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Economy of Czech Republic vs Gabon compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $20.9B for Gabon, ranking 44/197 and 127/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Czech Republic vs Gabon GDP by year

Czech Republic
Gabon
1x
Year GDP, current $
Czech Republic Gabon
2024 $347,034,062,928 $20,895,684,426
2023 $345,059,295,660 $19,388,372,071
2022 $301,831,228,326 $20,440,655,695
2021 $290,972,714,482 $19,444,935,097
2020 $251,109,660,603 $15,342,236,164
2019 $256,794,209,029 $16,874,405,465
2018 $251,992,360,762 $16,867,326,402
2017 $221,563,575,696 $14,929,487,485
2016 $198,160,659,304 $14,023,890,265
2015 $189,107,698,562 $14,383,107,763
2014 $210,911,285,078 $18,203,966,896
2013 $213,024,360,541 $17,595,744,798
2012 $210,363,223,088 $17,170,464,016
2011 $231,429,378,717 $18,210,307,744
2010 $211,168,667,286 $14,372,593,020
2009 $206,971,882,705 $12,113,699,068
2008 $236,506,264,754 $15,571,348,344
2007 $190,040,702,287 $12,455,409,587
2006 $156,236,258,387 $10,327,598,306
2005 $137,264,185,596 $9,582,783,991
2004 $120,147,899,984 $7,770,219,008
2003 $100,435,924,705 $6,511,903,365
2002 $82,607,869,610 $5,335,451,100
2001 $68,135,304,464 $5,023,265,413
2000 $62,175,642,238 $5,080,483,629
1999 $65,586,562,605 $4,662,992,036
1998 $67,187,217,328 $4,483,417,310
1997 $62,539,765,163 $5,326,817,115
1996 $67,804,105,330 $5,694,040,003
1995 $60,572,381,311 $4,958,845,648
1994 $48,188,478,339 $4,190,819,344
1993 $41,155,654,032 $4,378,645,081
1992 $35,051,065,440 $5,592,390,827
1991 $30,071,014,282 $5,402,919,785
1990 $41,016,881,802 $5,952,293,765
1989 - $4,186,411,464
1988 - $3,834,503,376
1987 - $3,281,797,043
1986 - $3,403,638,189
1985 - $3,339,914,757
1984 - $3,561,451,561
1983 - $3,391,275,732
1982 - $3,618,007,841
1981 - $3,862,269,121
1980 - $4,279,637,942
1979 - $3,030,251,120
1978 - $2,389,479,272
1977 - $2,809,349,069
1976 - $3,009,409,974
1975 - $2,157,592,940
1974 - $1,544,216,002
1973 - $722,780,701
1972 - $430,508,359
1971 - $381,687,073
1970 - $323,802,476
1969 - $318,124,701
1968 - $294,468,564
1967 - $271,543,680
1966 - $245,849,781
1965 - $226,474,286
1964 - $215,679,855
1963 - $154,480,244
1962 - $182,796,536
1961 - $167,637,907
1960 - $141,468,978

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

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

GDP per capita in Czech Republic vs Gabon by year

Czech Republic
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $8,230 $21,510
2023 $31,762 $55,761 $7,803 $20,756
2022 $28,282 $52,947 $8,409 $19,993
2021 $27,696 $47,796 $8,181 $18,524
2020 $23,473 $44,839 $6,606 $14,477
2019 $24,063 $45,614 $7,441 $15,950
2018 $23,706 $41,638 $7,624 $15,432
2017 $20,913 $39,346 $6,922 $14,797
2016 $18,754 $36,445 $6,677 $13,998
2015 $17,932 $34,093 $7,047 $14,306
2014 $20,038 $32,743 $9,201 $14,854
2013 $20,260 $31,013 $9,198 $14,498
2012 $20,014 $29,466 $9,297 $14,620
2011 $22,049 $29,237 $10,219 $14,784
2010 $20,160 $28,154 $8,357 $14,015
2009 $19,817 $27,713 $7,291 $13,384
2008 $22,775 $27,938 $9,689 $13,734
2007 $18,453 $26,268 $8,004 $14,391
2006 $15,259 $23,914 $6,847 $13,637
2005 $13,442 $22,115 $6,548 $14,028
2004 $11,783 $20,988 $5,466 $13,638
2003 $9,852 $19,604 $4,711 $13,564
2002 $8,101 $18,344 $3,966 $13,369
2001 $6,669 $17,709 $3,836 $13,556
2000 $6,063 $16,332 $3,983 $13,326
1999 $6,378 $15,494 $3,751 $13,629
1998 $6,527 $15,064 $3,700 $15,138
1997 $6,069 $14,911 $4,509 $14,837
1996 $6,573 $14,781 $4,943 $14,147
1995 $5,865 $13,957 $4,415 $13,750
1994 $4,663 $12,862 $3,828 $13,164
1993 $3,984 $12,242 $4,106 $12,757
1992 $3,397 $11,963 $5,386 $12,312
1991 $2,917 $11,768 $5,345 $12,760
1990 $3,969 $12,848 $6,051 $11,952
1989 - - $4,374 -
1988 - - $4,119 -
1987 - - $3,624 -
1986 - - $3,865 -
1985 - - $3,898 -
1984 - - $4,273 -
1983 - - $4,182 -
1982 - - $4,584 -
1981 - - $5,026 -
1980 - - $5,718 -
1979 - - $4,155 -
1978 - - $3,360 -
1977 - - $4,048 -
1976 - - $4,441 -
1975 - - $3,258 -
1974 - - $2,384 -
1973 - - $1,140 -
1972 - - $693 -
1971 - - $627 -
1970 - - $543 -
1969 - - $545 -
1968 - - $515 -
1967 - - $482 -
1966 - - $443 -
1965 - - $415 -
1964 - - $400 -
1963 - - $290.7 -
1962 - - $348 -
1961 - - $323 -
1960 - - $276.1 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Gabon ranks 90th at $21,510.

Economic indicators

Czech Republic Gabon
Gross domestic product
$347B
2024
$20.9B
2024
GDP rank
44/197
2024
127/197
2024
GDP growth
1.23%
2023-2024
3.39%
2023-2024
GDP per capita
$31,823
2024
$8,230
2024
GDP per capita rank
39/197
2024
93/197
2024
GDP per capita, PPP
$57,285
2024
$21,510
2024
GDP per capita PPP rank
35/197
2024
90/197
2024
Government debt
$150B
2024
$15.2B
2024
Debt-to-GDP ratio
43.3%
2024
72.7%
2024
Government debt per person
$13,792
2024
$5,985
2024
Government debt per person rank
43/185
2024
75/185
2024
Average annual personal income after taxes
$22,139
2026
$5,368
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
27.7%
2017
Income share by poorest 10%
3.8%
2023
2.2%
2017
Government expenditure, % of GDP
42.8%
2024
24.8%
2024
Consumer prices inflation
2.44%
2023-2024
1.17%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
20.4%
2010
Population
10649126
2663339

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Czech Republic Gabon
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 24.8% 72.7%
2023 43.7% 42.2% 21.5% 70.6%
2022 43% 42.5% 19.7% 65.6%
2021 45% 40.7% 17.3% 72.9%
2020 46.3% 36.9% 19.8% 83%
2019 40.4% 29.6% 17.4% 59.8%
2018 40.1% 31.7% 17.1% 62.3%
2017 38.5% 33.8% 18.1% 62.9%
2016 39.4% 36.2% 21.8% 64.5%
2015 41.7% 39.5% 22.3% 44.7%
2014 42.3% 41.5% 23.8% 34.1%
2013 42.4% 44.1% 34.7% 31.1%
2012 44.4% 43.8% 23.9% 21.4%
2011 42.8% 39.4% 22.1% 21.4%
2010 43.2% 36.7% 23.1% 21.3%
2009 44.5% 33.4% 22.6% 26%
2008 40.9% 28.2% 18.9% 20.1%
2007 40.5% 27.3% 19.4% 39.2%
2006 41.5% 27.6% 21.1% 34.9%
2005 42.3% 27.7% 20.8% 41.7%
2004 42.2% 28.3% 20.9% 60.3%
2003 49% 28.1% 21.2% 70.2%
2002 44.4% 25.7% 25.7% 81.1%
2001 43.1% 22.6% 27.8% 81%
2000 40.6% 16.9% 20.3% 72.5%
1999 40.9% 15.1% 25.5% 73.1%
1998 41.6% 13.9% 45.5% 87.6%
1997 41.3% 12.1% 29.7% 57%
1996 41.4% 11.5% 22.2% 64.5%
1995 52.8% 13.5% 25.1% 73.4%
1994 - - 23.9% 71.3%
1993 - - 26.9% 90.1%
1992 - - 26.5% 87.9%
1991 - - 25.1% 89.3%
1990 - - 22.6% 90%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 72.7% in Gabon, ranking 124/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Gabon
1x
Year Deficit/surplus, % of GDP
Czech Republic Gabon
2024 -1.99% -3.84%
2023 -3.73% 1.79%
2022 -3.07% -0.89%
2021 -4.95% -1.93%
2020 -5.65% -2.19%
2019 0.28% 2.13%
2018 0.88% -0.21%
2017 1.46% -1.7%
2016 0.68% -4.71%
2015 -0.67% -1.12%
2014 -2.09% 5.98%
2013 -1.3% -3.07%
2012 -3.92% 6.2%
2011 -2.71% 1.41%
2010 -4.14% 2.7%
2009 -5.46% 6.77%
2008 -2% 11%
2007 -0.68% 8.06%
2006 -2.19% 8.67%
2005 -3.06% 7.98%
2004 -2.4% 6.99%
2003 -6.87% 7.75%
2002 -6.34% 3.72%
2001 -5.76% 4.07%
2000 -3.55% 11.1%
1999 -3.08% 1.11%
1998 -4.14% -13.1%
1997 -3.14% 1.41%
1996 -2.98% 2.12%
1995 -12.3% 2.64%
1994 - -1.53%
1993 - -5.35%
1992 - -4.9%
1991 - -2.03%
1990 - -3.83%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/gabon | 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 Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Gabon ran a deficit in 10 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to surplus of 2.36% of GDP for Gabon.

Inflation comparison by year

Inflation
Czech Republic

Gabon
1x
Year Consumer prices inflation
Czech Republic Gabon
2024 2.44% 1.17%
2023 10.7% 3.63%
2022 15.1% 4.23%
2021 3.84% 1.09%
2020 3.16% 1.35%
2019 2.85% 2.46%
2018 2.15% 4.75%
2017 2.45% 2.65%
2016 0.68% 2.11%
2015 0.31% -0.34%
2014 0.34% 4.69%
2013 1.44% 0.51%
2012 3.29% 2.65%
2011 1.92% 1.26%
2010 1.47% 1.46%
2009 1.02% 1.89%
2008 6.36% 5.26%
2007 2.85% 5.03%
2006 2.53% -1.41%
2005 1.86% 3.71%
2004 2.76% 0.41%
2003 0.12% 2.24%
2002 1.9% 0.04%
2001 4.66% 2.14%
2000 3.78% 0.5%
1999 2.14% -1.94%
1998 10.7% 1.45%
1997 8.6% 3.97%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 2.03% in Gabon. In 2024, inflation was 2.44% in the Czech Republic and 1.17% in Gabon.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $3.16M
Chemicals & pharma $379K
Raw materials & minerals $243K
Metals $153K
Animal & marine products $115K
Textiles & consumer goods $101K
Miscellaneous $100K
Wood & paper products $12K
Weapons & explosives $11K
Precious metals & jewellery $2K
Gabon
Export category Export value
Machinery & equipment $8.65M
Textiles & consumer goods $2K
Raw materials & minerals $1K

Balance of trade

Czech Republic Gabon
Current account balance
$6.05B
2024
$141M
2015
Current account balance ranking
31/190
2024
66/190
2015
Current account balance, % of GDP
+1.74%
2024
+0.98%
2015
Goods imports
$179B
2024
$3.17B
2015
Goods exports
$197B
2024
$5.11B
2015
Service imports
$38B
2024
$1.88B
2015
Service exports
$42.5B
2024
$277M
2015
Imports of goods and services, % of GDP
62.6%
2024
27.5%
2024
Exports of goods and services, % of GDP
68.9%
2024
64.6%
2024

Economic freedom indices

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

Czech Republic Gabon
Economic freedom 73.2 56.6
Economic freedom ranking 25/197 120/197
Property rights 89.8 30
Government integrity 64.7 22.6
Judicial effectiveness 92.1 19.9
Tax burden 78.8 76.5
Government spending 44.2 85.5
Fiscal health 82.5 87.9
Business freedom 76.8 63.6
Labor freedom 55.1 55.4
Monetary freedom 75 80.9
Trade freedom 79.4 57.4
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Czech Republic
Gabon
1x
Year Economic freedom index
Czech Republic Gabon
2026 73.2 56.6
2025 72.9 56.3
2024 70.2 56.9
2023 71.9 56.1
2022 74.4 55.8
2021 73.8 58.1
2020 74.8 56.7
2019 73.7 56.3
2018 74.2 58
2017 73.3 58.6
2016 73.2 59
2015 72.5 58.3
2014 72.2 57.8
2013 70.9 57.8
2012 69.9 56.4
2011 70.4 56.7
2010 69.8 55.4
2009 69.4 55
2008 68.1 54.2
2007 67.4 54.8
2006 66.4 56.1
2005 64.6 54.8
2004 67 57.1
2003 67.5 58.7
2002 66.5 58
2001 70.2 55
2000 68.6 58.2
1999 69.7 60.5
1998 68.4 59.2
1997 68.8 58.8
1996 68.1 55.7
1995 67.8 57.5

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Gabon
Services, % of GDP
60.2%
2024
36.8%
2024
Industry, % of GDP
29.2%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
6.56%
2024
GNI, Atlas method
$322B
2024
$19.8B
2024
GNI per capita, PPP
$54,800
2024
$20,400
2024
Total reserves including gold
$146B
2024
$1.45B
2023
Total reserves ranking
22/177
2024
136/177
2023
Net foreign direct investment
-$1.87B
2024
-$25.3M
2015
Net inflows of foreign direct investment
$13.1B
2024
$1.14B
2024
Net outflows of foreign direct investment
$11.2B
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI n/a
5.67%
2024
Poverty at national poverty lines
10.2%
2021
33.4%
2017
Gross capital formation, % of GDP
26.3%
2024
19.1%
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/gabon | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.

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.