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Economy of Czech Republic vs Germany compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $5.05T for Germany, ranking 42/197 and 3/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $3.18T (62.9% of GDP) in Germany.

Czech Republic vs Germany GDP by year

Czech Republic
Germany
1x
Year GDP, current $
Czech Republic Germany
2025 $391,026,962,800 $5,050,922,925,047
2024 $347,082,562,221 $4,685,592,577,805
2023 $345,059,295,660 $4,562,207,532,490
2022 $301,831,228,326 $4,201,021,706,479
2021 $290,972,714,482 $4,355,251,953,411
2020 $251,109,660,603 $3,941,398,957,074
2019 $256,794,209,029 $3,959,894,794,039
2018 $251,992,360,762 $4,055,433,215,302
2017 $221,563,575,696 $3,765,351,626,106
2016 $198,160,659,304 $3,536,787,895,179
2015 $189,107,698,562 $3,425,099,578,746
2014 $210,911,285,078 $3,964,870,735,761
2013 $213,024,360,541 $3,807,023,797,051
2012 $210,363,223,088 $3,596,483,233,406
2011 $231,429,378,717 $3,823,575,803,794
2010 $211,168,667,286 $3,467,093,769,667
2009 $206,971,882,705 $3,478,545,516,684
2008 $236,506,264,754 $3,808,197,720,125
2007 $190,040,702,287 $3,484,056,680,855
2006 $156,236,258,387 $3,046,308,753,671
2005 $137,264,185,596 $2,893,393,187,362
2004 $120,147,899,984 $2,852,317,768,062
2003 $100,435,924,705 $2,534,715,518,349
2002 $82,607,869,610 $2,102,350,798,306
2001 $68,135,304,464 $1,966,381,496,642
2000 $62,175,642,238 $1,966,980,701,145
1999 $65,586,562,605 $2,213,873,468,587
1998 $67,187,217,328 $2,247,760,364,566
1997 $62,539,765,163 $2,218,790,886,533
1996 $67,804,105,330 $2,506,576,553,158
1995 $60,572,381,311 $2,593,053,091,306
1994 $48,188,478,339 $2,215,282,632,277
1993 $41,155,654,032 $2,078,954,217,438
1992 $35,051,065,440 $2,141,377,582,968
1991 $30,071,014,282 $1,875,792,575,133
1990 $41,016,881,802 $1,778,162,195,860
1989 - $1,404,092,925,205
1988 - $1,406,367,016,372
1987 - $1,302,932,318,825
1986 - $1,050,092,624,516
1985 - $735,218,723,093
1984 - $727,767,760,979
1983 - $773,507,930,295
1982 - $779,421,633,755
1981 - $803,404,797,058
1980 - $953,772,499,462
1979 - $884,574,218,333
1978 - $743,182,891,918
1977 - $602,698,323,086
1976 - $521,658,712,133
1975 - $492,434,094,920
1974 - $446,934,971,657
1973 - $399,833,571,167
1972 - $300,899,944,795
1971 - $250,900,942,397
1970 - $216,629,229,947
1969 - $177,733,486,326
1968 - $156,527,292,653
1967 - $145,100,667,773
1966 - $143,304,275,684
1965 - $134,774,688,191
1964 - $123,330,404,665
1963 - $112,232,503,744
1962 - $105,895,435,234
1961 - $96,558,204,043
1960 - $84,619,845,881

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Czech Republic vs Germany by year

Czech Republic
GDP per capita

GDP per capita, PPP
Germany
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Germany
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $60,496 -
2024 $31,828 $57,285 $56,104 $73,552
2023 $31,762 $55,761 $54,777 $71,684
2022 $28,282 $52,947 $50,507 $69,049
2021 $27,696 $47,796 $52,349 $62,531
2020 $23,473 $44,839 $47,395 $58,686
2019 $24,063 $45,614 $47,656 $59,271
2018 $23,706 $41,638 $48,916 $56,273
2017 $20,913 $39,346 $45,554 $54,110
2016 $18,754 $36,445 $42,949 $51,570
2015 $17,932 $34,093 $41,930 $48,545
2014 $20,038 $32,743 $48,960 $47,939
2013 $20,260 $31,013 $47,207 $45,889
2012 $20,014 $29,466 $44,718 $44,229
2011 $22,049 $29,237 $47,631 $43,398
2010 $20,160 $28,154 $42,397 $39,726
2009 $19,817 $27,713 $42,472 $37,574
2008 $22,775 $27,938 $46,379 $38,444
2007 $18,453 $26,268 $42,351 $36,914
2006 $15,259 $23,914 $36,980 $34,741
2005 $13,442 $22,115 $35,084 $32,314
2004 $11,783 $20,988 $34,567 $31,753
2003 $9,852 $19,604 $30,711 $30,301
2002 $8,101 $18,344 $25,487 $29,514
2001 $6,669 $17,709 $23,878 $28,674
2000 $6,063 $16,332 $23,926 $27,474
1999 $6,378 $15,494 $26,965 $26,518
1998 $6,527 $15,064 $27,396 $25,446
1997 $6,069 $14,911 $27,047 $24,649
1996 $6,573 $14,781 $30,600 $24,169
1995 $5,865 $13,957 $31,747 $23,631
1994 $4,663 $12,862 $27,202 $22,869
1993 $3,984 $12,242 $25,617 $21,900
1992 $3,397 $11,963 $26,560 $21,746
1991 $2,917 $11,768 $23,443 $21,001
1990 $3,969 $12,848 $22,386 $19,468
1989 - - $17,829 -
1988 - - $17,997 -
1987 - - $16,739 -
1986 - - $13,511 -
1985 - - $9,464 -
1984 - - $9,347 -
1983 - - $9,900 -
1982 - - $9,950 -
1981 - - $10,246 -
1980 - - $12,183 -
1979 - - $11,322 -
1978 - - $9,517 -
1977 - - $7,711 -
1976 - - $6,659 -
1975 - - $6,259 -
1974 - - $5,660 -
1973 - - $5,065 -
1972 - - $3,824 -
1971 - - $3,204 -
1970 - - $2,771 -
1969 - - $2,281 -
1968 - - $2,025 -
1967 - - $1,886 -
1966 - - $1,871 -
1965 - - $1,774 -
1964 - - $1,637 -
1963 - - $1,502 -
1962 - - $1,431 -
1961 - - $1,316 -
1960 - - $1,162 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $60,496 in Germany, ranking 18/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Germany ranks 20th at $73,552.

Economic indicators

Czech Republic Germany
Gross domestic product
$391B
2025
$5.05T
2025
GDP rank
42/197
2025
3/197
2025
GDP growth
2.58%
2024-2025
0.24%
2024-2025
GDP per capita
$35,917
2025
$60,496
2025
GDP per capita rank
35/197
2025
18/197
2025
GDP per capita, PPP
$57,285
2024
$73,552
2024
GDP per capita PPP rank
35/197
2024
20/197
2024
Government debt
$174B
2025
$3.18T
2025
Debt-to-GDP ratio
44.6%
2025
62.9%
2025
Government debt per person
$16,026
2025
$38,071
2025
Government debt per person rank
42/185
2025
21/185
2025
Average annual personal income after taxes
$22,312
2026
$40,352
2026
Market capitalization of domestic companies
$55.4B
2025
$2.9T
2025
Number of millionaires n/a
2,648,000
2026
Number of billionaires
11
2026
212
2026
Income share by richest 10%
21.5%
2023
26.2%
2022
Income share by poorest 10%
3.8%
2023
2.3%
2022
Government expenditure, % of GDP
43.5%
2025
50.5%
2025
Consumer prices inflation
2.46%
2024-2025
2.17%
2024-2025
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.8%
2025
3.8%
2025
Population
10742283
82830814

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Germany
Spending

Debt
1x
Year % of GDP
Czech Republic Germany
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 50.5% 62.9%
2024 42.9% 43.3% 49.4% 62.2%
2023 43.7% 42.2% 48.1% 62.3%
2022 43% 42.5% 48.6% 64.4%
2021 45% 40.7% 50.7% 67.9%
2020 46.3% 36.9% 51.1% 68%
2019 40.4% 29.6% 45.5% 58.7%
2018 40.1% 31.7% 44.7% 60.8%
2017 38.5% 33.8% 44.5% 64%
2016 39.4% 36.2% 44.7% 68.3%
2015 41.7% 39.5% 44.5% 71.2%
2014 42.3% 41.5% 44.5% 74.5%
2013 42.4% 44.1% 45.2% 77.5%
2012 44.4% 43.8% 45.1% 79.8%
2011 42.8% 39.4% 45.3% 78.5%
2010 43.2% 36.7% 48.1% 81%
2009 44.5% 33.4% 48.3% 72.4%
2008 40.9% 28.2% 44.4% 65.2%
2007 40.5% 27.3% 43.5% 63.7%
2006 41.5% 27.6% 45.3% 66.4%
2005 42.3% 27.7% 46.9% 67.1%
2004 42.2% 28.3% 47% 65%
2003 49% 28.1% 48.5% 63.3%
2002 44.4% 25.7% 48.2% 59.8%
2001 43.1% 22.6% 47.7% 58.1%
2000 40.6% 16.9% 48.1% 59.2%
1999 40.9% 15.1% 48.5% 60.3%
1998 41.6% 13.9% 48.3% 59.4%
1997 41.3% 12.1% 48.8% 58.8%
1996 41.4% 11.5% 49.6% 57.7%
1995 52.8% 13.5% 55.2% 54.9%
1994 - - 48.3% 47.5%
1993 - - 48.3% 45.1%
1992 - - 47.4% 41.4%
1991 - - 46.5% 39%
1990 - - 44.7% 40.7%
1989 - - 44.3% 39.2%
1988 - - 45.6% 40.5%
1987 - - 46% 40.1%
1986 - - 45.7% 39.1%
1985 - - 46.6% 39.2%
1984 - - 47.2% 38.7%
1983 - - 47.9% 38%
1982 - - 49.1% 36.4%
1981 - - 49% 33.6%
1980 - - 48.2% 30.1%
1979 - - 47.4% 28.2%
1978 - - 47.7% 27.4%
1977 - - 49% 26%
1976 - - 49.4% 25.1%
1975 - - 50.3% 23.7%
1974 - - 46% 18.5%
1973 - - 42.4% 17.3%
1972 - - 41.8% 18%
1971 - - 40.9% 17.7%
1970 - - 39.5% 17.7%
1969 - - 29.7% 20.3%
1968 - - 28.5% 22.5%
1967 - - 28.8% 22.5%
1966 - - 28.3% 19.8%
1965 - - 28.4% 18.7%
1964 - - 29% 18.2%
1963 - - 29.1% 18.1%
1962 - - 29.2% 17.6%
1961 - - 28.8% 18.7%
1960 - - 22.9% 18.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1990, retrieved 2026-07-08).

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Germany spent $2.55T, or 50.5% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 62.9% in Germany, ranking 119/185 and 70/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Germany
1x
Year Deficit/surplus, % of GDP
Czech Republic Germany
2025 -2.03% -2.67%
2024 -2.03% -2.66%
2023 -3.73% -2.49%
2022 -3.07% -1.91%
2021 -4.95% -3.17%
2020 -5.65% -4.38%
2019 0.28% 1.33%
2018 0.88% 1.88%
2017 1.46% 1.34%
2016 0.68% 1.13%
2015 -0.67% 0.91%
2014 -2.09% 0.73%
2013 -1.3% 0.12%
2012 -3.92% -0.05%
2011 -2.71% -0.84%
2010 -4.14% -4.42%
2009 -5.46% -3.18%
2008 -2% -0.26%
2007 -0.68% 0.15%
2006 -2.19% -1.76%
2005 -3.06% -3.37%
2004 -2.4% -3.42%
2003 -6.87% -3.83%
2002 -6.34% -4.09%
2001 -5.76% -3.12%
2000 -3.55% -1.71%
1999 -3.08% -1.87%
1998 -4.14% -2.65%
1997 -3.14% -3.03%
1996 -2.98% -3.64%
1995 -12.3% -9.44%
1994 - -2.54%
1993 - -3.11%
1992 - -2.63%
1991 - -3.21%
1990 - -1.94%
1989 - 0.08%
1988 - -2.02%
1987 - -1.85%
1986 - -1.18%
1985 - -1.18%
1984 - -2.04%
1983 - -2.95%
1982 - -3.56%
1981 - -4.03%
1980 - -3.02%
1979 - -2.71%
1978 - -2.62%
1977 - -2.56%
1976 - -3.5%
1975 - -5.78%
1974 - -1.69%
1973 - 1.14%
1972 - -0.37%
1971 - 0.16%
1970 - 0.53%
1969 - -0.43%
1968 - 1.39%
1967 - 2.73%
1966 - 1.76%
1965 - 2.26%
1964 - 1.49%
1963 - 1.43%
1962 - 0.49%
1961 - -0.12%
1960 - -0.34%
1959 - 0.77%
1958 - 1.77%
1957 - 1.99%
1956 - 0.59%
1955 - -1.41%
1954 - -0.37%
1953 - -0.13%
1952 - 0%
1951 - 1.15%
1950 - 1.81%
1949 - -
1948 - -
1947 - -
1946 - -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -
1936 - -
1935 - -
1934 - -0.64%
1933 - -0.43%
1932 - -1.11%
1931 - -1.03%
1930 - -1.52%
1929 - -0.9%
1928 - -1.47%
1927 - -0.44%
1926 - -1.3%
1925 - 0.34%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.007%
1912 - -0.26%
1911 - 0.06%
1910 - -0.21%
1909 - 0.11%
1908 - -0.11%
1907 - -0.14%
1906 - 0.76%
1905 - 1.21%
1904 - 0.41%
1903 - 0.88%
1902 - 0.08%
1901 - 0.91%
1900 - 0.27%
1899 - 0.6%
1898 - 0.47%
1897 - 0.39%
1896 - 0.63%
1895 - 0.47%
1894 - 0.44%
1893 - 0.42%
1892 - -0.24%
1891 - 1.18%
1890 - 0.12%
1889 - 1.16%
1888 - 0.62%
1887 - 0.88%
1886 - 0.23%
1885 - 0.21%
1884 - 0.23%
1883 - 0.55%
1882 - 0.41%
1881 - 0.12%
1880 - -0.13%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/germany | 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 Germany's deficit of $135B, or 2.67% of GDP.

Over the past 31 years, the Czech Republic recorded a fiscal deficit in 27 of those years, while Germany ran a deficit in 23 years. On average, the Czech Republic posted an annual deficit equal to 3.13% of GDP, compared to deficit of 1.95% of GDP for Germany.

Inflation comparison by year

Inflation
Czech Republic

Germany
1x
Year Consumer prices inflation
Czech Republic Germany
2025 2.46% 2.17%
2024 2.44% 2.26%
2023 10.7% 5.95%
2022 15.1% 6.87%
2021 3.84% 3.07%
2020 3.16% 0.14%
2019 2.85% 1.45%
2018 2.15% 1.73%
2017 2.45% 1.51%
2016 0.68% 0.49%
2015 0.31% 0.51%
2014 0.34% 0.91%
2013 1.44% 1.5%
2012 3.29% 2.01%
2011 1.92% 2.08%
2010 1.47% 1.1%
2009 1.02% 0.31%
2008 6.36% 2.63%
2007 2.85% 2.3%
2006 2.53% 1.58%
2005 1.86% 1.55%
2004 2.76% 1.67%
2003 0.12% 1.03%
2002 1.9% 1.42%
2001 4.66% 1.98%
2000 3.78% 1.44%
1999 2.14% 0.59%
1998 10.7% 0.91%
1997 8.6% 1.94%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 1.83% in Germany. In 2025, inflation was 2.46% in the Czech Republic and 2.17% in Germany.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $57B
Textiles & consumer goods $9.04B
Metals $6.16B
Chemicals & pharma $5.34B
Raw materials & minerals $4.2B
Transport & tourism services $3.29B
Processed food, beverages & tobacco $2.4B
Business & finance services $2.23B
Wood & paper products $2.14B
IT & IP services $1.21B
Germany
Export category Export value
Machinery & equipment $28.5B
Chemicals & pharma $8.54B
Metals $6.28B
Raw materials & minerals $5.32B
Textiles & consumer goods $4.04B
Transport & tourism services $3B
Business & finance services $2.48B
Processed food, beverages & tobacco $2.31B
Miscellaneous $1.54B
Wood & paper products $1.42B

Balance of trade

Czech Republic Germany
Current account balance
$2.44B
2025
$228B
2025
Current account balance ranking
41/190
2025
2/190
2025
Current account balance, % of GDP
+0.62%
2025
+4.51%
2025
Goods imports
$197B
2025
$1.32T
2025
Goods exports
$215B
2025
$1.53T
2025
Service imports
$42.9B
2025
$602B
2025
Service exports
$47.5B
2025
$518B
2025
Imports of goods and services, % of GDP
61.1%
2025
38.1%
2025
Exports of goods and services, % of GDP
66.9%
2025
40.4%
2025

Economic freedom indices

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

Czech Republic Germany
Economic freedom 73.2 71.7
Economic freedom ranking 25/197 30/197
Property rights 89.8 95.5
Government integrity 64.7 84.5
Judicial effectiveness 92.1 94.6
Tax burden 78.8 60.5
Government spending 44.2 28.8
Fiscal health 82.5 83.1
Business freedom 76.8 79.8
Labor freedom 55.1 52.2
Monetary freedom 75 72.5
Trade freedom 79.4 79.4
Investment freedom 70 60
Financial freedom 70 70

Economic freedom comparison by year

Czech Republic
Germany
1x
Year Economic freedom index
Czech Republic Germany
2026 73.2 71.7
2025 72.9 71.6
2024 70.2 72.1
2023 71.9 73.7
2022 74.4 76.1
2021 73.8 72.5
2020 74.8 73.5
2019 73.7 73.5
2018 74.2 74.2
2017 73.3 73.8
2016 73.2 74.4
2015 72.5 73.8
2014 72.2 73.4
2013 70.9 72.8
2012 69.9 71
2011 70.4 71.8
2010 69.8 71.1
2009 69.4 70.5
2008 68.1 70.6
2007 67.4 70.8
2006 66.4 70.8
2005 64.6 68.1
2004 67 69.5
2003 67.5 69.7
2002 66.5 70.4
2001 70.2 69.5
2000 68.6 65.7
1999 69.7 65.6
1998 68.4 64.3
1997 68.8 67.5
1996 68.1 69.1
1995 67.8 69.8

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 71.7 for Germany, ranking 30/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Germany
Services, % of GDP
60.8%
2025
64.5%
2025
Industry, % of GDP
28.7%
2025
25.2%
2025
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
0.87%
2025
GNI, Atlas method
$359B
2025
$5.03T
2025
GNI per capita, PPP
$57,870
2025
$78,140
2025
Total reserves including gold
$176B
2025
$572B
2025
Total reserves ranking
21/177
2025
7/177
2025
Net foreign direct investment
-$1.88B
2025
$12.9B
2025
Net inflows of foreign direct investment
$13.5B
2024
$62.6B
2024
Net outflows of foreign direct investment
$12.9B
2024
$87B
2024
Poverty at national poverty lines
10.2%
2021
14.8%
2021
Gross capital formation, % of GDP
26.8%
2025
21.9%
2025

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/germany | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1990, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.