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Economy of Czech Republic vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $124B for the Dominican Republic, ranking 44/197 and 63/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $73.1B (58.8% of GDP) in the Dominican Republic.

Czech Republic vs Dominican Republic GDP by year

Czech Republic
Dominican Republic
1x
Year GDP, current $
Czech Republic Dominican Republic
2024 $347,034,062,928 $124,282,245,639
2023 $345,059,295,660 $120,456,239,154
2022 $301,831,228,326 $113,478,087,135
2021 $290,972,714,482 $94,850,719,517
2020 $251,109,660,603 $78,546,672,407
2019 $256,794,209,029 $89,146,130,745
2018 $251,992,360,762 $84,994,732,049
2017 $221,563,575,696 $79,070,274,743
2016 $198,160,659,304 $75,552,902,636
2015 $189,107,698,562 $70,966,782,572
2014 $210,911,285,078 $67,014,329,100
2013 $213,024,360,541 $62,555,417,415
2012 $210,363,223,088 $60,561,635,556
2011 $231,429,378,717 $57,948,261,616
2010 $211,168,667,286 $53,801,053,353
2009 $206,971,882,705 $48,223,781,477
2008 $236,506,264,754 $48,091,433,554
2007 $190,040,702,287 $43,965,458,509
2006 $156,236,258,387 $37,879,830,084
2005 $137,264,185,596 $35,777,560,684
2004 $120,147,899,984 $22,322,387,382
2003 $100,435,924,705 $21,403,167,848
2002 $82,607,869,610 $27,137,440,786
2001 $68,135,304,464 $25,601,823,688
2000 $62,175,642,238 $24,305,780,629
1999 $65,586,562,605 $22,136,579,397
1998 $67,187,217,328 $21,672,215,547
1997 $62,539,765,163 $20,017,450,041
1996 $67,804,105,330 $18,241,622,548
1995 $60,572,381,311 $16,637,370,839
1994 $48,188,478,339 $14,644,734,599
1993 $41,155,654,032 $13,081,042,400
1992 $35,051,065,440 $11,605,382,504
1991 $30,071,014,282 $9,824,483,340
1990 $41,016,881,802 $7,073,675,545
1989 - $6,686,593,060
1988 - $5,374,299,981
1987 - $5,827,050,753
1986 - $6,122,128,558
1985 - $5,044,579,979
1984 - $11,594,000,000
1983 - $9,220,600,000
1982 - $8,267,400,000
1981 - $7,561,300,000
1980 - $6,761,300,000
1979 - $5,498,800,000
1978 - $4,734,400,000
1977 - $4,587,100,000
1976 - $3,951,500,000
1975 - $3,599,200,000
1974 - $2,925,700,000
1973 - $2,344,800,000
1972 - $1,987,400,000
1971 - $1,666,500,000
1970 - $1,485,500,000
1969 - $1,230,500,000
1968 - $1,079,100,000
1967 - $1,034,800,000
1966 - $983,900,000
1965 - $888,100,000
1964 - $1,025,599,900
1963 - $940,799,900
1962 - $824,100,000
1961 - $654,100,200
1960 - $672,399,700

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

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

GDP per capita in Czech Republic vs Dominican Republic by year

Czech Republic
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $10,876 $27,542
2023 $31,762 $55,761 $10,630 $25,840
2022 $28,282 $52,947 $10,104 $24,626
2021 $27,696 $47,796 $8,527 $22,053
2020 $23,473 $44,839 $7,135 $18,998
2019 $24,063 $45,614 $8,183 $19,767
2018 $23,706 $41,638 $7,883 $17,995
2017 $20,913 $39,346 $7,413 $16,846
2016 $18,754 $36,445 $7,160 $16,282
2015 $17,932 $34,093 $6,801 $14,804
2014 $20,038 $32,743 $6,496 $13,465
2013 $20,260 $31,013 $6,137 $12,414
2012 $20,014 $29,466 $6,014 $11,777
2011 $22,049 $29,237 $5,827 $11,695
2010 $20,160 $28,154 $5,479 $11,246
2009 $19,817 $27,713 $4,974 $10,382
2008 $22,775 $27,938 $5,024 $10,346
2007 $18,453 $26,268 $4,650 $9,951
2006 $15,259 $23,914 $4,055 $9,130
2005 $13,442 $22,115 $3,878 $8,215
2004 $11,783 $20,988 $2,452 $7,375
2003 $9,852 $19,604 $2,383 $7,098
2002 $8,101 $18,344 $3,066 $7,158
2001 $6,669 $17,709 $2,936 $6,848
2000 $6,063 $16,332 $2,831 $6,639
1999 $6,378 $15,494 $2,621 $6,305
1998 $6,527 $15,064 $2,608 $5,963
1997 $6,069 $14,911 $2,449 $5,618
1996 $6,573 $14,781 $2,271 $5,161
1995 $5,865 $13,957 $2,109 $4,871
1994 $4,663 $12,862 $1,892 $4,599
1993 $3,984 $12,242 $1,722 $4,474
1992 $3,397 $11,963 $1,558 $4,151
1991 $2,917 $11,768 $1,346 $3,722
1990 $3,969 $12,848 $989 $3,641
1989 - - $955 -
1988 - - $784 -
1987 - - $868 -
1986 - - $932 -
1985 - - $784 -
1984 - - $1,844 -
1983 - - $1,500 -
1982 - - $1,376 -
1981 - - $1,288 -
1980 - - $1,180 -
1979 - - $984 -
1978 - - $868 -
1977 - - $863 -
1976 - - $763 -
1975 - - $713 -
1974 - - $595 -
1973 - - $490 -
1972 - - $427 -
1971 - - $368 -
1970 - - $338 -
1969 - - $287.7 -
1968 - - $259.6 -
1967 - - $256.2 -
1966 - - $250.9 -
1965 - - $233.2 -
1964 - - $277.3 -
1963 - - $262.2 -
1962 - - $236.8 -
1961 - - $193.9 -
1960 - - $205.7 -

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

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while the Dominican Republic ranks 76th at $27,542.

Economic indicators

Czech Republic Dominican Republic
Gross domestic product
$347B
2024
$124B
2024
GDP rank
44/197
2024
63/197
2024
GDP growth
1.23%
2023-2024
4.95%
2023-2024
GDP per capita
$31,823
2024
$10,876
2024
GDP per capita rank
39/197
2024
83/197
2024
GDP per capita, PPP
$57,285
2024
$27,542
2024
GDP per capita PPP rank
35/197
2024
76/197
2024
Government debt
$150B
2024
$73.1B
2024
Debt-to-GDP ratio
43.3%
2024
58.8%
2024
Government debt per person
$13,792
2024
$6,394
2024
Government debt per person rank
43/185
2024
71/185
2024
Average annual personal income after taxes
$22,139
2026
$6,547
2026
Market capitalization of domestic companies
$34.6B
2024
n/a
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
29.5%
2024
Income share by poorest 10%
3.8%
2023
2.3%
2024
Government expenditure, % of GDP
42.8%
2024
19.5%
2024
Consumer prices inflation
2.44%
2023-2024
3.3%
2023-2024
Central bank interest rate
3.5%
2025
5.5%
2025
Unemployment rate
2.6%
2024
5.31%
2024
Population
10649126
11637906

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Dominican Republic
Spending

Debt
1x
Year % of GDP
Czech Republic Dominican Republic
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 19.5% 58.8%
2023 43.7% 42.2% 19.1% 60.5%
2022 43% 42.5% 18.5% 59.6%
2021 45% 40.7% 18.4% 62.8%
2020 46.3% 36.9% 22.2% 71.8%
2019 40.4% 29.6% 17.8% 53.5%
2018 40.1% 31.7% 16.5% 50.8%
2017 38.5% 33.8% 17.3% 49.5%
2016 39.4% 36.2% 17% 46.7%
2015 41.7% 39.5% 16.7% 44.8%
2014 42.3% 41.5% 17% 45%
2013 42.4% 44.1% 18.5% 46.8%
2012 44.4% 43.8% 19.8% 42.4%
2011 42.8% 39.4% 16% 39.1%
2010 43.2% 36.7% 16.1% 37.4%
2009 44.5% 33.4% 16.2% 36.8%
2008 40.9% 28.2% 18.5% 33.6%
2007 40.5% 27.3% 16.3% 32.9%
2006 41.5% 27.6% 17% 36%
2005 42.3% 27.7% 15.5% 38.3%
2004 42.2% 28.3% 17.3% 34.3%
2003 49% 28.1% 17.2% 48.2%
2002 44.4% 25.7% 16.5% 21.5%
2001 43.1% 22.6% 14.9% 20.4%
2000 40.6% 16.9% 14.1% 16.7%
1999 40.9% 15.1% 13.4% 16%
1998 41.6% 13.9% 12.6% 13.2%
1997 41.3% 12.1% 13.2% 13.8%
1996 41.4% 11.5% 11.4% 23%
1995 52.8% 13.5% 11% 25.7%
1994 - - 12.1% 28.5%
1993 - - 13% 36.1%
1992 - - 10.4% 38.5%
1991 - - 8.65% 47.3%
1990 - - 9.1% 84.7%
1989 - - 11.3% 62.5%
1988 - - 12.8% 77%
1987 - - 11.2% 86.9%
1986 - - 10.4% 63.8%
1985 - - 9.8% 66.3%
1984 - - 9.32% 28.9%
1983 - - 10.2% 32.9%
1982 - - 10.2% 33.1%
1981 - - 12.1% 29.8%
1980 - - 12.8% 15.2%
1979 - - 13.8% 24%
1978 - - 12.3% 20.9%
1977 - - 11.4% 16.4%
1976 - - 12.5% 15.6%
1975 - - 13.7% 13.1%
1974 - - 14.6% 14.6%
1973 - - 13.7% 14.6%
1972 - - 14.1% 16.4%
1971 - - 13.8% 17.8%
1970 - - 13.3% 18%
1969 - - 15.5% 17.4%
1968 - - 15.5% 18.1%
1967 - - 15% 16.2%
1966 - - 15.2% 14.5%
1965 - - 12.8% -
1964 - - 16.7% -
1963 - - 15.1% -
1962 - - 15.7% -
1961 - - 20% -
1960 - - 20.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while the Dominican Republic spent $24.2B, or 19.5% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 58.8% in the Dominican Republic, ranking 124/185 and 83/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Dominican Republic
1x
Year Deficit/surplus, % of GDP
Czech Republic Dominican Republic
2024 -1.99% -3.09%
2023 -3.73% -3.28%
2022 -3.07% -3.25%
2021 -4.95% -2.92%
2020 -5.65% -7.94%
2019 0.28% -3.46%
2018 0.88% -2.17%
2017 1.46% -3.12%
2016 0.68% -3.11%
2015 -0.67% -0.03%
2014 -2.09% -2.76%
2013 -1.3% -4.41%
2012 -3.92% -6.26%
2011 -2.71% -3.07%
2010 -4.14% -2.97%
2009 -5.46% -2.9%
2008 -2% -3.43%
2007 -0.68% 0.28%
2006 -2.19% -1.69%
2005 -3.06% -0.71%
2004 -2.4% -3.6%
2003 -6.87% -4.24%
2002 -6.34% -2.28%
2001 -5.76% -0.73%
2000 -3.55% -0.86%
1999 -3.08% -0.79%
1998 -4.14% -0.29%
1997 -3.14% -0.64%
1996 -2.98% 0.14%
1995 -12.3% 0.82%
1994 - -0.39%
1993 - -0.16%
1992 - 2.35%
1991 - 0.11%
1990 - 0.39%
1989 - -0.09%
1988 - -1.68%
1987 - -0.75%
1986 - -0.57%
1985 - -1.27%
1984 - -0.95%
1983 - -1.74%
1982 - -2.4%
1981 - -1.92%
1980 - -1.82%
1979 - -3.26%
1978 - -0.82%
1977 - 0.15%
1976 - -0.22%
1975 - 1.37%
1974 - -0.93%
1973 - -0.53%
1972 - -1.73%
1971 - -0.85%
1970 - -0.68%
1969 - -0.99%
1968 - -0.99%
1967 - -1.68%
1966 - -2.14%
1965 - -1.84%
1964 - -1.36%
1963 - -0.39%
1962 - -1.17%
1961 - -3%
1960 - -0.61%
1959 - -0.29%
1958 - -1.29%
1957 - 0.21%
1956 - -0.05%
1955 - 1.47%
1954 - 1.43%
1953 - 2.79%
1952 - 0%
1951 - -2.58%
1950 - -3.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

In 2024, the Czech Republic's government deficit, the difference between spending and revenue, was $6.92B, equivalent to 1.99% of GDP. This compares to the Dominican Republic's deficit of $3.84B, or 3.09% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while the Dominican Republic ran a deficit in 27 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 2.43% of GDP for the Dominican Republic.

Inflation comparison by year

Inflation
Czech Republic

Dominican Republic
1x
Year Consumer prices inflation
Czech Republic Dominican Republic
2024 2.44% 3.3%
2023 10.7% 4.79%
2022 15.1% 8.81%
2021 3.84% 8.24%
2020 3.16% 3.78%
2019 2.85% 1.81%
2018 2.15% 3.56%
2017 2.45% 3.28%
2016 0.68% 1.61%
2015 0.31% 0.84%
2014 0.34% 3%
2013 1.44% 4.83%
2012 3.29% 3.69%
2011 1.92% 5.8%
2010 1.47% 6.33%
2009 1.02% 1.44%
2008 6.36% 10.6%
2007 2.85% 6.14%
2006 2.53% 7.57%
2005 1.86% 4.19%
2004 2.76% 51.5%
2003 0.12% 27.4%
2002 1.9% 5.22%
2001 4.66% 8.88%
2000 3.78% 7.72%
1999 2.14% 6.47%
1998 10.7% 4.83%
1997 8.6% 8.3%

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

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 7.64% in the Dominican Republic. In 2024, inflation was 2.44% in the Czech Republic and 3.3% in the Dominican Republic.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $20.1M
Chemicals & pharma $9.43M
Weapons & explosives $1.5M
Textiles & consumer goods $1.36M
Animal & marine products $957K
Metals $948K
Wood & paper products $718K
Raw materials & minerals $515K
Processed food, beverages & tobacco $168K
Raw agricultural goods $54K
Dominican Republic
Export category Export value
Processed food, beverages & tobacco $2.64M
Textiles & consumer goods $210K
Wood & paper products $32K
Raw agricultural goods $18K
Machinery & equipment $13K
Precious metals & jewellery $6K
Animal & marine products $2K
Chemicals & pharma $1K

Balance of trade

Czech Republic Dominican Republic
Current account balance
$6.05B
2024
-$4.17B
2024
Current account balance ranking
31/190
2024
163/190
2024
Current account balance, % of GDP
+1.74%
2024
-3.35%
2024
Goods imports
$179B
2024
$29.8B
2024
Goods exports
$197B
2024
$13.9B
2024
Service imports
$38B
2024
$6.34B
2024
Service exports
$42.5B
2024
$14.7B
2024
Imports of goods and services, % of GDP
62.6%
2024
29%
2024
Exports of goods and services, % of GDP
68.9%
2024
22.8%
2024

Economic freedom indices

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

Czech Republic Dominican Republic
Economic freedom 73.2 63.8
Economic freedom ranking 25/197 77/197
Property rights 89.8 53.9
Government integrity 64.7 39.8
Judicial effectiveness 92.1 58
Tax burden 78.8 84.4
Government spending 44.2 89.1
Fiscal health 82.5 76.6
Business freedom 76.8 71.4
Labor freedom 55.1 53.2
Monetary freedom 75 72.1
Trade freedom 79.4 67.4
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Czech Republic
Dominican Republic
1x
Year Economic freedom index
Czech Republic Dominican Republic
2026 73.2 63.8
2025 72.9 64.3
2024 70.2 62.9
2023 71.9 62.6
2022 74.4 63
2021 73.8 62.1
2020 74.8 60.9
2019 73.7 61
2018 74.2 61.6
2017 73.3 62.9
2016 73.2 61
2015 72.5 61
2014 72.2 61.3
2013 70.9 59.7
2012 69.9 60.2
2011 70.4 60
2010 69.8 60.3
2009 69.4 59.2
2008 68.1 57.7
2007 67.4 56.8
2006 66.4 56.3
2005 64.6 55.1
2004 67 54.6
2003 67.5 57.8
2002 66.5 58.6
2001 70.2 59.1
2000 68.6 59
1999 69.7 58.1
1998 68.4 58.1
1997 68.8 53.5
1996 68.1 58.1
1995 67.8 55.8

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

GeoRank.org/economy/czech-republic/dominican-republic | CC BY

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 63.8 for the Dominican Republic, ranking 77/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Dominican Republic
Services, % of GDP
60.2%
2024
59.8%
2024
Industry, % of GDP
29.2%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
4.45%
2024
GNI, Atlas method
$322B
2024
$117B
2024
GNI per capita, PPP
$54,800
2024
$26,050
2024
Total reserves including gold
$146B
2024
$13.5B
2024
Total reserves ranking
22/177
2024
71/177
2024
Net foreign direct investment
-$1.87B
2024
-$4.52B
2024
Net inflows of foreign direct investment
$13.1B
2024
$4.48B
2024
Net outflows of foreign direct investment
$11.2B
2024
-$47.3M
2024
Servicing debt to the IMF, % of GNI n/a
5.62%
2024
Poverty at national poverty lines
10.2%
2021
19%
2024
Gross capital formation, % of GDP
26.3%
2024
27%
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/czech-republic/dominican-republic | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, 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 (2023–2024, 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.