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Economy of Czech Republic vs Kenya compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $120B for Kenya, ranking 44/197 and 64/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $81B (67.3% of GDP) in Kenya.

Czech Republic vs Kenya GDP by year

Czech Republic
Kenya
1x
Year GDP, current $
Czech Republic Kenya
2024 $347,034,062,928 $120,339,557,906
2023 $345,059,295,660 $107,500,884,685
2022 $301,831,228,326 $114,448,978,153
2021 $290,972,714,482 $109,703,658,905
2020 $251,109,660,603 $100,657,505,751
2019 $256,794,209,029 $100,378,436,207
2018 $251,992,360,762 $92,202,979,985
2017 $221,563,575,696 $82,036,510,877
2016 $198,160,659,304 $74,815,144,164
2015 $189,107,698,562 $70,120,446,897
2014 $210,911,285,078 $68,285,796,514
2013 $213,024,360,541 $61,671,440,408
2012 $210,363,223,088 $56,396,704,672
2011 $231,429,378,717 $46,869,473,151
2010 $211,168,667,286 $45,405,615,064
2009 $206,971,882,705 $42,347,217,913
2008 $236,506,264,754 $35,895,153,328
2007 $190,040,702,287 $31,958,195,182
2006 $156,236,258,387 $25,825,512,284
2005 $137,264,185,596 $18,737,895,513
2004 $120,147,899,984 $16,095,337,094
2003 $100,435,924,705 $14,904,517,650
2002 $82,607,869,610 $13,147,736,899
2001 $68,135,304,464 $12,986,007,426
2000 $62,175,642,238 $12,705,350,098
1999 $65,586,562,605 $12,896,010,459
1998 $67,187,217,328 $14,093,998,844
1997 $62,539,765,163 $13,115,764,358
1996 $67,804,105,330 $12,045,865,396
1995 $60,572,381,311 $9,046,320,255
1994 $48,188,478,339 $7,148,148,564
1993 $41,155,654,032 $5,751,786,643
1992 $35,051,065,440 $8,209,120,763
1991 $30,071,014,282 $8,151,488,783
1990 $41,016,881,802 $8,572,359,038
1989 - $8,283,114,514
1988 - $8,355,380,879
1987 - $7,970,820,369
1986 - $7,239,126,568
1985 - $6,135,034,214
1984 - $6,191,437,070
1983 - $5,979,198,314
1982 - $6,431,579,357
1981 - $6,854,491,706
1980 - $7,265,315,820
1979 - $6,234,391,113
1978 - $5,303,735,111
1977 - $4,494,378,764
1976 - $3,474,542,392
1975 - $3,259,345,083
1974 - $2,969,958,812
1973 - $2,509,001,324
1972 - $2,107,279,157
1971 - $1,778,391,289
1970 - $1,603,447,359
1969 - $1,458,379,417
1968 - $1,353,295,459
1967 - $1,232,559,507
1966 - $1,164,519,674
1965 - $997,919,321
1964 - $998,759,334
1963 - $926,589,349
1962 - $868,111,401
1961 - $792,959,473
1960 - $791,265,459

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

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

GDP per capita in Czech Republic vs Kenya by year

Czech Republic
GDP per capita

GDP per capita, PPP
Kenya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Kenya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $2,132 $6,644
2023 $31,762 $55,761 $1,943 $6,317
2022 $28,282 $52,947 $2,110 $5,883
2021 $27,696 $47,796 $2,061 $5,339
2020 $23,473 $44,839 $1,928 $4,793
2019 $24,063 $45,614 $1,960 $4,687
2018 $23,706 $41,638 $1,836 $4,412
2017 $20,913 $39,346 $1,667 $4,177
2016 $18,754 $36,445 $1,554 $3,917
2015 $17,932 $34,093 $1,489 $3,678
2014 $20,038 $32,743 $1,483 $3,359
2013 $20,260 $31,013 $1,371 $3,106
2012 $20,014 $29,466 $1,285 $2,847
2011 $22,049 $29,237 $1,096 $2,750
2010 $20,160 $28,154 $1,092 $2,635
2009 $19,817 $27,713 $1,048 $2,480
2008 $22,775 $27,938 $916 $2,459
2007 $18,453 $26,268 $840 $2,481
2006 $15,259 $23,914 $700 $2,330
2005 $13,442 $22,115 $523 $2,189
2004 $11,783 $20,988 $464 $2,066
2003 $9,852 $19,604 $443 $1,975
2002 $8,101 $18,344 $403 $1,940
2001 $6,669 $17,709 $411 $1,961
2000 $6,063 $16,332 $415 $1,907
1999 $6,378 $15,494 $434 $1,910
1998 $6,527 $15,064 $488 $1,895
1997 $6,069 $14,911 $467 $1,865
1996 $6,573 $14,781 $441 $1,875
1995 $5,865 $13,957 $340 $1,818
1994 $4,663 $12,862 $276.4 $1,754
1993 $3,984 $12,242 $229 $1,723
1992 $3,397 $11,963 $337 $1,728
1991 $2,917 $11,768 $345 $1,756
1990 $3,969 $12,848 $374 $1,729
1989 - - $374 -
1988 - - $391 -
1987 - - $387 -
1986 - - $364 -
1985 - - $320 -
1984 - - $334 -
1983 - - $335 -
1982 - - $374 -
1981 - - $413 -
1980 - - $454 -
1979 - - $403 -
1978 - - $355 -
1977 - - $311 -
1976 - - $248.9 -
1975 - - $241.2 -
1974 - - $227.2 -
1973 - - $198.6 -
1972 - - $172.6 -
1971 - - $150.9 -
1970 - - $141 -
1969 - - $133.3 -
1968 - - $128.7 -
1967 - - $121.9 -
1966 - - $119.8 -
1965 - - $106.9 -
1964 - - $111.3 -
1963 - - $107.4 -
1962 - - $104.6 -
1961 - - $99.3 -
1960 - - $102.8 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $2,132 in Kenya, ranking 154/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Kenya ranks 149th at $6,644.

Economic indicators

Czech Republic Kenya
Gross domestic product
$347B
2024
$120B
2024
GDP rank
44/197
2024
64/197
2024
GDP growth
1.23%
2023-2024
4.72%
2023-2024
GDP per capita
$31,823
2024
$2,132
2024
GDP per capita rank
39/197
2024
154/197
2024
GDP per capita, PPP
$57,285
2024
$6,644
2024
GDP per capita PPP rank
35/197
2024
149/197
2024
Government debt
$150B
2024
$81B
2024
Debt-to-GDP ratio
43.3%
2024
67.3%
2024
Government debt per person
$13,792
2024
$1,436
2024
Government debt per person rank
43/185
2024
133/185
2024
Average annual personal income after taxes
$22,139
2026
$3,229
2026
Market capitalization of domestic companies
$34.6B
2024
$15B
2024
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
30.1%
2022
Income share by poorest 10%
3.8%
2023
2.9%
2022
Government expenditure, % of GDP
42.8%
2024
23.3%
2024
Consumer prices inflation
2.44%
2023-2024
4.49%
2023-2024
Central bank interest rate
3.5%
2025
9.25%
2025
Unemployment rate
2.6%
2024
5.44%
2022
Population
10649126
58955623

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Kenya
Spending

Debt
1x
Year % of GDP
Czech Republic Kenya
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 23.3% 67.3%
2023 43.7% 42.2% 22.7% 73.4%
2022 43% 42.5% 23.2% 67.8%
2021 45% 40.7% 24% 68.2%
2020 46.3% 36.9% 24.8% 68%
2019 40.4% 29.6% 24.4% 59.1%
2018 40.1% 31.7% 24.5% 56.4%
2017 38.5% 33.8% 25.2% 53.9%
2016 39.4% 36.2% 25.4% 50.4%
2015 41.7% 39.5% 23.8% 45.8%
2014 42.3% 41.5% 23.4% 41.3%
2013 42.4% 44.1% 23.2% 39.8%
2012 44.4% 43.8% 22.1% 37.6%
2011 42.8% 39.4% 20.1% 35.7%
2010 43.2% 36.7% 21.5% 36.7%
2009 44.5% 33.4% 20.3% 36%
2008 40.9% 28.2% 18.9% 34.3%
2007 40.5% 27.3% 18.1% 34.2%
2006 41.5% 27.6% 17.3% 37.1%
2005 42.3% 27.7% 16.2% 37.4%
2004 42.2% 28.3% 15.4% 40.8%
2003 49% 28.1% 16% 43.8%
2002 44.4% 25.7% 15.7% 42%
2001 43.1% 22.6% 14.9% 41.3%
2000 40.6% 16.9% 14.1% 43.1%
1999 40.9% 15.1% 13.7% 38.4%
1998 41.6% 13.9% 15.3% 38.5%
1997 41.3% 12.1% 15.6% 36%
1996 41.4% 11.5% 15.2% 40.5%
1995 52.8% 13.5% 17.3% 52.1%
1994 - - 18.8% 57%
1993 - - 18.9% 61.6%
1992 - - 17.6% 41.2%
1991 - - 16.4% 43%
1990 - - 17.2% 37.6%
1989 - - 16.3% 33.4%
1988 - - 15.9% 33.9%
1987 - - 15.5% 36.3%
1986 - - 15.3% 31.3%
1985 - - 15.6% 28.8%
1984 - - 14.9% 25.6%
1983 - - 14.6% 26.1%
1982 - - 16.2% 26.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Kenya spent $28B, or 23.3% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 67.3% in Kenya, ranking 124/185 and 64/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Kenya
1x
Year Deficit/surplus, % of GDP
Czech Republic Kenya
2024 -1.99% -5.77%
2023 -3.73% -5.71%
2022 -3.07% -6.06%
2021 -4.95% -7.2%
2020 -5.65% -8.13%
2019 0.28% -7.42%
2018 0.88% -6.94%
2017 1.46% -7.4%
2016 0.68% -7.47%
2015 -0.67% -6.68%
2014 -2.09% -5.75%
2013 -1.3% -5.25%
2012 -3.92% -5.29%
2011 -2.71% -3.64%
2010 -4.14% -3.67%
2009 -5.46% -3.12%
2008 -2% -1.95%
2007 -0.68% -0.95%
2006 -2.19% -0.43%
2005 -3.06% -0.19%
2004 -2.4% 0.5%
2003 -6.87% -0.73%
2002 -6.34% -1.29%
2001 -5.76% -0.53%
2000 -3.55% 0.38%
1999 -3.08% 0.84%
1998 -4.14% -0.03%
1997 -3.14% -0.91%
1996 -2.98% -0.49%
1995 -12.3% -0.23%
1994 - -4.14%
1993 - -8.57%
1992 - -8.28%
1991 - -6.56%
1990 - -3.28%
1989 - -2.39%
1988 - -1.97%
1987 - -2.27%
1986 - -2.98%
1985 - -3.05%
1984 - -2.55%
1983 - -2.17%
1982 - -3.07%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/kenya | 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 Kenya's deficit of $6.94B, or 5.77% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Kenya ran a deficit in 27 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 3.38% of GDP for Kenya.

Inflation comparison by year

Inflation
Czech Republic

Kenya
1x
Year Consumer prices inflation
Czech Republic Kenya
2024 2.44% 4.49%
2023 10.7% 7.67%
2022 15.1% 7.66%
2021 3.84% 6.11%
2020 3.16% 5.41%
2019 2.85% 5.24%
2018 2.15% 4.69%
2017 2.45% 8.01%
2016 0.68% 6.3%
2015 0.31% 6.58%
2014 0.34% 6.88%
2013 1.44% 5.72%
2012 3.29% 9.38%
2011 1.92% 14%
2010 1.47% 3.96%
2009 1.02% 9.23%
2008 6.36% 26.2%
2007 2.85% 9.76%
2006 2.53% 14.5%
2005 1.86% 10.3%
2004 2.76% 11.6%
2003 0.12% 9.82%
2002 1.9% 1.96%
2001 4.66% 5.74%
2000 3.78% 9.98%
1999 2.14% 5.74%
1998 10.7% 6.72%
1997 8.6% 11.4%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 8.39% in Kenya. In 2024, inflation was 2.44% in the Czech Republic and 4.49% in Kenya.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $10.2M
Textiles & consumer goods $2.72M
Miscellaneous $1.52M
Weapons & explosives $746K
Chemicals & pharma $680K
Raw materials & minerals $563K
Metals $352K
Processed food, beverages & tobacco $296K
Wood & paper products $278K
Raw agricultural goods $270K
Kenya
Export category Export value
Textiles & consumer goods $1.01M
Machinery & equipment $630K
Raw agricultural goods $195K
Chemicals & pharma $59K
Precious metals & jewellery $25K
Processed food, beverages & tobacco $18K
Animal & marine products $13K
Raw materials & minerals $5K
Wood & paper products $2K

Balance of trade

Czech Republic Kenya
Current account balance
$6.05B
2024
-$1.55B
2024
Current account balance ranking
31/190
2024
134/190
2024
Current account balance, % of GDP
+1.74%
2024
-1.29%
2024
Goods imports
$179B
2024
$22.2B
2024
Goods exports
$197B
2024
$12.5B
2024
Service imports
$38B
2024
$5.64B
2024
Service exports
$42.5B
2024
$8.04B
2024
Imports of goods and services, % of GDP
62.6%
2024
23.1%
2024
Exports of goods and services, % of GDP
68.9%
2024
17.1%
2024

Economic freedom indices

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

Czech Republic Kenya
Economic freedom 73.2 55.5
Economic freedom ranking 25/197 128/197
Property rights 89.8 40.2
Government integrity 64.7 32.7
Judicial effectiveness 92.1 47
Tax burden 78.8 76.3
Government spending 44.2 84.1
Fiscal health 82.5 36.2
Business freedom 76.8 61.5
Labor freedom 55.1 56.5
Monetary freedom 75 75.1
Trade freedom 79.4 52
Investment freedom 70 55
Financial freedom 70 50

Economic freedom comparison by year

Czech Republic
Kenya
1x
Year Economic freedom index
Czech Republic Kenya
2026 73.2 55.5
2025 72.9 54.8
2024 70.2 53.6
2023 71.9 52.5
2022 74.4 52.6
2021 73.8 54.9
2020 74.8 55.3
2019 73.7 55.1
2018 74.2 54.7
2017 73.3 53.5
2016 73.2 57.5
2015 72.5 55.6
2014 72.2 57.1
2013 70.9 55.9
2012 69.9 57.5
2011 70.4 57.4
2010 69.8 57.5
2009 69.4 58.7
2008 68.1 59.3
2007 67.4 59.6
2006 66.4 59.7
2005 64.6 57.9
2004 67 57.7
2003 67.5 58.6
2002 66.5 58.2
2001 70.2 57.6
2000 68.6 59.7
1999 69.7 58.2
1998 68.4 58.4
1997 68.8 60.1
1996 68.1 56.4
1995 67.8 54.5

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 55.5 for Kenya, ranking 128/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Kenya
Services, % of GDP
60.2%
2024
55.3%
2024
Industry, % of GDP
29.2%
2024
16.5%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
22.5%
2024
GNI, Atlas method
$322B
2024
$118B
2024
GNI per capita, PPP
$54,800
2024
$6,540
2024
Total reserves including gold
$146B
2024
$10.1B
2024
Total reserves ranking
22/177
2024
75/177
2024
Net foreign direct investment
-$1.87B
2024
-$45.8M
2024
Net inflows of foreign direct investment
$13.1B
2024
$463M
2024
Net outflows of foreign direct investment
$11.2B
2024
$418M
2024
Servicing debt to the IMF, % of GNI n/a
4.79%
2024
Poverty at national poverty lines
10.2%
2021
39.8%
2022
Gross capital formation, % of GDP
26.3%
2024
16.8%
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/kenya | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1997, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.