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Economy of Czech Republic vs France compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $3.16T for France, ranking 44/197 and 7/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $3.58T (113.1% of GDP) in France.

Czech Republic vs France GDP by year

Czech Republic
France
1x
Year GDP, current $
Czech Republic France
2024 $347,034,062,928 $3,160,442,622,465
2023 $345,059,295,660 $3,056,250,648,138
2022 $301,831,228,326 $2,794,788,137,067
2021 $290,972,714,482 $2,966,433,692,008
2020 $251,109,660,603 $2,647,926,055,110
2019 $256,794,209,029 $2,722,793,515,172
2018 $251,992,360,762 $2,781,576,320,884
2017 $221,563,575,696 $2,588,868,323,335
2016 $198,160,659,304 $2,470,407,619,777
2015 $189,107,698,562 $2,442,483,452,643
2014 $210,911,285,078 $2,861,236,112,552
2013 $213,024,360,541 $2,816,077,607,875
2012 $210,363,223,088 $2,683,007,095,787
2011 $231,429,378,717 $2,870,408,553,990
2010 $211,168,667,286 $2,646,230,027,988
2009 $206,971,882,705 $2,700,075,882,519
2008 $236,506,264,754 $2,926,802,941,586
2007 $190,040,702,287 $2,655,816,911,867
2006 $156,236,258,387 $2,317,861,544,691
2005 $137,264,185,596 $2,192,146,403,028
2004 $120,147,899,984 $2,109,792,297,237
2003 $100,435,924,705 $1,835,095,983,049
2002 $82,607,869,610 $1,492,427,756,382
2001 $68,135,304,464 $1,370,376,677,299
2000 $62,175,642,238 $1,360,959,069,477
1999 $65,586,562,605 $1,486,915,879,702
1998 $67,187,217,328 $1,496,906,382,032
1997 $62,539,765,163 $1,449,392,222,971
1996 $67,804,105,330 $1,598,889,216,566
1995 $60,572,381,311 $1,595,219,345,512
1994 $48,188,478,339 $1,385,822,778,828
1993 $41,155,654,032 $1,314,383,368,080
1992 $35,051,065,440 $1,389,663,073,110
1991 $30,071,014,282 $1,258,961,748,634
1990 $41,016,881,802 $1,257,649,439,827
1989 - $1,016,742,237,302
1988 - $1,010,827,662,152
1987 - $926,320,855,615
1986 - $764,946,585,851
1985 - $547,220,981,165
1984 - $525,033,325,828
1983 - $553,356,312,936
1982 - $578,152,310,610
1981 - $609,184,791,792
1980 - $694,529,183,483
1979 - $608,218,624,730
1978 - $501,724,418,605
1977 - $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

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

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

GDP per capita in Czech Republic vs France by year

Czech Republic
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $46,103 $62,557
2023 $31,762 $55,761 $44,700 $60,839
2022 $28,282 $52,947 $40,989 $57,043
2021 $27,696 $47,796 $43,725 $52,517
2020 $23,473 $44,839 $39,170 $49,482
2019 $24,063 $45,614 $40,408 $51,130
2018 $23,706 $41,638 $41,418 $46,381
2017 $20,913 $39,346 $38,687 $44,469
2016 $18,754 $36,445 $37,024 $42,880
2015 $17,932 $34,093 $36,702 $40,905
2014 $20,038 $32,743 $43,148 $40,218
2013 $20,260 $31,013 $42,669 $39,583
2012 $20,014 $29,466 $40,864 $37,671
2011 $22,049 $29,237 $43,930 $37,510
2010 $20,160 $28,154 $40,695 $35,908
2009 $19,817 $27,713 $41,728 $34,685
2008 $22,775 $27,938 $45,465 $35,053
2007 $18,453 $26,268 $41,486 $34,066
2006 $15,259 $23,914 $36,432 $32,424
2005 $13,442 $22,115 $34,696 $30,431
2004 $11,783 $20,988 $33,645 $28,921
2003 $9,852 $19,604 $29,480 $28,024
2002 $8,101 $18,344 $24,145 $28,350
2001 $6,669 $17,709 $22,332 $27,347
2000 $6,063 $16,332 $22,341 $26,007
1999 $6,378 $15,494 $24,576 $24,204
1998 $6,527 $15,064 $24,869 $23,263
1997 $6,069 $14,911 $24,169 $22,190
1996 $6,573 $14,781 $26,758 $21,268
1995 $5,865 $13,957 $26,792 $20,701
1994 $4,663 $12,862 $23,360 $19,892
1993 $3,984 $12,242 $22,239 $19,094
1992 $3,397 $11,963 $23,615 $18,801
1991 $2,917 $11,768 $21,501 $18,198
1990 $3,969 $12,848 $21,586 $17,475
1989 - - $17,547 -
1988 - - $17,550 -
1987 - - $16,176 -
1986 - - $13,430 -
1985 - - $9,657 -
1984 - - $9,312 -
1983 - - $9,862 -
1982 - - $10,360 -
1981 - - $10,956 -
1980 - - $12,565 -
1979 - - $11,063 -
1978 - - $9,167 -
1977 - - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $46,103 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while France ranks 30th at $62,557.

Economic indicators

Czech Republic France
Gross domestic product
$347B
2024
$3.16T
2024
GDP rank
44/197
2024
7/197
2024
GDP growth
1.23%
2023-2024
1.19%
2023-2024
GDP per capita
$31,823
2024
$46,103
2024
GDP per capita rank
39/197
2024
27/197
2024
GDP per capita, PPP
$57,285
2024
$62,557
2024
GDP per capita PPP rank
35/197
2024
30/197
2024
Government debt
$150B
2024
$3.58T
2024
Debt-to-GDP ratio
43.3%
2024
113.1%
2024
Government debt per person
$13,792
2024
$52,165
2024
Government debt per person rank
43/185
2024
8/185
2024
Average annual personal income after taxes
$22,139
2026
$35,669
2026
Market capitalization of domestic companies
$34.6B
2024
$2.37T
2018
Number of millionaires n/a
2,897,000
2025
Number of billionaires
11
2025
52
2025
Income share by richest 10%
21.5%
2023
25%
2023
Income share by poorest 10%
3.8%
2023
3%
2023
Government expenditure, % of GDP
42.8%
2024
57.2%
2024
Consumer prices inflation
2.44%
2023-2024
2%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
7.44%
2024
Population
10649126
68788006

Spending and national debt comparison by year

Czech Republic
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Czech Republic France
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 57.2% 113.1%
2023 43.7% 42.2% 56.8% 109.6%
2022 43% 42.5% 58.4% 111.4%
2021 45% 40.7% 59.5% 112.8%
2020 46.3% 36.9% 61.7% 114.9%
2019 40.4% 29.6% 55.3% 98.1%
2018 40.1% 31.7% 56.4% 98.5%
2017 38.5% 33.8% 57.7% 98.7%
2016 39.4% 36.2% 57.4% 98.1%
2015 41.7% 39.5% 57.6% 96.9%
2014 42.3% 41.5% 58.4% 96.1%
2013 42.4% 44.1% 58.6% 94.5%
2012 44.4% 43.8% 57.9% 91.7%
2011 42.8% 39.4% 57% 88.7%
2010 43.2% 36.7% 57.7% 86.3%
2009 44.5% 33.4% 58% 84.1%
2008 40.9% 28.2% 54.3% 69.8%
2007 40.5% 27.3% 53.6% 65.5%
2006 41.5% 27.6% 53.7% 65.4%
2005 42.3% 27.7% 54.3% 68.2%
2004 42.2% 28.3% 54% 66.9%
2003 49% 28.1% 54.4% 65.4%
2002 44.4% 25.7% 53.9% 61.3%
2001 43.1% 22.6% 52.8% 59.3%
2000 40.6% 16.9% 52.6% 59.7%
1999 40.9% 15.1% 53.7% 61.4%
1998 41.6% 13.9% 54% 62.1%
1997 41.3% 12.1% 55.6% 62%
1996 41.4% 11.5% 56% 60.6%
1995 52.8% 13.5% 56% 57.8%
1994 - - 55.9% 51.6%
1993 - - 56.5% 48.2%
1992 - - 54% 41.7%
1991 - - 52.7% 37.8%
1990 - - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while France spent $1.81T, or 57.2% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 113.1% in France, ranking 124/185 and 14/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

France
1x
Year Deficit/surplus, % of GDP
Czech Republic France
2024 -1.99% -5.77%
2023 -3.73% -5.44%
2022 -3.07% -4.74%
2021 -4.95% -6.58%
2020 -5.65% -8.93%
2019 0.28% -2.39%
2018 0.88% -2.32%
2017 1.46% -3.36%
2016 0.68% -3.76%
2015 -0.67% -3.89%
2014 -2.09% -4.57%
2013 -1.3% -4.94%
2012 -3.92% -5.17%
2011 -2.71% -5.3%
2010 -4.14% -7.16%
2009 -5.46% -7.38%
2008 -2% -3.5%
2007 -0.68% -2.99%
2006 -2.19% -2.66%
2005 -3.06% -3.5%
2004 -2.4% -3.55%
2003 -6.87% -4.09%
2002 -6.34% -3.18%
2001 -5.76% -1.42%
2000 -3.55% -1.32%
1999 -3.08% -1.55%
1998 -4.14% -2.39%
1997 -3.14% -3.71%
1996 -2.98% -3.89%
1995 -12.3% -5.11%
1994 - -5.46%
1993 - -6.4%
1992 - -4.64%
1991 - -2.89%
1990 - -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/france | 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 France's deficit of $182B, or 5.77% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while France ran a deficit in 30 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 4.15% of GDP for France.

Inflation comparison by year

Inflation
Czech Republic

France
1x
Year Consumer prices inflation
Czech Republic France
2024 2.44% 2%
2023 10.7% 4.88%
2022 15.1% 5.22%
2021 3.84% 1.64%
2020 3.16% 0.48%
2019 2.85% 1.11%
2018 2.15% 1.85%
2017 2.45% 1.03%
2016 0.68% 0.18%
2015 0.31% 0.04%
2014 0.34% 0.51%
2013 1.44% 0.86%
2012 3.29% 1.95%
2011 1.92% 2.11%
2010 1.47% 1.53%
2009 1.02% 0.09%
2008 6.36% 2.81%
2007 2.85% 1.49%
2006 2.53% 1.68%
2005 1.86% 1.75%
2004 2.76% 2.14%
2003 0.12% 2.1%
2002 1.9% 1.92%
2001 4.66% 1.63%
2000 3.78% 1.68%
1999 2.14% 0.54%
1998 10.7% 0.65%
1997 8.6% 1.2%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 1.61% in France. In 2024, inflation was 2.44% in the Czech Republic and 2% in France.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $8.67B
Textiles & consumer goods $1B
Metals $646M
Transport & tourism services $642M
Chemicals & pharma $639M
Business & finance services $434M
Raw materials & minerals $380M
IT & IP services $301M
Processed food, beverages & tobacco $289M
Wood & paper products $183M
France
Export category Export value
Machinery & equipment $2.89B
Chemicals & pharma $2.05B
Business & finance services $869M
Metals $600M
Textiles & consumer goods $463M
IT & IP services $332M
Transport & tourism services $315M
Processed food, beverages & tobacco $299M
Raw materials & minerals $199M
Raw agricultural goods $144M

Balance of trade

Czech Republic France
Current account balance
$6.05B
2024
$2.69B
2024
Current account balance ranking
31/190
2024
42/190
2024
Current account balance, % of GDP
+1.74%
2024
+0.09%
2024
Goods imports
$179B
2024
$733B
2024
Goods exports
$197B
2024
$668B
2024
Service imports
$38B
2024
$341B
2024
Service exports
$42.5B
2024
$403B
2024
Imports of goods and services, % of GDP
62.6%
2024
34.2%
2024
Exports of goods and services, % of GDP
68.9%
2024
33.9%
2024

Economic freedom indices

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

Czech Republic France
Economic freedom 73.2 64.6
Economic freedom ranking 25/197 72/197
Property rights 89.8 91.2
Government integrity 64.7 73.4
Judicial effectiveness 92.1 84.7
Tax burden 78.8 54.6
Government spending 44.2 0.9
Fiscal health 82.5 34.8
Business freedom 76.8 78.4
Labor freedom 55.1 59.1
Monetary freedom 75 73.2
Trade freedom 79.4 79.4
Investment freedom 70 75
Financial freedom 70 70

Economic freedom comparison by year

Czech Republic
France
1x
Year Economic freedom index
Czech Republic France
2026 73.2 64.6
2025 72.9 64.4
2024 70.2 62.5
2023 71.9 63.6
2022 74.4 65.9
2021 73.8 65.7
2020 74.8 66
2019 73.7 63.8
2018 74.2 63.9
2017 73.3 63.3
2016 73.2 62.3
2015 72.5 62.5
2014 72.2 63.5
2013 70.9 64.1
2012 69.9 63.2
2011 70.4 64.6
2010 69.8 64.2
2009 69.4 63.3
2008 68.1 64.7
2007 67.4 62.1
2006 66.4 61.1
2005 64.6 60.5
2004 67 60.9
2003 67.5 59.2
2002 66.5 58
2001 70.2 58
2000 68.6 57.4
1999 69.7 59.1
1998 68.4 58.9
1997 68.8 59.1
1996 68.1 63.7
1995 67.8 64.4

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic France
Services, % of GDP
60.2%
2024
70.9%
2024
Industry, % of GDP
29.2%
2024
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
1.3%
2024
GNI, Atlas method
$322B
2024
$3.1T
2024
GNI per capita, PPP
$54,800
2024
$63,880
2024
Total reserves including gold
$146B
2024
$283B
2024
Total reserves ranking
22/177
2024
13/177
2024
Net foreign direct investment
-$1.87B
2024
-$10.3B
2024
Net inflows of foreign direct investment
$13.1B
2024
$52.1B
2024
Net outflows of foreign direct investment
$11.2B
2024
$41.7B
2024
Poverty at national poverty lines
10.2%
2021
15.6%
2021
Gross capital formation, % of GDP
26.3%
2024
21.5%
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/france | 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 (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, 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)

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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.

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.