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Economy of Czech Republic vs Ivory Coast compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $87.1B for Ivory Coast, ranking 44/197 and 77/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $51.6B (59.3% of GDP) in Ivory Coast.

Czech Republic vs Ivory Coast GDP by year

Czech Republic
Ivory Coast
1x
Year GDP, current $
Czech Republic Ivory Coast
2024 $347,034,062,928 $87,113,179,149
2023 $345,059,295,660 $80,780,312,569
2022 $301,831,228,326 $70,922,824,814
2021 $290,972,714,482 $72,794,636,654
2020 $251,109,660,603 $63,027,852,805
2019 $256,794,209,029 $60,382,894,697
2018 $251,992,360,762 $58,522,477,787
2017 $221,563,575,696 $52,512,343,997
2016 $198,160,659,304 $48,407,761,037
2015 $189,107,698,562 $45,815,005,169
2014 $210,911,285,078 $48,843,005,614
2013 $213,024,360,541 $42,760,235,485
2012 $210,363,223,088 $36,302,302,877
2011 $231,429,378,717 $36,693,710,801
2010 $211,168,667,286 $34,936,307,980
2009 $206,971,882,705 $33,886,813,250
2008 $236,506,264,754 $34,078,240,293
2007 $190,040,702,287 $28,760,090,953
2006 $156,236,258,387 $25,281,413,263
2005 $137,264,185,596 $24,036,918,703
2004 $120,147,899,984 $23,510,575,681
2003 $100,435,924,705 $21,251,754,340
2002 $82,607,869,610 $18,054,383,321
2001 $68,135,304,464 $16,810,537,044
2000 $62,175,642,238 $16,577,533,892
1999 $65,586,562,605 $18,870,992,456
1998 $67,187,217,328 $19,619,654,756
1997 $62,539,765,163 $18,047,558,038
1996 $67,804,105,330 $18,071,152,831
1995 $60,572,381,311 $11,000,146,267
1994 $48,188,478,339 $8,313,557,510
1993 $41,155,654,032 $11,045,760,288
1992 $35,051,065,440 $11,152,971,274
1991 $30,071,014,282 $10,492,628,581
1990 $41,016,881,802 $10,795,850,583
1989 - $9,757,410,645
1988 - $10,255,169,806
1987 - $10,087,654,465
1986 - $9,158,302,100
1985 - $6,977,650,644
1984 - $6,841,639,247
1983 - $6,838,184,773
1982 - $7,567,110,849
1981 - $8,432,589,942
1980 - $10,175,617,609
1979 - $9,142,933,967
1978 - $7,900,526,298
1977 - $6,265,068,189
1976 - $4,662,053,825
1975 - $3,893,839,190
1974 - $3,070,152,309
1973 - $2,508,421,426
1972 - $1,849,400,402
1971 - $1,584,128,509
1970 - $1,455,482,795
1969 - $1,361,360,293
1968 - $1,281,281,277
1967 - $1,082,922,725
1966 - $1,024,102,880
1965 - $919,771,229
1964 - $921,063,327
1963 - $761,047,198
1962 - $645,284,474
1961 - $618,245,634
1960 - $546,203,559

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

GeoRank.org/economy/czech-republic/ivory-coast | CC BY

GDP per capita in Czech Republic vs Ivory Coast by year

Czech Republic
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $2,728 $7,669
2023 $31,762 $55,761 $2,592 $7,237
2022 $28,282 $52,947 $2,333 $6,719
2021 $27,696 $47,796 $2,456 $6,045
2020 $23,473 $44,839 $2,180 $5,544
2019 $24,063 $45,614 $2,142 $5,516
2018 $23,706 $41,638 $2,131 $4,946
2017 $20,913 $39,346 $1,964 $4,690
2016 $18,754 $36,445 $1,863 $4,531
2015 $17,932 $34,093 $1,815 $4,404
2014 $20,038 $32,743 $1,991 $4,074
2013 $20,260 $31,013 $1,786 $3,619
2012 $20,014 $29,466 $1,547 $3,291
2011 $22,049 $29,237 $1,597 $3,176
2010 $20,160 $28,154 $1,554 $3,361
2009 $19,817 $27,713 $1,540 $3,177
2008 $22,775 $27,938 $1,584 $3,116
2007 $18,453 $26,268 $1,368 $2,985
2006 $15,259 $23,914 $1,230 $2,942
2005 $13,442 $22,115 $1,198 $2,842
2004 $11,783 $20,988 $1,200 $2,794
2003 $9,852 $19,604 $1,111 $2,702
2002 $8,101 $18,344 $968 $2,851
2001 $6,669 $17,709 $925 $2,962
2000 $6,063 $16,332 $937 $3,041
1999 $6,378 $15,494 $1,096 $3,065
1998 $6,527 $15,064 $1,177 $3,086
1997 $6,069 $14,911 $1,125 $3,040
1996 $6,573 $14,781 $1,170 $2,832
1995 $5,865 $13,957 $740 $2,683
1994 $4,663 $12,862 $582 $2,551
1993 $3,984 $12,242 $804 $2,577
1992 $3,397 $11,963 $845 $2,625
1991 $2,917 $11,768 $827 $2,677
1990 $3,969 $12,848 $886 $2,693
1989 - - $833 -
1988 - - $910 -
1987 - - $930 -
1986 - - $877 -
1985 - - $695 -
1984 - - $709 -
1983 - - $737 -
1982 - - $849 -
1981 - - $986 -
1980 - - $1,238 -
1979 - - $1,157 -
1978 - - $1,039 -
1977 - - $856 -
1976 - - $661 -
1975 - - $575 -
1974 - - $474 -
1973 - - $406 -
1972 - - $313 -
1971 - - $280.3 -
1970 - - $269 -
1969 - - $262.2 -
1968 - - $256.8 -
1967 - - $225.6 -
1966 - - $221.8 -
1965 - - $207 -
1964 - - $215.5 -
1963 - - $185.1 -
1962 - - $163.1 -
1961 - - $162.3 -
1960 - - $148.7 -

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

GeoRank.org/economy/czech-republic/ivory-coast | CC BY

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $2,728 in Ivory Coast, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Czech Republic Ivory Coast
Gross domestic product
$347B
2024
$87.1B
2024
GDP rank
44/197
2024
77/197
2024
GDP growth
1.23%
2023-2024
6.02%
2023-2024
GDP per capita
$31,823
2024
$2,728
2024
GDP per capita rank
39/197
2024
142/197
2024
GDP per capita, PPP
$57,285
2024
$7,669
2024
GDP per capita PPP rank
35/197
2024
145/197
2024
Government debt
$150B
2024
$51.6B
2024
Debt-to-GDP ratio
43.3%
2024
59.3%
2024
Government debt per person
$13,792
2024
$1,616
2024
Government debt per person rank
43/185
2024
125/185
2024
Average annual personal income after taxes
$22,139
2026
$2,733
2026
Market capitalization of domestic companies
$34.6B
2024
$7.33B
2020
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
27.8%
2021
Income share by poorest 10%
3.8%
2023
3.1%
2021
Government expenditure, % of GDP
42.8%
2024
20.4%
2024
Consumer prices inflation
2.44%
2023-2024
3.45%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
2.31%
2022
Population
10649126
33722528

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Czech Republic Ivory Coast
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 20.4% 59.3%
2023 43.7% 42.2% 21.3% 57.5%
2022 43% 42.5% 21.9% 56%
2021 45% 40.7% 20.5% 50.2%
2020 46.3% 36.9% 20.4% 46.3%
2019 40.4% 29.6% 17.2% 37.2%
2018 40.1% 31.7% 17.6% 35.3%
2017 38.5% 33.8% 18.1% 32.6%
2016 39.4% 36.2% 17.6% 31.1%
2015 41.7% 39.5% 16.5% 29.2%
2014 42.3% 41.5% 15.2% 26.7%
2013 42.4% 44.1% 15.9% 24.6%
2012 44.4% 43.8% 16.1% 24.7%
2011 42.8% 39.4% 13.2% 50%
2010 43.2% 36.7% 14.5% 45.6%
2009 44.5% 33.4% 14.4% 46.5%
2008 40.9% 28.2% 14.6% 51.2%
2007 40.5% 27.3% 14.8% 53.5%
2006 41.5% 27.6% 14.5% 57.5%
2005 42.3% 27.7% 13.6% 58.2%
2004 42.2% 28.3% 13.5% 56.7%
2003 49% 28.1% 12.7% 56.4%
2002 44.4% 25.7% 13.1% 63%
2001 43.1% 22.6% 11.4% 71.2%
2000 40.6% 16.9% 12.9% 74%
1999 40.9% 15.1% 13.7% 78%
1998 41.6% 13.9% 14.6% 75.2%
1997 41.3% 12.1% 15.2% 84.2%
1996 41.4% 11.5% - -
1995 52.8% 13.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/ivory-coast | CC BY

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Ivory Coast spent $17.7B, or 20.4% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 59.3% in Ivory Coast, ranking 124/185 and 82/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Czech Republic Ivory Coast
2024 -1.99% -3.97%
2023 -3.73% -5.19%
2022 -3.07% -6.74%
2021 -4.95% -4.86%
2020 -5.65% -5.42%
2019 0.28% -2.22%
2018 0.88% -2.9%
2017 1.46% -3.27%
2016 0.68% -2.98%
2015 -0.67% -2.04%
2014 -2.09% -1.57%
2013 -1.3% -1.62%
2012 -3.92% -2.28%
2011 -2.71% -2.89%
2010 -4.14% -1.34%
2009 -5.46% -1%
2008 -2% -0.21%
2007 -0.68% -0.39%
2006 -2.19% -1.03%
2005 -3.06% -1.03%
2004 -2.4% -1.04%
2003 -6.87% -1.26%
2002 -6.34% -0.64%
2001 -5.76% 0.7%
2000 -3.55% -0.83%
1999 -3.08% -1.27%
1998 -4.14% -0.7%
1997 -3.14% -0.75%
1996 -2.98% -
1995 -12.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/ivory-coast | 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 Ivory Coast's deficit of $3.45B, or 3.97% of GDP.

Over the past 28 years, the Czech Republic recorded a fiscal deficit in 24 of those years, while Ivory Coast ran a deficit in 27 years. On average, the Czech Republic posted an annual deficit equal to 2.84% of GDP, compared to deficit of 2.1% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Czech Republic

Ivory Coast
1x
Year Consumer prices inflation
Czech Republic Ivory Coast
2024 2.44% 3.45%
2023 10.7% 4.37%
2022 15.1% 5.23%
2021 3.84% 4.16%
2020 3.16% 2.41%
2019 2.85% 0.79%
2018 2.15% 0.4%
2017 2.45% 0.69%
2016 0.68% 0.72%
2015 0.31% 1.25%
2014 0.34% 0.45%
2013 1.44% 2.58%
2012 3.29% 1.3%
2011 1.92% 4.91%
2010 1.47% 1.23%
2009 1.02% 1.02%
2008 6.36% 6.31%
2007 2.85% 1.89%
2006 2.53% 2.47%
2005 1.86% 3.89%
2004 2.76% 1.46%
2003 0.12% 3.3%
2002 1.9% 3.08%
2001 4.66% 4.36%
2000 3.78% 2.53%
1999 2.14% 0.7%
1998 10.7% 4.61%
1997 8.6% 4.02%

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

GeoRank.org/economy/czech-republic/ivory-coast | CC BY

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 2.63% in Ivory Coast. In 2024, inflation was 2.44% in the Czech Republic and 3.45% in Ivory Coast.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $12M
Textiles & consumer goods $4.84M
Animal & marine products $1.03M
Raw materials & minerals $880K
Chemicals & pharma $861K
Metals $697K
Wood & paper products $451K
Raw agricultural goods $309K
Processed food, beverages & tobacco $258K
Weapons & explosives $21K
Ivory Coast
Export category Export value
Raw materials & minerals $5.28M
Machinery & equipment $2.15M
Processed food, beverages & tobacco $8K
Chemicals & pharma $7K
Textiles & consumer goods $6K
Precious metals & jewellery $1K

Balance of trade

Czech Republic Ivory Coast
Current account balance
$6.05B
2024
-$9.21B
2023
Current account balance ranking
31/190
2024
175/190
2023
Current account balance, % of GDP
+1.74%
2024
-11.4%
2023
Goods imports
$179B
2024
$15.4B
2023
Goods exports
$197B
2024
$17.1B
2023
Service imports
$38B
2024
$8.78B
2023
Service exports
$42.5B
2024
$1.5B
2023
Imports of goods and services, % of GDP
62.6%
2024
25.2%
2024
Exports of goods and services, % of GDP
68.9%
2024
26%
2024

Economic freedom indices

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

Czech Republic Ivory Coast
Economic freedom 73.2 58.1
Economic freedom ranking 25/197 111/197
Property rights 89.8 43.9
Government integrity 64.7 39.3
Judicial effectiveness 92.1 30.2
Tax burden 78.8 81.6
Government spending 44.2 86.6
Fiscal health 82.5 48
Business freedom 76.8 68.3
Labor freedom 55.1 57.1
Monetary freedom 75 67.6
Trade freedom 79.4 74.4
Investment freedom 70 50
Financial freedom 70 50

Economic freedom comparison by year

Czech Republic
Ivory Coast
1x
Year Economic freedom index
Czech Republic Ivory Coast
2026 73.2 58.1
2025 72.9 57.8
2024 70.2 58.4
2023 71.9 60.4
2022 74.4 61.6
2021 73.8 61.7
2020 74.8 59.7
2019 73.7 62.4
2018 74.2 62
2017 73.3 63
2016 73.2 60
2015 72.5 58.5
2014 72.2 57.7
2013 70.9 54.1
2012 69.9 54.3
2011 70.4 55.4
2010 69.8 54.1
2009 69.4 55
2008 68.1 53.9
2007 67.4 54.9
2006 66.4 56.2
2005 64.6 56.6
2004 67 57.8
2003 67.5 56.7
2002 66.5 57.3
2001 70.2 54.8
2000 68.6 50.2
1999 69.7 51.7
1998 68.4 51.3
1997 68.8 50.5
1996 68.1 49.9
1995 67.8 53.4

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

GeoRank.org/economy/czech-republic/ivory-coast | CC BY

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Ivory Coast
Services, % of GDP
60.2%
2024
51.9%
2024
Industry, % of GDP
29.2%
2024
24%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
15.9%
2024
GNI, Atlas method
$322B
2024
$80.9B
2024
GNI per capita, PPP
$54,800
2024
$7,360
2024
Total reserves including gold
$146B
2024
n/a
Total reserves ranking
22/177
2024
n/a
Net foreign direct investment
-$1.87B
2024
-$2B
2023
Net inflows of foreign direct investment
$13.1B
2024
$3.12B
2024
Net outflows of foreign direct investment
$11.2B
2024
$228M
2024
Servicing debt to the IMF, % of GNI n/a
6.44%
2024
Poverty at national poverty lines
10.2%
2021
37.5%
2021
Gross capital formation, % of GDP
26.3%
2024
20.9%
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/ivory-coast | 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 (1995–2024, 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 (2020–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.