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Economy of Czech Republic vs Kiribati compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $308M for Kiribati, ranking 44/197 and 192/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $30.5M (9.92% of GDP) in Kiribati.

Czech Republic vs Kiribati GDP by year

Czech Republic
Kiribati
1x
Year GDP, current $
Czech Republic Kiribati
2024 $347,034,062,928 $307,862,564
2023 $345,059,295,660 $288,610,748
2022 $301,831,228,326 $270,040,453
2021 $290,972,714,482 $285,259,881
2020 $251,109,660,603 $220,898,020
2019 $256,794,209,029 $216,985,388
2018 $251,992,360,762 $233,514,717
2017 $221,563,575,696 $222,875,736
2016 $198,160,659,304 $206,467,819
2015 $189,107,698,562 $191,559,399
2014 $210,911,285,078 $200,287,282
2013 $213,024,360,541 $201,730,861
2012 $210,363,223,088 $207,001,546
2011 $231,429,378,717 $195,970,140
2010 $211,168,667,286 $165,458,433
2009 $206,971,882,705 $140,177,384
2008 $236,506,264,754 $147,017,895
2007 $190,040,702,287 $138,054,946
2006 $156,236,258,387 $112,338,353
2005 $137,264,185,596 $113,895,437
2004 $120,147,899,984 $104,085,892
2003 $100,435,924,705 $96,105,619
2002 $82,607,869,610 $74,743,869
2001 $68,135,304,464 $64,935,850
2000 $62,175,642,238 $74,910,527
1999 $65,586,562,605 $77,323,978
1998 $67,187,217,328 $74,905,706
1997 $62,539,765,163 $80,205,807
1996 $67,804,105,330 $81,456,854
1995 $60,572,381,311 $68,596,395
1994 $48,188,478,339 $67,055,334
1993 $41,155,654,032 $58,953,596
1992 $35,051,065,440 $61,491,369
1991 $30,071,014,282 $41,247,792
1990 $41,016,881,802 $36,534,295
1989 - $37,645,319
1988 - $38,278,810
1987 - $29,554,413
1986 - $25,993,009
1985 - $26,126,615
1984 - $34,394,167
1983 - $31,000,546
1982 - $32,742,713
1981 - $35,267,489
1980 - $33,157,723
1979 - $34,466,197
1978 - $36,563,965
1977 - $31,335,459
1976 - $33,246,817
1975 - $44,547,454
1974 - $69,256,489
1973 - $25,645,040
1972 - $15,314,346
1971 - $12,356,134
1970 - $11,560,877

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Czech Republic vs Kiribati by year

Czech Republic
GDP per capita

GDP per capita, PPP
Kiribati
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Kiribati
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $2,289 $3,702
2023 $31,762 $55,761 $2,178 $3,486
2022 $28,282 $52,947 $2,070 $3,329
2021 $27,696 $47,796 $2,222 $3,020
2020 $23,473 $44,839 $1,752 $2,711
2019 $24,063 $45,614 $1,751 $2,763
2018 $23,706 $41,638 $1,913 $2,672
2017 $20,913 $39,346 $1,853 $2,562
2016 $18,754 $36,445 $1,743 $2,463
2015 $17,932 $34,093 $1,640 $2,311
2014 $20,038 $32,743 $1,737 $2,084
2013 $20,260 $31,013 $1,772 $2,049
2012 $20,014 $29,466 $1,844 $1,896
2011 $22,049 $29,237 $1,771 $1,786
2010 $20,160 $28,154 $1,522 $1,724
2009 $19,817 $27,713 $1,317 $1,718
2008 $22,775 $27,938 $1,411 $1,735
2007 $18,453 $26,268 $1,353 $1,792
2006 $15,259 $23,914 $1,123 $1,728
2005 $13,442 $22,115 $1,162 $1,617
2004 $11,783 $20,988 $1,083 $1,579
2003 $9,852 $19,604 $1,021 $1,578
2002 $8,101 $18,344 $810 $1,605
2001 $6,669 $17,709 $719 $1,591
2000 $6,063 $16,332 $845 $1,638
1999 $6,378 $15,494 $887 $1,526
1998 $6,527 $15,064 $874 $1,593
1997 $6,069 $14,911 $953 $1,535
1996 $6,573 $14,781 $986 $1,519
1995 $5,865 $13,957 $844 $1,518
1994 $4,663 $12,862 $838 $1,469
1993 $3,984 $12,242 $748 $1,431
1992 $3,397 $11,963 $792 $1,421
1991 $2,917 $11,768 $540 $1,139
1990 $3,969 $12,848 $488 $1,192
1989 - - $515 -
1988 - - $536 -
1987 - - $424 -
1986 - - $382 -
1985 - - $393 -
1984 - - $527 -
1983 - - $483 -
1982 - - $519 -
1981 - - $568 -
1980 - - $542 -
1979 - - $573 -
1978 - - $611 -
1977 - - $520 -
1976 - - $548 -
1975 - - $730 -
1974 - - $1,131 -
1973 - - $422 -
1972 - - $256.2 -
1971 - - $210.7 -
1970 - - $201 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $2,289 in Kiribati, ranking 152/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Kiribati ranks 169th at $3,702.

Economic indicators

Czech Republic Kiribati
Gross domestic product
$347B
2024
$308M
2024
GDP rank
44/197
2024
192/197
2024
GDP growth
1.23%
2023-2024
5.27%
2023-2024
GDP per capita
$31,823
2024
$2,289
2024
GDP per capita rank
39/197
2024
152/197
2024
GDP per capita, PPP
$57,285
2024
$3,702
2024
GDP per capita PPP rank
35/197
2024
169/197
2024
Government debt
$150B
2024
$30.5M
2024
Debt-to-GDP ratio
43.3%
2024
9.92%
2024
Government debt per person
$13,792
2024
$226.9
2024
Government debt per person rank
43/185
2024
181/185
2024
Average annual personal income after taxes
$22,139
2026
$1,967
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
22.8%
2019
Income share by poorest 10%
3.8%
2023
4%
2019
Government expenditure, % of GDP
42.8%
2024
98.1%
2024
Consumer prices inflation
2.44%
2023-2024
2.5%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
2.79%
2023
Population
10649126
139020

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Kiribati
Spending

Debt
1x
Year % of GDP
Czech Republic Kiribati
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 98.1% 9.92%
2023 43.7% 42.2% 95.3% 11.4%
2022 43% 42.5% 87.5% 16.3%
2021 45% 40.7% 84% 17.3%
2020 46.3% 36.9% 102.2% 21%
2019 40.4% 29.6% 108.3% 19%
2018 40.1% 31.7% 108.8% 19%
2017 38.5% 33.8% 92.1% 20.2%
2016 39.4% 36.2% 99% 21.2%
2015 41.7% 39.5% 90.9% 18.8%
2014 42.3% 41.5% 101.2% 8.97%
2013 42.4% 44.1% 78% 8.86%
2012 44.4% 43.8% 83.9% 8.13%
2011 42.8% 39.4% 80.9% 8.8%
2010 43.2% 36.7% 75.7% 9.43%
2009 44.5% 33.4% 74.7% 10.3%
2008 40.9% 28.2% 79.4% 13.9%
2007 40.5% 27.3% 77.3% 11.1%
2006 41.5% 27.6% 82.1% 12.9%
2005 42.3% 27.7% 95.6% 12.1%
2004 42.2% 28.3% 103.8% 13.6%
2003 49% 28.1% 84.4% 12.3%
2002 44.4% 25.7% 96.9% 13.3%
2001 43.1% 22.6% 101.3% 17%
2000 40.6% 16.9% 66% 12.7%
1999 40.9% 15.1% 77.6% 11.8%
1998 41.6% 13.9% 74.7% 9.81%
1997 41.3% 12.1% 70.9% 10.7%
1996 41.4% 11.5% 68.4% 11%
1995 52.8% 13.5% 69.6% 12.3%
1994 - - 54.6% 12.3%
1993 - - 55.3% 10.9%
1992 - - 65.9% 7.31%
1991 - - 82.1% 8.43%
1990 - - 105.5% 7.72%

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

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Kiribati spent $302M, or 98.1% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 9.92% in Kiribati, ranking 124/185 and 180/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Kiribati
1x
Year Deficit/surplus, % of GDP
Czech Republic Kiribati
2024 -1.99% -22%
2023 -3.73% 0.13%
2022 -3.07% -18.3%
2021 -4.95% -10.8%
2020 -5.65% 3.57%
2019 0.28% 10.8%
2018 0.88% 5.18%
2017 1.46% 34.1%
2016 0.68% 20.1%
2015 -0.67% 42.5%
2014 -2.09% 35%
2013 -1.3% 11.8%
2012 -3.92% -5.43%
2011 -2.71% -17.6%
2010 -4.14% -7.8%
2009 -5.46% -8.56%
2008 -2% -15.8%
2007 -0.68% -12.5%
2006 -2.19% -12.3%
2005 -3.06% -9.96%
2004 -2.4% -19.2%
2003 -6.87% -8.93%
2002 -6.34% 3.13%
2001 -5.76% -10.9%
2000 -3.55% -0.03%
1999 -3.08% -1.81%
1998 -4.14% 14.6%
1997 -3.14% 5.92%
1996 -2.98% -20.2%
1995 -12.3% -5.14%
1994 - 0.74%
1993 - 6.27%
1992 - 0.79%
1991 - 3.87%
1990 - -4.62%

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

GeoRank.org/economy/czech-republic/kiribati | 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 Kiribati's deficit of $67.7M, or 22% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Kiribati ran a deficit in 18 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 0.68% of GDP for Kiribati.

Inflation comparison by year

Inflation
Czech Republic

Kiribati
1x
Year Consumer prices inflation
Czech Republic Kiribati
2024 2.44% 2.5%
2023 10.7% 9.3%
2022 15.1% 5.3%
2021 3.84% 2.1%
2020 3.16% 2.6%
2019 2.85% -1.8%
2018 2.15% 0.6%
2017 2.45% 0.4%
2016 0.68% 1.9%
2015 0.31% 0.6%
2014 0.34% 2.1%
2013 1.44% -1.5%
2012 3.29% -3%
2011 1.92% 1.5%
2010 1.47% -3.9%
2009 1.02% 9.8%
2008 6.36% 13.7%
2007 2.85% 3.6%
2006 2.53% -1%
2005 1.86% -0.4%
2004 2.76% -0.7%
2003 0.12% 1.6%
2002 1.9% 3.2%
2001 4.66% 6%
2000 3.78% 0.4%
1999 2.14% 1.8%
1998 10.7% 3.7%
1997 8.6% 2.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 2.25% in Kiribati. In 2024, inflation was 2.44% in the Czech Republic and 2.5% in Kiribati.

Balance of trade

Czech Republic Kiribati
Current account balance
$6.05B
2024
-$59.5M
2024
Current account balance ranking
31/190
2024
85/190
2024
Current account balance, % of GDP
+1.74%
2024
-19.3%
2024
Goods imports
$179B
2024
$227M
2024
Goods exports
$197B
2024
$8.49M
2024
Service imports
$38B
2024
$108M
2024
Service exports
$42.5B
2024
$7M
2024
Imports of goods and services, % of GDP
62.6%
2024
94.9%
2024
Exports of goods and services, % of GDP
68.9%
2024
6.27%
2024

Economic freedom indices

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

Czech Republic Kiribati
Economic freedom 73.2 50.8
Economic freedom ranking 25/197 158/197
Property rights 89.8 69.6
Government integrity 64.7 50.5
Judicial effectiveness 92.1 54.6
Tax burden 78.8 72.6
Government spending 44.2 0
Fiscal health 82.5 19.8
Business freedom 76.8 60.2
Labor freedom 55.1 65.3
Monetary freedom 75 76.7
Trade freedom 79.4 80
Investment freedom 70 30
Financial freedom 70 30

Economic freedom comparison by year

Czech Republic
Kiribati
1x
Year Economic freedom index
Czech Republic Kiribati
2026 73.2 50.8
2025 72.9 50.9
2024 70.2 51.3
2023 71.9 58.8
2022 74.4 59.2
2021 73.8 44.4
2020 74.8 45.2
2019 73.7 47.3
2018 74.2 50.8
2017 73.3 50.9
2016 73.2 46.2
2015 72.5 46.4
2014 72.2 46.3
2013 70.9 45.9
2012 69.9 46.9
2011 70.4 44.8
2010 69.8 43.7
2009 69.4 45.7
2008 68.1 -
2007 67.4 -
2006 66.4 -
2005 64.6 -
2004 67 -
2003 67.5 -
2002 66.5 -
2001 70.2 -
2000 68.6 -
1999 69.7 -
1998 68.4 -
1997 68.8 -
1996 68.1 -
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 50.8 for Kiribati, ranking 158/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Kiribati
Services, % of GDP
60.2%
2024
67.1%
2023
Industry, % of GDP
29.2%
2024
11.5%
2023
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
27.2%
2023
GNI, Atlas method
$322B
2024
$493M
2024
GNI per capita, PPP
$54,800
2024
$6,060
2024
Total reserves including gold
$146B
2024
n/a
Total reserves ranking
22/177
2024
n/a
Net foreign direct investment
-$1.87B
2024
-$8.06M
2024
Net inflows of foreign direct investment
$13.1B
2024
$8.07M
2024
Net outflows of foreign direct investment
$11.2B
2024
$16.4K
2024
Poverty at national poverty lines
10.2%
2021
5.5%
2023
Gross capital formation, % of GDP
26.3%
2024
25.8%
2023

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/kiribati | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.

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.