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Economy of Czech Republic vs Israel compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $611B for Israel, ranking 42/197 and 27/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $418B (68.5% of GDP) in Israel.

Czech Republic vs Israel GDP by year

Czech Republic
Israel
1x
Year GDP, current $
Czech Republic Israel
2025 $391,026,962,800 $610,777,842,874
2024 $347,082,562,221 $542,284,494,491
2023 $345,059,295,660 $513,393,395,492
2022 $301,831,228,326 $525,157,951,213
2021 $290,972,714,482 $489,735,019,666
2020 $251,109,660,603 $410,908,899,711
2019 $256,794,209,029 $399,207,771,082
2018 $251,992,360,762 $375,470,422,244
2017 $221,563,575,696 $357,360,816,857
2016 $198,160,659,304 $321,083,954,798
2015 $189,107,698,562 $302,841,190,258
2014 $210,911,285,078 $314,376,760,832
2013 $213,024,360,541 $298,045,324,736
2012 $210,363,223,088 $263,172,104,091
2011 $231,429,378,717 $267,739,352,609
2010 $211,168,667,286 $239,372,857,534
2009 $206,971,882,705 $213,112,649,594
2008 $236,506,264,754 $220,952,472,408
2007 $190,040,702,287 $184,448,882,452
2006 $156,236,258,387 $158,706,516,002
2005 $137,264,185,596 $147,346,035,831
2004 $120,147,899,984 $139,925,423,025
2003 $100,435,924,705 $131,278,887,815
2002 $82,607,869,610 $125,215,963,105
2001 $68,135,304,464 $134,889,159,474
2000 $62,175,642,238 $136,409,902,632
1999 $65,586,562,605 $121,329,240,042
1998 $67,187,217,328 $120,468,659,246
1997 $62,539,765,163 $119,389,303,067
1996 $67,804,105,330 $115,051,957,577
1995 $60,572,381,311 $105,432,315,611
1994 $48,188,478,339 $90,684,108,118
1993 $41,155,654,032 $79,806,598,120
1992 $35,051,065,440 $79,408,652,426
1991 $30,071,014,282 $70,954,941,681
1990 $41,016,881,802 $61,978,459,022
1989 - $52,411,116,588
1988 - $52,618,458,014
1987 - $43,022,977,765
1986 - $35,812,041,620
1985 - $28,887,898,639
1984 - $30,626,695,891
1983 - $32,655,591,256
1982 - $29,237,231,967
1981 - $26,865,420,933
1980 - $25,379,585,067
1979 - $22,595,788,591
1978 - $17,690,363,444
1977 - $18,245,847,441
1976 - $15,946,502,888
1975 - $16,131,806,290
1974 - $17,162,009,924
1973 - $11,895,229,181
1972 - $9,216,866,299
1971 - $7,048,191,876
1970 - $7,402,142,195
1969 - $6,293,966,357
1968 - $5,455,059,532
1967 - $4,759,447,914
1966 - $4,700,397,692
1965 - $4,326,412,951
1964 - $4,021,861,430
1963 - $3,533,767,055
1962 - $2,964,323,618
1961 - $3,706,297,903
1960 - $3,068,690,949

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

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

GDP per capita in Czech Republic vs Israel by year

Czech Republic
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $60,337 -
2024 $31,828 $57,285 $54,217 $57,236
2023 $31,762 $55,761 $52,126 $55,171
2022 $28,282 $52,947 $54,947 $53,619
2021 $27,696 $47,796 $52,258 $46,162
2020 $23,473 $44,839 $44,591 $40,955
2019 $24,063 $45,614 $44,092 $41,325
2018 $23,706 $41,638 $42,269 $40,190
2017 $20,913 $39,346 $41,013 $39,471
2016 $18,754 $36,445 $37,571 $38,189
2015 $17,932 $34,093 $36,138 $35,871
2014 $20,038 $32,743 $38,265 $34,816
2013 $20,260 $31,013 $36,981 $34,827
2012 $20,014 $29,466 $33,269 $32,484
2011 $22,049 $29,237 $34,477 $31,314
2010 $20,160 $28,154 $31,399 $29,456
2009 $19,817 $27,713 $28,470 $28,087
2008 $22,775 $27,938 $30,231 $28,084
2007 $18,453 $26,268 $25,689 $28,307
2006 $15,259 $23,914 $22,500 $26,385
2005 $13,442 $22,115 $21,262 $25,701
2004 $11,783 $20,988 $20,550 $26,078
2003 $9,852 $19,604 $19,624 $24,702
2002 $8,101 $18,344 $19,059 $26,101
2001 $6,669 $17,709 $20,949 $25,806
2000 $6,063 $16,332 $21,690 $25,766
1999 $6,378 $15,494 $19,809 $23,415
1998 $6,527 $15,064 $20,176 $22,927
1997 $6,069 $14,911 $20,457 $22,279
1996 $6,573 $14,781 $20,213 $21,672
1995 $5,865 $13,957 $19,014 $20,642
1994 $4,663 $12,862 $16,796 $19,478
1993 $3,984 $12,242 $15,169 $18,218
1992 $3,397 $11,963 $15,500 $17,553
1991 $2,917 $11,768 $14,337 $16,486
1990 $3,969 $12,848 $13,300 $15,721
1989 - - $11,601 -
1988 - - $11,846 -
1987 - - $9,847 -
1986 - - $8,330 -
1985 - - $6,824 -
1984 - - $7,364 -
1983 - - $7,955 -
1982 - - $7,253 -
1981 - - $6,791 -
1980 - - $6,545 -
1979 - - $5,968 -
1978 - - $4,794 -
1977 - - $5,050 -
1976 - - $4,514 -
1975 - - $4,669 -
1974 - - $5,082 -
1973 - - $3,629 -
1972 - - $2,928 -
1971 - - $2,297 -
1970 - - $2,489 -
1969 - - $2,188 -
1968 - - $1,946 -
1967 - - $1,734 -
1966 - - $1,788 -
1965 - - $1,688 -
1964 - - $1,625 -
1963 - - $1,485 -
1962 - - $1,293 -
1961 - - $1,696 -
1960 - - $1,452 -

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

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Israel ranks 36th at $57,236.

Economic indicators

Czech Republic Israel
Gross domestic product
$391B
2025
$611B
2025
GDP rank
42/197
2025
27/197
2025
GDP growth
2.58%
2024-2025
2.93%
2024-2025
GDP per capita
$35,917
2025
$60,337
2025
GDP per capita rank
35/197
2025
19/197
2025
GDP per capita, PPP
$57,285
2024
$57,236
2024
GDP per capita PPP rank
35/197
2024
36/197
2024
Government debt
$174B
2025
$418B
2025
Debt-to-GDP ratio
44.6%
2025
68.5%
2025
Government debt per person
$16,026
2025
$41,338
2025
Government debt per person rank
42/185
2025
16/185
2025
Average annual personal income after taxes
$22,312
2026
$48,251
2026
Market capitalization of domestic companies
$55.4B
2025
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires
11
2026
42
2026
Income share by richest 10%
21.5%
2023
27%
2022
Income share by poorest 10%
3.8%
2023
1.8%
2022
Government expenditure, % of GDP
43.5%
2025
43.6%
2025
Consumer prices inflation
2.46%
2024-2025
3.04%
2024-2025
Central bank interest rate
3.5%
2025
3.75%
2026
Unemployment rate
2.8%
2025
3%
2025
Population
10742283
10334048

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Czech Republic Israel
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 43.6% 68.5%
2024 42.9% 43.3% 43.7% 67.7%
2023 43.7% 42.2% 39.6% 61.3%
2022 43% 42.5% 36.9% 60.3%
2021 45% 40.7% 40.1% 67.7%
2020 46.3% 36.9% 44.8% 71.1%
2019 40.4% 29.6% 38.7% 59.3%
2018 40.1% 31.7% 39.2% 60.1%
2017 38.5% 33.8% 38.4% 59.8%
2016 39.4% 36.2% 37.9% 61.7%
2015 41.7% 39.5% 37.6% 62.8%
2014 42.3% 41.5% 38.3% 65.8%
2013 42.4% 44.1% 39.7% 66%
2012 44.4% 43.8% 39.6% 66.9%
2011 42.8% 39.4% 39.3% 67.2%
2010 43.2% 36.7% 39.7% 69%
2009 44.5% 33.4% 41.4% 72.6%
2008 40.9% 28.2% 41.2% 70.2%
2007 40.5% 27.3% 40.2% 70.8%
2006 41.5% 27.6% 41.6% 77.7%
2005 42.3% 27.7% 42.3% 85.2%
2004 42.2% 28.3% 43% 88.3%
2003 49% 28.1% 45.4% 89.7%
2002 44.4% 25.7% 50% 87.2%
2001 43.1% 22.6% 46.1% 81.1%
2000 40.6% 16.9% 43.4% 77.2%
1999 40.9% 15.1% 53.6% 94.8%
1998 41.6% 13.9% 55% 101%
1997 41.3% 12.1% 52.6% 99.3%
1996 41.4% 11.5% 53.2% 100.3%
1995 52.8% 13.5% 52.8% 102.3%
1994 - - 41.7% 110.2%
1993 - - 42.2% 118.3%
1992 - - 44.1% 119.6%
1991 - - 34.4% 123.7%
1990 - - 46.8% 138.3%
1989 - - 47.5% 147.4%
1988 - - 46.5% 145.4%
1987 - - 52.8% 143.2%
1986 - - 55.7% 162.5%
1985 - - 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 68.5% in Israel, ranking 119/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Israel
1x
Year Deficit/surplus, % of GDP
Czech Republic Israel
2025 -2.03% -5.22%
2024 -2.03% -8.07%
2023 -3.73% -5.38%
2022 -3.07% 0.3%
2021 -4.95% -3.37%
2020 -5.65% -10.6%
2019 0.28% -3.79%
2018 0.88% -3.58%
2017 1.46% -1.17%
2016 0.68% -1.78%
2015 -0.67% -1.2%
2014 -2.09% -2.28%
2013 -1.3% -4.07%
2012 -3.92% -4.46%
2011 -2.71% -3.43%
2010 -4.14% -3.72%
2009 -5.46% -6.53%
2008 -2% -3.49%
2007 -0.68% -0.43%
2006 -2.19% -0.94%
2005 -3.06% -2.74%
2004 -2.4% -3.4%
2003 -6.87% -5.03%
2002 -6.34% -8.21%
2001 -5.76% -4.06%
2000 -3.55% -0.8%
1999 -3.08% -6.26%
1998 -4.14% -7.99%
1997 -3.14% -4.84%
1996 -2.98% -5.97%
1995 -12.3% -4.28%
1994 - -5.62%
1993 - -5.62%
1992 - -8%
1991 - -7.04%
1990 - -9.67%
1989 - -9.03%
1988 - -7.57%
1987 - -7.47%
1986 - -7.51%
1985 - -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/israel | 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 Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 31 years, the Czech Republic recorded a fiscal deficit in 27 of those years, while Israel ran a deficit in 30 years. On average, the Czech Republic posted an annual deficit equal to 3.13% of GDP, compared to deficit of 4.09% of GDP for Israel.

Inflation comparison by year

Inflation
Czech Republic

Israel
1x
Year Consumer prices inflation
Czech Republic Israel
2025 2.46% 3.04%
2024 2.44% 3.07%
2023 10.7% 4.23%
2022 15.1% 4.41%
2021 3.84% 1.48%
2020 3.16% -0.58%
2019 2.85% 0.82%
2018 2.15% 0.81%
2017 2.45% 0.25%
2016 0.68% -0.54%
2015 0.31% -0.62%
2014 0.34% 0.47%
2013 1.44% 1.59%
2012 3.29% 1.68%
2011 1.92% 3.49%
2010 1.47% 2.7%
2009 1.02% 3.37%
2008 6.36% 4.53%
2007 2.85% 0.47%
2006 2.53% 2.05%
2005 1.86% 1.34%
2004 2.76% -0.42%
2003 0.12% 0.71%
2002 1.9% 5.8%
2001 4.66% 1.12%
2000 3.78% 1.03%
1999 2.14% 5.19%
1998 10.7% 5.49%
1997 8.6% 8.95%

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

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 2.27% in Israel. In 2025, inflation was 2.46% in the Czech Republic and 3.04% in Israel.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $1.05B
Textiles & consumer goods $69.6M
Metals $69.5M
Chemicals & pharma $69.3M
Weapons & explosives $60.8M
Processed food, beverages & tobacco $43.4M
Miscellaneous $16.2M
Raw materials & minerals $14.3M
Wood & paper products $8.46M
Raw agricultural goods $448K
Israel
Export category Export value
Machinery & equipment $215M
Chemicals & pharma $27.7M
Metals $5.34M
Textiles & consumer goods $4.97M
Processed food, beverages & tobacco $4.57M
Raw materials & minerals $3.21M
Precious metals & jewellery $1.96M
Raw agricultural goods $947K
Wood & paper products $623K
Miscellaneous $205K

Balance of trade

Czech Republic Israel
Current account balance
$2.44B
2025
$8.53B
2025
Current account balance ranking
41/190
2025
26/190
2025
Current account balance, % of GDP
+0.62%
2025
+1.4%
2025
Goods imports
$197B
2025
$102B
2025
Goods exports
$215B
2025
$76.2B
2025
Service imports
$42.9B
2025
$53.2B
2025
Service exports
$47.5B
2025
$92.4B
2025
Imports of goods and services, % of GDP
61.1%
2025
25.4%
2025
Exports of goods and services, % of GDP
66.9%
2025
27.6%
2025

Economic freedom indices

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

Czech Republic Israel
Economic freedom 73.2 68.4
Economic freedom ranking 25/197 47/197
Property rights 89.8 73.1
Government integrity 64.7 66.2
Judicial effectiveness 92.1 68.1
Tax burden 78.8 60.2
Government spending 44.2 52
Fiscal health 82.5 60.8
Business freedom 76.8 72.4
Labor freedom 55.1 56.8
Monetary freedom 75 78.2
Trade freedom 79.4 82.8
Investment freedom 70 70
Financial freedom 70 80

Economic freedom comparison by year

Czech Republic
Israel
1x
Year Economic freedom index
Czech Republic Israel
2026 73.2 68.4
2025 72.9 69.9
2024 70.2 70.1
2023 71.9 68.9
2022 74.4 68
2021 73.8 73.8
2020 74.8 74
2019 73.7 72.8
2018 74.2 72.2
2017 73.3 69.7
2016 73.2 70.7
2015 72.5 70.5
2014 72.2 68.4
2013 70.9 66.9
2012 69.9 67.8
2011 70.4 68.5
2010 69.8 67.7
2009 69.4 67.6
2008 68.1 66.3
2007 67.4 64.8
2006 66.4 64.4
2005 64.6 62.6
2004 67 61.4
2003 67.5 62.7
2002 66.5 66.9
2001 70.2 66.1
2000 68.6 65.5
1999 69.7 68.3
1998 68.4 68
1997 68.8 62.7
1996 68.1 62
1995 67.8 61.5

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Israel
Services, % of GDP
60.8%
2025
72.8%
2024
Industry, % of GDP
28.7%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
1.29%
2024
GNI, Atlas method
$359B
2025
$569B
2025
GNI per capita, PPP
$57,870
2025
$58,870
2025
Total reserves including gold
$176B
2025
$229B
2025
Total reserves ranking
21/177
2025
18/177
2025
Net foreign direct investment
-$1.88B
2025
-$11.8B
2025
Net inflows of foreign direct investment
$13.5B
2024
$14.8B
2024
Net outflows of foreign direct investment
$12.9B
2024
$9.92B
2024
Poverty at national poverty lines
10.2%
2021
22%
2020
Gross capital formation, % of GDP
26.8%
2025
24.3%
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/israel | 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 (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, 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 (2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.

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.