Skip to content

Economy of Czech Republic vs East Timor compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $1.9B for East Timor, ranking 42/197 and 181/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $273M (14.3% of GDP) in East Timor.

Czech Republic vs East Timor GDP by year

Czech Republic
East Timor
1x
Year GDP, current $
Czech Republic East Timor
2025 $391,026,962,800 $1,902,180,258
2024 $347,082,562,221 $1,865,608,515
2023 $345,059,295,660 $2,079,767,200
2022 $301,831,228,326 $3,208,599,900
2021 $290,972,714,482 $3,625,024,300
2020 $251,109,660,603 $2,162,619,200
2019 $256,794,209,029 $2,032,550,400
2018 $251,992,360,762 $1,555,988,600
2017 $221,563,575,696 $1,584,878,400
2016 $198,160,659,304 $1,640,464,600
2015 $189,107,698,562 $1,590,282,400
2014 $210,911,285,078 $1,447,535,200
2013 $213,024,360,541 $1,395,727,400
2012 $210,363,223,088 $1,160,555,000
2011 $231,429,378,717 $1,042,534,600
2010 $211,168,667,286 $881,909,300
2009 $206,971,882,705 $726,937,800
2008 $236,506,264,754 $648,523,600
2007 $190,040,702,287 $542,795,400
2006 $156,236,258,387 $453,792,400
2005 $137,264,185,596 $462,268,000
2004 $120,147,899,984 $440,772,000
2003 $100,435,924,705 $490,439,100
2002 $82,607,869,610 $469,455,500
2001 $68,135,304,464 $477,359,300
2000 $62,175,642,238 $366,924,300
1999 $65,586,562,605 $225,357,600
1998 $67,187,217,328 $325,729,800
1997 $62,539,765,163 $319,972,700
1996 $67,804,105,330 $306,956,900
1995 $60,572,381,311 $262,819,900
1994 $48,188,478,339 $239,040,500
1993 $41,155,654,032 $216,914,400
1992 $35,051,065,440 $187,891,500
1991 $30,071,014,282 $147,713,000
1990 $41,016,881,802 $128,210,142

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

GDP per capita in Czech Republic vs East Timor by year

Czech Republic
GDP per capita

GDP per capita, PPP
East Timor
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic East Timor
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $1,341 -
2024 $31,828 $57,285 $1,332 $4,423
2023 $31,762 $55,761 $1,502 $4,807
2022 $28,282 $52,947 $2,343 $5,730
2021 $27,696 $47,796 $2,685 $6,825
2020 $23,473 $44,839 $1,631 $6,132
2019 $24,063 $45,614 $1,562 $4,557
2018 $23,706 $41,638 $1,219 $3,561
2017 $20,913 $39,346 $1,266 $3,463
2016 $18,754 $36,445 $1,336 $3,391
2015 $17,932 $34,093 $1,320 $3,108
2014 $20,038 $32,743 $1,225 $2,860
2013 $20,260 $31,013 $1,205 $2,566
2012 $20,014 $29,466 $1,023 $2,386
2011 $22,049 $29,237 $939 $2,066
2010 $20,160 $28,154 $813 $1,955
2009 $19,817 $27,713 $687 $1,810
2008 $22,775 $27,938 $628 $1,675
2007 $18,453 $26,268 $540 $1,516
2006 $15,259 $23,914 $465 $1,377
2005 $13,442 $22,115 $487 $1,435
2004 $11,783 $20,988 $474 $1,379
2003 $9,852 $19,604 $535 $1,355
2002 $8,101 $18,344 $534 $1,417
2001 $6,669 $17,709 $588 $1,619
2000 $6,063 $16,332 $492 $1,483
1999 $6,378 $15,494 $270 $819
1998 $6,527 $15,064 $346 $1,108
1997 $6,069 $14,911 $349 $1,149
1996 $6,573 $14,781 $344 $1,116
1995 $5,865 $13,957 $303 $1,043
1994 $4,663 $12,862 $283.1 $985
1993 $3,984 $12,242 $264.1 $925
1992 $3,397 $11,963 $235.1 $843
1991 $2,917 $11,768 $189.8 $766
1990 $3,969 $12,848 $168.6 $685

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $1,341 in East Timor, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while East Timor ranks 163rd at $4,423.

Economic indicators

Czech Republic East Timor
Gross domestic product
$391B
2025
$1.9B
2025
GDP rank
42/197
2025
181/197
2025
GDP growth
2.58%
2024-2025
6.98%
2024-2025
GDP per capita
$35,917
2025
$1,341
2025
GDP per capita rank
35/197
2025
168/197
2025
GDP per capita, PPP
$57,285
2024
$4,423
2024
GDP per capita PPP rank
35/197
2024
163/197
2024
Government debt
$174B
2025
$273M
2025
Debt-to-GDP ratio
44.6%
2025
14.3%
2025
Government debt per person
$16,026
2025
$192.3
2025
Government debt per person rank
42/185
2025
182/185
2025
Average annual personal income after taxes
$22,312
2026
$1,644
2026
Market capitalization of domestic companies
$55.4B
2025
n/a
Number of billionaires
11
2026
n/a
Income share by richest 10%
21.5%
2023
24%
2014
Income share by poorest 10%
3.8%
2023
4%
2014
Government expenditure, % of GDP
43.5%
2025
93.9%
2025
Consumer prices inflation
2.46%
2024-2025
0.5%
2024-2025
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.8%
2025
1.54%
2022
Population
10742283
1446322

Spending and national debt comparison by year

Czech Republic
Spending

Debt
East Timor
Spending

Debt
1x
Year % of GDP
Czech Republic East Timor
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 93.9% 14.3%
2024 42.9% 43.3% 98% 14.4%
2023 43.7% 42.2% 78.6% 12.4%
2022 43% 42.5% 59.9% 7.9%
2021 45% 40.7% 45.7% 6.53%
2020 46.3% 36.9% 61.7% 10.1%
2019 40.4% 29.6% 68.8% 9.51%
2018 40.1% 31.7% 85.5% 9.31%
2017 38.5% 33.8% 87.3% 6.71%
2016 39.4% 36.2% 112.2% 4.71%
2015 41.7% 39.5% 98.1% 2.95%
2014 42.3% 41.5% 111% 1.52%
2013 42.4% 44.1% 96.1% 0.46%
2012 44.4% 43.8% 129.3% 0.002%
2011 42.8% 39.4% 133.3% 0%
2010 43.2% 36.7% 121.3% 0%
2009 44.5% 33.4% 121.8% 0%
2008 40.9% 28.2% 122.4% 0%
2007 40.5% 27.3% 75.8% 0%
2006 41.5% 27.6% 59.8% 0%
2005 42.3% 27.7% 58.3% 0%
2004 42.2% 28.3% 74.2% 0%
2003 49% 28.1% 80.1% 0%
2002 44.4% 25.7% 93.5% 0%
2001 43.1% 22.6% 95.7% 0%
2000 40.6% 16.9% - -
1999 40.9% 15.1% - -
1998 41.6% 13.9% - -
1997 41.3% 12.1% - -
1996 41.4% 11.5% - -
1995 52.8% 13.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while East Timor spent $1.79B, or 93.9% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 14.3% in East Timor, ranking 119/185 and 178/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

East Timor
1x
Year Deficit/surplus, % of GDP
Czech Republic East Timor
2025 -2.03% -48%
2024 -2.03% -47%
2023 -3.73% -34.7%
2022 -3.07% -29.5%
2021 -4.95% -20.1%
2020 -5.65% -18.9%
2019 0.28% -25.4%
2018 0.88% -26.9%
2017 1.46% -33.8%
2016 0.68% -55.7%
2015 -0.67% -33.2%
2014 -2.09% -37.5%
2013 -1.3% -14.4%
2012 -3.92% -38.7%
2011 -2.71% -25.4%
2010 -4.14% -19.8%
2009 -5.46% -17.2%
2008 -2% -18.6%
2007 -0.68% -29.9%
2006 -2.19% 41%
2005 -3.06% -10.5%
2004 -2.4% -7.48%
2003 -6.87% -8.24%
2002 -6.34% -7.64%
2001 -5.76% 3.24%
2000 -3.55% -
1999 -3.08% -
1998 -4.14% -
1997 -3.14% -
1996 -2.98% -
1995 -12.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

In 2025, the Czech Republic's government deficit, the difference between spending and revenue, was $7.92B, equivalent to 2.03% of GDP. This compares to East Timor's deficit of $914M, or 48% of GDP.

Over the past 25 years, the Czech Republic recorded a fiscal deficit in 21 of those years, while East Timor ran a deficit in 23 years. On average, the Czech Republic posted an annual deficit equal to 2.71% of GDP, compared to deficit of 22.6% of GDP for East Timor.

Inflation comparison by year

Inflation
Czech Republic

East Timor
1x
Year Consumer prices inflation
Czech Republic East Timor
2025 2.46% 0.5%
2024 2.44% 2.1%
2023 10.7% 8.4%
2022 15.1% 7%
2021 3.84% 3.8%
2020 3.16% 0.5%
2019 2.85% 0.9%
2018 2.15% 2.3%
2017 2.45% 0.5%
2016 0.68% -1.5%
2015 0.31% 0.6%
2014 0.34% 0.8%
2013 1.44% 9.5%
2012 3.29% 10.9%
2011 1.92% 13.2%
2010 1.47% 5.2%
2009 1.02% -0.2%
2008 6.36% 7.4%
2007 2.85% 8.6%
2006 2.53% 5.2%
2005 1.86% 1.6%
2004 2.76% 2.2%
2003 0.12% 8%
2002 1.9% 4.1%
2001 4.66% 3.6%
2000 3.78% -
1999 2.14% -
1998 10.7% -
1997 8.6% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2001–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

Over the past 25 years, the Czech Republic has recorded an average annual inflation rate of 3.15%, compared with 4.21% in East Timor. In 2025, inflation was 2.46% in the Czech Republic and 0.5% in East Timor.

Top exports between countries

Czech Republic
Export category Export value
Raw materials & minerals $153K
Machinery & equipment $38K
Textiles & consumer goods $6K
Wood & paper products $2K
East Timor
Export category Export value

Balance of trade

Czech Republic East Timor
Current account balance
$2.44B
2025
-$701M
2025
Current account balance ranking
41/190
2025
109/190
2025
Current account balance, % of GDP
+0.62%
2025
-36.9%
2025
Goods imports
$197B
2025
$842M
2025
Goods exports
$215B
2025
$126M
2025
Service imports
$42.9B
2025
$475M
2025
Service exports
$47.5B
2025
$147M
2025
Imports of goods and services, % of GDP
61.1%
2025
84.9%
2024
Exports of goods and services, % of GDP
66.9%
2025
10.6%
2024

Economic freedom indices

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

Czech Republic East Timor
Economic freedom 73.2 47.9
Economic freedom ranking 25/197 173/197
Property rights 89.8 43.5
Government integrity 64.7 43.9
Judicial effectiveness 92.1 34.5
Tax burden 78.8 97.1
Government spending 44.2 0
Fiscal health 82.5 19.6
Business freedom 76.8 62.7
Labor freedom 55.1 56.5
Monetary freedom 75 72.2
Trade freedom 79.4 79.8
Investment freedom 70 45
Financial freedom 70 20

Economic freedom comparison by year

Czech Republic
East Timor
1x
Year Economic freedom index
Czech Republic East Timor
2026 73.2 47.9
2025 72.9 47.9
2024 70.2 50.2
2023 71.9 47.2
2022 74.4 46.3
2021 73.8 44.7
2020 74.8 45.9
2019 73.7 44.2
2018 74.2 48.1
2017 73.3 46.3
2016 73.2 45.8
2015 72.5 45.5
2014 72.2 43.2
2013 70.9 43.7
2012 69.9 43.3
2011 70.4 42.8
2010 69.8 45.8
2009 69.4 50.5
2008 68.1 -
2007 67.4 -
2006 66.4 -
2005 64.6 -
2004 67 -
2003 67.5 -
2002 66.5 -
2001 70.2 -
2000 68.6 -
1999 69.7 -
1998 68.4 -
1997 68.8 -
1996 68.1 -
1995 67.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | CC BY

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 47.9 for East Timor, ranking 173/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic East Timor
Services, % of GDP
60.8%
2025
71.6%
2024
Industry, % of GDP
28.7%
2025
11.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
20.2%
2024
GNI, Atlas method
$359B
2025
$2.14B
2025
GNI per capita, PPP
$57,870
2025
$5,120
2025
Total reserves including gold
$176B
2025
$851M
2025
Total reserves ranking
21/177
2025
145/177
2025
Net foreign direct investment
-$1.88B
2025
-$253M
2025
Net inflows of foreign direct investment
$13.5B
2024
$225M
2024
Net outflows of foreign direct investment
$12.9B
2024
$4.5M
2024
Servicing debt to the IMF, % of GNI n/a
1.23%
2024
Poverty at national poverty lines
10.2%
2021
41.8%
2014
Gross capital formation, % of GDP
26.8%
2025
30.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/east-timor | 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 (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.