
2014 $10,911 $16,394 $20,038 $32,743
2013 $10,803 $15,232 $20,260 $31,013
2012 $10,127 $14,464 $20,014 $29,466
2011 $9,276 $13,614 $22,049 $29,237
2010 $8,266 $12,928 $20,160 $28,154
2009 $6,833 $12,274 $19,817 $27,713
2008 $6,937 $12,472 $22,775 $27,938
2007 $6,138 $11,842 $18,453 $26,268
2006 $5,257 $10,800 $15,259 $23,914
2005 $4,703 $9,899 $13,442 $22,115
2004 $4,431 $9,365 $11,783 $20,988
2003 $4,173 $8,863 $9,852 $19,604
2002 $4,068 $8,461 $8,101 $18,344
2001 $3,985 $8,190 $6,669 $17,709
2000 $3,813 $7,879 $6,063 $16,332
1999 $3,691 $7,563 $6,378 $15,494
1998 $3,617 $7,306 $6,527 $15,064
1997 $3,408 $6,890 $6,069 $14,911
1996 $3,227 $6,568 $6,573 $14,781
1995 $3,275 $6,515 $5,865 $13,957
1994 $3,040 $6,276 $4,663 $12,862
1993 $2,840 $6,025 $3,984 $12,242
1992 $2,612 $5,635 $3,397 $11,963
1991 $2,253 $5,175 $2,917 $11,768
1990 $1,830 $5,021 $3,969 $12,848
1989 $1,725 - - -
1988 $1,555 - - -
1987 $1,567 - - -
1986 $1,569 - - -
1985 $1,429 - - -
1984 $1,372 - - -
1983 $1,213 - - -
1982 $1,032 - - -
1981 $1,068 - - -
1980 $2,021 - - -
1979 $1,735 - - -
1978 $1,556 - - -
1977 $1,393 - - -
1976 $1,123 - - -
1975 $937 - - -
1974 $817 - - -
1973 $769 - - -
1972 $639 - - -
1971 $570 - - -
1970 $536 - - -
1969 $477 - - -
1968 $445 - - -
1967 $414 - - -
1966 $395 - - -
1965 $374 - - -
1964 $354 - - -
1963 $346 - - -
1962 $335 - - -
1961 $356 - - -
1960 $382 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

Costa Rica's GDP per capita is $18,587, ranking 62/197, compared to $31,823 in the Czech Republic, ranking 39/197. Adjusted for purchasing power (GDP per capita PPP), Costa Rica ranks 72nd at $31,107, while the Czech Republic ranks 35th at $57,285.

Economic indicators

Costa Rica Czech Republic
Gross domestic product
$95.4B
2024
$347B
2024
GDP rank
73/197
2024
44/197
2024
GDP growth
4.32%
2023-2024
1.23%
2023-2024
GDP per capita
$18,587
2024
$31,823
2024
GDP per capita rank
62/197
2024
39/197
2024
GDP per capita, PPP
$31,107
2024
$57,285
2024
GDP per capita PPP rank
72/197
2024
35/197
2024
Government debt
$57B
2024
$150B
2024
Debt-to-GDP ratio
59.8%
2024
43.3%
2024
Government debt per person
$11,106
2024
$13,792
2024
Government debt per person rank
50/185
2024
43/185
2024
Average annual personal income after taxes
$12,150
2026
$22,139
2026
Market capitalization of domestic companies
$2.23B
2022
$34.6B
2024
Number of billionaires n/a
11
2025
Income share by richest 10%
34.2%
2024
21.5%
2023
Income share by poorest 10%
1.7%
2024
3.8%
2023
Government expenditure, % of GDP
18.9%
2024
42.8%
2024
Consumer prices inflation
-0.41%
2023-2024
2.44%
2023-2024
Central bank interest rate
3.5%
2025
3.5%
2025
Unemployment rate
6.94%
2024
2.6%
2024
Population
5181862
10649126

Spending and national debt comparison by year

Costa Rica
Spending

Debt
Czech Republic
Spending

Debt
1x
Year % of GDP
Costa Rica Czech Republic
Government spending Government debt Government spending Government debt
2024 18.9% 59.8% 42.8% 43.3%
2023 18.5% 61.1% 43.7% 42.2%
2022 19.2% 63% 43% 42.5%
2021 20.8% 67.6% 45% 40.7%
2020 22.3% 66.9% 46.3% 36.9%
2019 21.7% 56.4% 40.4% 29.6%
2018 18.9% 51.8% 40.1% 31.7%
2017 19.2% 47.1% 38.5% 33.8%
2016 18.8% 44.1% 39.4% 36.2%
2015 18.8% 39.8% 41.7% 39.5%
2014 18.4% 37.4% 42.3% 41.5%
2013 18.5% 35.1% 42.4% 44.1%
2012 17.3% 33.7% 44.4% 43.8%
2011 17.2% 29.5% 42.8% 39.4%
2010 18% 28.1% 43.2% 36.7%
2009 16.7% 26% 44.5% 33.4%
2008 15.2% 24% 40.9% 28.2%
2007 14.6% 27% 40.5% 27.3%
2006 15.2% 33% 41.5% 27.6%
2005 15.9% 37.3% 42.3% 27.7%
2004 17% 41% 42.2% 28.3%
2003 17.6% 40.6% 49% 28.1%
2002 18.6% 41.4% 44.4% 25.7%
2001 17.3% 39.6% 43.1% 22.6%
2000 16.9% 38.9% 40.6% 16.9%
1999 16.7% 39% 40.9% 15.1%
1998 16% 40.7% 41.6% 13.9%
1997 16.3% 30.6% 41.3% 12.1%
1996 17.3% 33.7% 41.4% 11.5%
1995 16.4% 29.1% 52.8% 13.5%
1994 17.4% 27% - -
1993 13.8% 24.4% - -
1992 13.7% 23.3% - -
1991 14% 28.4% - -
1990 18.9% 18.5% - -
1989 26.1% 19.3% - -
1988 24.5% 18.2% - -
1987 27.2% 21.2% - -
1986 26.4% 26.1% - -
1985 21.8% 22.8% - -
1984 22.8% 25.2% - -
1983 23.6% 29.8% - -
1982 18.4% 31.8% - -
1981 21% 32.3% - -
1980 25% 37.7% - -
1979 24.9% 39.5% - -
1978 23.2% 41.7% - -
1977 19.3% 27.8% - -
1976 20.1% 29.5% - -
1975 19.1% 26.1% - -
1974 18.3% 30.3% - -
1973 18.4% 32.8% - -
1972 17.2% 31.8% - -
1971 17.5% 30.4% - -
1970 14.9% 28.6% - -
1969 14.5% 26.1% - -
1968 13.8% 27.7% - -
1967 14.7% 26.7% - -
1966 14.3% 24.8% - -
1965 13.8% 24.1% - -
1964 13.5% 22.7% - -
1963 13.3% 21.8% - -
1962 14% 19.7% - -
1961 13.2% 20.3% - -
1960 12.5% 16.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

In 2024, Costa Rica's government spending was $18B, accounting for 18.9% of its GDP, while the Czech Republic spent $148B, or 42.8% of GDP.

Debt-to-GDP ratio is 59.8% in Costa Rica and 43.3% in the Czech Republic, ranking 79/185 and 124/185, respectively.

Government deficit by year

Deficit/surplus
Costa Rica

Czech Republic
1x
Year Deficit/surplus, % of GDP
Costa Rica Czech Republic
2024 -3.78% -1.99%
2023 -3.25% -3.73%
2022 -2.81% -3.07%
2021 -5.09% -4.95%
2020 -8.38% -5.65%
2019 -6.68% 0.28%
2018 -5.66% 0.88%
2017 -5.88% 1.46%
2016 -5.09% 0.68%
2015 -5.52% -0.67%
2014 -5.45% -2.09%
2013 -5.25% -1.3%
2012 -4.22% -3.92%
2011 -3.91% -2.71%
2010 -4.96% -4.14%
2009 -3.25% -5.46%
2008 0.18% -2%
2007 0.56% -0.68%
2006 -1.04% -2.19%
2005 -2.09% -3.06%
2004 -3.42% -2.4%
2003 -3.43% -6.87%
2002 -4.99% -6.34%
2001 -3.47% -5.76%
2000 -3.68% -3.55%
1999 -2.88% -3.08%
1998 -2.96% -4.14%
1997 -3.39% -3.14%
1996 -4.32% -2.98%
1995 -3.68% -12.3%
1994 -5.46% -
1993 -1.52% -
1992 -1.51% -
1991 -2.41% -
1990 -4.4% -
1989 -1.55% -
1988 0.57% -
1987 -2.57% -
1986 -4.26% -
1985 -1.06% -
1984 -0.5% -
1983 -1.84% -
1982 -0.94% -
1981 -3.14% -
1980 -7.24% -
1979 -6.6% -
1978 -4.12% -
1977 -2.63% -
1976 -2.42% -
1975 -1.13% -
1974 0.26% -
1973 -2.41% -
1972 -4.54% -
1971 -4.72% -
1970 -1.41% -
1969 -1.61% -
1968 -1.72% -
1967 -3.03% -
1966 -2.12% -
1965 -1.71% -
1964 -1.51% -
1963 -2.01% -
1962 -1.99% -
1961 -0.71% -
1960 -0.19% -
1959 0.49% -
1958 0% -
1957 0.3% -
1956 0.05% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1956–1989, retrieved 2026-02-20).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

In 2024, Costa Rica's government deficit, the difference between spending and revenue, was $3.61B, equivalent to 3.78% of GDP. This compares to the Czech Republic's deficit of $6.92B, or 1.99% of GDP.

Over the past 30 years, Costa Rica recorded a fiscal deficit in 28 of those years, while the Czech Republic ran a deficit in 26 years. On average, Costa Rica posted an annual deficit equal to 3.93% of GDP, compared to deficit of 3.16% of GDP for the Czech Republic.

Inflation comparison by year

Inflation
Costa Rica

Czech Republic
1x
Year Consumer prices inflation
Costa Rica Czech Republic
2024 -0.41% 2.44%
2023 0.53% 10.7%
2022 8.27% 15.1%
2021 1.73% 3.84%
2020 0.72% 3.16%
2019 2.1% 2.85%
2018 2.22% 2.15%
2017 1.63% 2.45%
2016 -0.02% 0.68%
2015 0.8% 0.31%
2014 4.52% 0.34%
2013 5.23% 1.44%
2012 4.5% 3.29%
2011 4.88% 1.92%
2010 5.66% 1.47%
2009 7.84% 1.02%
2008 13.4% 6.36%
2007 9.36% 2.85%
2006 11.5% 2.53%
2005 13.8% 1.86%
2004 12.3% 2.76%
2003 9.45% 0.12%
2002 9.17% 1.9%
2001 11.3% 4.66%
2000 11% 3.78%
1999 10% 2.14%
1998 11.7% 10.7%
1997 13.2% 8.6%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

Over the past 28 years, Costa Rica has recorded an average annual inflation rate of 6.66%, compared with 3.62% in the Czech Republic. In 2024, inflation was -0.41% in Costa Rica and 2.44% in the Czech Republic.

Top exports between countries

Costa Rica
Export category Export value
Precious metals & jewellery $41K
Textiles & consumer goods $29K
Processed food, beverages & tobacco $28K
Wood & paper products $27K
Raw agricultural goods $26K
Machinery & equipment $18K
Chemicals & pharma $10K
Czech Republic
Export category Export value
Chemicals & pharma $4.21M
Machinery & equipment $3.72M
Textiles & consumer goods $1.73M
Wood & paper products $1.04M
Miscellaneous $808K
Weapons & explosives $785K
Metals $665K
Processed food, beverages & tobacco $489K
Raw materials & minerals $182K
Animal & marine products $124K

Balance of trade

Costa Rica Czech Republic
Current account balance
-$1.25B
2024
$6.05B
2024
Current account balance ranking
129/190
2024
31/190
2024
Current account balance, % of GDP
-1.31%
2024
+1.74%
2024
Goods imports
$23.1B
2024
$179B
2024
Goods exports
$20.6B
2024
$197B
2024
Service imports
$7.58B
2024
$38B
2024
Service exports
$16.3B
2024
$42.5B
2024
Imports of goods and services, % of GDP
32.8%
2024
62.6%
2024
Exports of goods and services, % of GDP
38.5%
2024
68.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Costa Rica Czech Republic
Economic freedom 69.1 73.2
Economic freedom ranking 43/197 25/197
Property rights 66 89.8
Government integrity 64.1 64.7
Judicial effectiveness 76.9 92.1
Tax burden 78.6 78.8
Government spending 89.3 44.2
Fiscal health 75.6 82.5
Business freedom 79.9 76.8
Labor freedom 55.9 55.1
Monetary freedom 78.2 75
Trade freedom 75 79.4
Investment freedom 50 70
Financial freedom 40 70

Economic freedom comparison by year

Costa Rica
Czech Republic
1x
Year Economic freedom index
Costa Rica Czech Republic
2026 69.1 73.2
2025 68.6 72.9
2024 67.7 70.2
2023 66.5 71.9
2022 65.4 74.4
2021 64.2 73.8
2020 65.8 74.8
2019 65.3 73.7
2018 65.6 74.2
2017 65 73.3
2016 67.4 73.2
2015 67.2 72.5
2014 66.9 72.2
2013 67 70.9
2012 68 69.9
2011 67.3 70.4
2010 65.9 69.8
2009 66.4 69.4
2008 64.2 68.1
2007 64 67.4
2006 65.9 66.4
2005 66.1 64.6
2004 66.4 67
2003 67 67.5
2002 67.5 66.5
2001 67.6 70.2
2000 68.4 68.6
1999 67.4 69.7
1998 65.6 68.4
1997 65.6 68.8
1996 66.4 68.1
1995 68 67.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

The Economic Freedom Index for Costa Rica is 69.1, ranking 43/197, compared to 73.2 for the Czech Republic, ranking 25/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Costa Rica Czech Republic
Services, % of GDP
68.8%
2024
60.2%
2024
Industry, % of GDP
19.7%
2024
29.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.56%
2024
1.9%
2024
GNI, Atlas method
$80.2B
2024
$322B
2024
GNI per capita, PPP
$28,840
2024
$54,800
2024
Total reserves including gold
$14.2B
2024
$146B
2024
Total reserves ranking
70/177
2024
22/177
2024
Net foreign direct investment
-$4.96B
2024
-$1.87B
2024
Net inflows of foreign direct investment
$5.3B
2024
$13.1B
2024
Net outflows of foreign direct investment
$337M
2024
$11.2B
2024
Servicing debt to the IMF, % of GNI
6.31%
2023
n/a
Poverty at national poverty lines
20.3%
2024
10.2%
2021
Gross capital formation, % of GDP
15.7%
2024
26.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/costa-rica/czech-republic | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1956–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.