The Czech Republic vs Kuwait: Economic Indicators Comparison
The Czech Republic with a GDP of $245.2B ranked the 46th largest economy in the world, while Kuwait ranked 58th with $140.6B. By GDP 5-years average growth and GDP per capita, the Czech Republic and Kuwait ranked 64th vs 163rd and 43rd vs 30th, respectively.
Gross Domestic Product & Income
| Stat |  Czech Republic |  Kuwait |
|---|---|---|
| GDP | $245.2B | $140.6B |
| GDP growth, 1 year | 2.9% | 1.7% |
| GDP growth, 5-years average | 3.5% | 0.5% |
| Population | 10.7M | 4.6M |
| GDP per capita | $23k | $34k |
| GDP per capita growth | 2.65% | -0.74% |
| Purchasing Power Parity conversion factor | 12.62 | 0.14 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.58 | 0.47 |
| GDP per capita, PPP adjusted | $37k | $67k |
| GNI, Atlas method | $215B | $141.9B |
| GNI per capita | $20k | $34k |
| GNI, PPP adjusted | $398.8B | $348.6B |
| GNI per capita, PPP adjusted | $38k | $84k |
Financial system and Human development
| Stat | Czech Republic | Kuwait |
|---|---|---|
| Income Tax Rate | 15% | 0% |
| Corporate Tax Rate | 19% | 15% |
| Inflation, consumer prices | 2.2% | 0.7% |
| Inflation, GDP deflator | 2.5% | 14.6% |
| Unemployment | 2.4% | 2.1% |
| Economic Freedom Index | 74.8 | 63.2 |
| Personal Freedom Index | 9.13 | 6.24 |
| Human Freedom Index | 8.3 | 6.6 |
| Property Rights Index | 76.8 | 57.1 |
| Judical Effectiveness Index | 49.9 | 47 |
| Business Freedom Index | 69.7 | 61.3 |
| Fiscal Health Index | 97.8 | 99.6 |
| Labor Freedom Index | 77.6 | 62.2 |
| Investment Freedom Index | 80 | 55 |
| Financial Freedom Index | 80 | 60 |
| Trade Freedom Index | 86.4 | 76.4 |
| Monetary Freedom Index | 80.8 | 73.2 |
| Government Spending Index | 52.7 | 22.4 |
| Tax Burden Index | 82 | 97.7 |
| Government Integrity Index | 64.2 | 46 |
| Corruption Perceptions Index | 59 | 41 |
| Life expectancy at birth, years | 79.5 | 75.3 |
| Suicide mortality rate, per 100,000 people | 13.1 | 2.3 |
| Mortality caused by road traffic injury, per 100,000 people | 5.9 | 17.6 |
| Intentional homicides, per 100,000 people | 0.6 | 1.8 |
| International tourism, number of arrivals | 10.6M | 8.5M |
Government debt & reserves
| Stat | Czech Republic | Kuwait |
|---|---|---|
| Central government debt, % of GDP | 33% | 14.8% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 10.3% | 14.6% |
| Gross savings, % of GDP | 26.2% | 43.2% |
| Gross capital formation, % of GDP | 26.2% | 25.2% |
| Total reserves including gold | $142.5B | $40.3B |
| Foreign direct investment net inflows | $8.5B | -$21.4M |
Exports, imports and economic structure
| Stat | Czech Republic | Kuwait |
|---|---|---|
| Exports of goods and services, % of GDP | 78.4% | 56.7% |
| Imports of goods and services, % of GDP | 72% | 43.8% |
| Current account balance (balance of payments) | $860M | $24B |
| Revenue excluding grants, % of GDP | 31.8% | 38.6% |
| Grants excluding technical cooperation, BoP | $243M | $1.6M |
| Personal remittances received | $3.9B | $27.7M |
| Industry including construction value added, % of GDP | 32.2% | 59.6% |
| Agriculture, forestry and fishing value added, % of GDP | 2% | 0.4% |
| Charges for the use of intellectual property, payments BoP | $1.5B | N/A |
| Charges for the use of intellectual property, receipts BoP | $495.7M | N/A |
| Expense, % of GDP | 32.1% | 52% |
| Government Expenditure, % of GDP | 39.7% | 50.9% |
