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Economy of Czech Republic vs Laos compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $18.3B for Laos, ranking 42/197 and 138/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $14.8B (80.6% of GDP) in Laos.

Czech Republic vs Laos GDP by year

Czech Republic
Laos
1x
Year GDP, current $
Czech Republic Laos
2025 $391,026,962,800 $18,302,970,219
2024 $347,082,562,221 $16,502,933,121
2023 $345,059,295,660 $15,843,155,731
2022 $301,831,228,326 $15,468,785,204
2021 $290,972,714,482 $18,827,148,531
2020 $251,109,660,603 $18,981,805,250
2019 $256,794,209,029 $18,740,561,513
2018 $251,992,360,762 $18,141,641,090
2017 $221,563,575,696 $17,071,155,481
2016 $198,160,659,304 $15,912,501,723
2015 $189,107,698,562 $14,426,380,126
2014 $210,911,285,078 $13,279,245,886
2013 $213,024,360,541 $11,983,252,627
2012 $210,363,223,088 $10,192,846,339
2011 $231,429,378,717 $8,750,104,617
2010 $211,168,667,286 $7,131,771,015
2009 $206,971,882,705 $5,836,137,330
2008 $236,506,264,754 $5,446,433,157
2007 $190,040,702,287 $4,223,152,739
2006 $156,236,258,387 $3,455,030,061
2005 $137,264,185,596 $2,735,558,735
2004 $120,147,899,984 $2,366,398,120
2003 $100,435,924,705 $2,023,324,407
2002 $82,607,869,610 $1,758,176,653
2001 $68,135,304,464 $1,768,619,058
2000 $62,175,642,238 $1,731,198,022
1999 $65,586,562,605 $1,454,430,642
1998 $67,187,217,328 $1,280,177,839
1997 $62,539,765,163 $1,747,011,857
1996 $67,804,105,330 $1,873,671,550
1995 $60,572,381,311 $1,763,536,305
1994 $48,188,478,339 $1,543,606,345
1993 $41,155,654,032 $1,327,748,690
1992 $35,051,065,440 $1,127,806,945
1991 $30,071,014,282 $1,028,087,972
1990 $41,016,881,802 $865,559,879
1989 - $714,046,821
1988 - $598,961,269
1987 - $1,087,273,104
1986 - $1,776,842,097
1985 - $2,366,666,616
1984 - $1,757,142,856

Data sources: World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08).

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

GDP per capita in Czech Republic vs Laos by year

Czech Republic
GDP per capita

GDP per capita, PPP
Laos
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Laos
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $2,325 -
2024 $31,828 $57,285 $2,124 $9,776
2023 $31,762 $55,761 $2,067 $9,292
2022 $28,282 $52,947 $2,046 $8,766
2021 $27,696 $47,796 $2,526 $8,080
2020 $23,473 $44,839 $2,584 $7,913
2019 $24,063 $45,614 $2,589 $7,743
2018 $23,706 $41,638 $2,545 $7,487
2017 $20,913 $39,346 $2,432 $7,142
2016 $18,754 $36,445 $2,303 $6,743
2015 $17,932 $34,093 $2,121 $6,086
2014 $20,038 $32,743 $1,981 $5,799
2013 $20,260 $31,013 $1,813 $5,222
2012 $20,014 $29,466 $1,564 $4,781
2011 $22,049 $29,237 $1,362 $4,100
2010 $20,160 $28,154 $1,126 $3,772
2009 $19,817 $27,713 $935 $3,485
2008 $22,775 $27,938 $886 $3,271
2007 $18,453 $26,268 $697 $3,021
2006 $15,259 $23,914 $579 $2,777
2005 $13,442 $22,115 $466 $2,519
2004 $11,783 $20,988 $409 $2,315
2003 $9,852 $19,604 $355 $2,151
2002 $8,101 $18,344 $313 $2,020
2001 $6,669 $17,709 $320 $1,908
2000 $6,063 $16,332 $319 $1,794
1999 $6,378 $15,494 $272.3 $1,686
1998 $6,527 $15,064 $243.9 $1,577
1997 $6,069 $14,911 $339 $1,528
1996 $6,573 $14,781 $371 $1,435
1995 $5,865 $13,957 $358 $1,349
1994 $4,663 $12,862 $321 $1,265
1993 $3,984 $12,242 $283.4 $1,176
1992 $3,397 $11,963 $247.3 $1,114
1991 $2,917 $11,768 $231.8 $1,061
1990 $3,969 $12,848 $200.7 $1,012
1989 - - $170.4 -
1988 - - $147.1 -
1987 - - $274.7 -
1986 - - $462 -
1985 - - $633 -
1984 - - $483 -

Data sources: World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08).

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $2,325 in Laos, ranking 155/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Laos ranks 134th at $9,776.

Economic indicators

Czech Republic Laos
Gross domestic product
$391B
2025
$18.3B
2025
GDP rank
42/197
2025
138/197
2025
GDP growth
2.58%
2024-2025
4.54%
2024-2025
GDP per capita
$35,917
2025
$2,325
2025
GDP per capita rank
35/197
2025
155/197
2025
GDP per capita, PPP
$57,285
2024
$9,776
2024
GDP per capita PPP rank
35/197
2024
134/197
2024
Government debt
$174B
2025
$14.8B
2025
Debt-to-GDP ratio
44.6%
2025
80.6%
2025
Government debt per person
$16,026
2025
$1,874
2025
Government debt per person rank
42/185
2025
120/185
2025
Average annual personal income after taxes
$22,312
2026
$2,426
2026
Market capitalization of domestic companies
$55.4B
2025
n/a
Number of billionaires
11
2026
n/a
Income share by richest 10%
21.5%
2023
28.5%
2024
Income share by poorest 10%
3.8%
2023
3.3%
2024
Government expenditure, % of GDP
43.5%
2025
17.9%
2025
Consumer prices inflation
2.46%
2024-2025
7.7%
2024-2025
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.8%
2025
1.21%
2022
Population
10742283
8027464

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Laos
Spending

Debt
1x
Year % of GDP
Czech Republic Laos
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 17.9% 80.6%
2024 42.9% 43.3% 15.8% 94.7%
2023 43.7% 42.2% 16.5% 108.9%
2022 43% 42.5% 14.7% 115.7%
2021 45% 40.7% 15.7% 92.2%
2020 46.3% 36.9% 18.4% 75.4%
2019 40.4% 29.6% 18.6% 69.1%
2018 40.1% 31.7% 20.7% 60.6%
2017 38.5% 33.8% 21.8% 57.2%
2016 39.4% 36.2% 21.1% 54.5%
2015 41.7% 39.5% 25.8% 53.1%
2014 42.3% 41.5% 25% 53.5%
2013 42.4% 44.1% 24.2% 49.5%
2012 44.4% 43.8% 24.7% 46.1%
2011 42.8% 39.4% 20.2% 43%
2010 43.2% 36.7% 22.4% 49.3%
2009 44.5% 33.4% 20.1% 51.8%
2008 40.9% 28.2% 16.1% 51.7%
2007 40.5% 27.3% 15.1% 55.9%
2006 41.5% 27.6% 14.7% 60%
2005 42.3% 27.7% 15.3% 73.2%
2004 42.2% 28.3% 13.6% 80.7%
2003 49% 28.1% 16% 90.1%
2002 44.4% 25.7% 16.6% 95.3%
2001 43.1% 22.6% 18.8% 94.7%
2000 40.6% 16.9% 19.9% -
1999 40.9% 15.1% - -
1998 41.6% 13.9% - -
1997 41.3% 12.1% - -
1996 41.4% 11.5% - -
1995 52.8% 13.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Laos spent $3.28B, or 17.9% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 80.6% in Laos, ranking 119/185 and 41/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Laos
1x
Year Deficit/surplus, % of GDP
Czech Republic Laos
2025 -2.03% 1.64%
2024 -2.03% 2.36%
2023 -3.73% -0.01%
2022 -3.07% 0.06%
2021 -4.95% -0.67%
2020 -5.65% -5.37%
2019 0.28% -3.2%
2018 0.88% -4.46%
2017 1.46% -5.51%
2016 0.68% -5.06%
2015 -0.67% -5.57%
2014 -2.09% -3.13%
2013 -1.3% -4.03%
2012 -3.92% -2.34%
2011 -2.71% -1.43%
2010 -4.14% -1.47%
2009 -5.46% -3.1%
2008 -2% -1.86%
2007 -0.68% -1.12%
2006 -2.19% -1.48%
2005 -3.06% -2.54%
2004 -2.4% -1.81%
2003 -6.87% -3.89%
2002 -6.34% -2.85%
2001 -5.76% -3.68%
2000 -3.55% -3.58%
1999 -3.08% -
1998 -4.14% -
1997 -3.14% -
1996 -2.98% -
1995 -12.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/laos | 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 Laos' surplus of $300M, or 1.64% of GDP.

Over the past 26 years, the Czech Republic recorded a fiscal deficit in 22 of those years, while Laos ran a deficit in 23 years. On average, the Czech Republic posted an annual deficit equal to 2.74% of GDP, compared to deficit of 2.47% of GDP for Laos.

Inflation comparison by year

Inflation
Czech Republic

Laos
1x
Year Consumer prices inflation
Czech Republic Laos
2025 2.46% 7.7%
2024 2.44% 23.1%
2023 10.7% 31.2%
2022 15.1% 23%
2021 3.84% 3.8%
2020 3.16% 5.1%
2019 2.85% 3.3%
2018 2.15% 2%
2017 2.45% 0.8%
2016 0.68% 1.6%
2015 0.31% 1.3%
2014 0.34% 4.1%
2013 1.44% 6.4%
2012 3.29% 4.3%
2011 1.92% 7.6%
2010 1.47% 6%
2009 1.02% 0.1%
2008 6.36% 7.6%
2007 2.85% 4.7%
2006 2.53% 6.5%
2005 1.86% 7.2%
2004 2.76% 10.5%
2003 0.12% 15.5%
2002 1.9% 10.6%
2001 4.66% 7.8%
2000 3.78% 8.4%
1999 2.14% 128.4%
1998 10.7% 90.1%
1997 8.6% 19.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 15.5% in Laos. In 2025, inflation was 2.46% in the Czech Republic and 7.7% in Laos.

Top exports between countries

Czech Republic
Export category Export value
Textiles & consumer goods $917K
Machinery & equipment $251K
Miscellaneous $145K
Processed food, beverages & tobacco $37K
Wood & paper products $29K
Raw materials & minerals $19K
Chemicals & pharma $17K
Weapons & explosives $17K
Animal & marine products $14K
Metals $2K
Laos
Export category Export value
Textiles & consumer goods $1.61M
Processed food, beverages & tobacco $103K
Wood & paper products $66K
Machinery & equipment $50K
Chemicals & pharma $2K
Miscellaneous $1K

Balance of trade

Czech Republic Laos
Current account balance
$2.44B
2025
$531M
2024
Current account balance ranking
41/190
2025
58/190
2024
Current account balance, % of GDP
+0.62%
2025
+3.22%
2024
Goods imports
$197B
2025
$8.66B
2024
Goods exports
$215B
2025
$9.39B
2024
Service imports
$42.9B
2025
$1.27B
2024
Service exports
$47.5B
2025
$1.73B
2024
Imports of goods and services, % of GDP
61.1%
2025
41.9%
2016
Exports of goods and services, % of GDP
66.9%
2025
33.2%
2016

Economic freedom indices

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

Czech Republic Laos
Economic freedom 73.2 50.9
Economic freedom ranking 25/197 157/197
Property rights 89.8 41.1
Government integrity 64.7 25.9
Judicial effectiveness 92.1 10.2
Tax burden 78.8 88.5
Government spending 44.2 92.7
Fiscal health 82.5 80
Business freedom 76.8 54.2
Labor freedom 55.1 40.7
Monetary freedom 75 53.3
Trade freedom 79.4 69
Investment freedom 70 35
Financial freedom 70 20

Economic freedom comparison by year

Czech Republic
Laos
1x
Year Economic freedom index
Czech Republic Laos
2026 73.2 50.9
2025 72.9 51.1
2024 70.2 50.6
2023 71.9 50.3
2022 74.4 49.2
2021 73.8 53.9
2020 74.8 55.5
2019 73.7 57.4
2018 74.2 53.6
2017 73.3 54
2016 73.2 49.8
2015 72.5 51.4
2014 72.2 51.2
2013 70.9 50.1
2012 69.9 50
2011 70.4 51.3
2010 69.8 51.1
2009 69.4 50.4
2008 68.1 50.3
2007 67.4 50.3
2006 66.4 47.5
2005 64.6 44.4
2004 67 42
2003 67.5 41
2002 66.5 36.8
2001 70.2 33.5
2000 68.6 36.8
1999 69.7 35.2
1998 68.4 35.2
1997 68.8 35.1
1996 68.1 38.5
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 50.9 for Laos, ranking 157/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Laos
Services, % of GDP
60.8%
2025
43.6%
2025
Industry, % of GDP
28.7%
2025
29.2%
2025
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
16.6%
2025
GNI, Atlas method
$359B
2025
$16.9B
2025
GNI per capita, PPP
$57,870
2025
$9,800
2025
Total reserves including gold
$176B
2025
$2.21B
2024
Total reserves ranking
21/177
2025
125/177
2024
Net foreign direct investment
-$1.88B
2025
-$988M
2024
Net inflows of foreign direct investment
$13.5B
2024
$988M
2024
Net outflows of foreign direct investment
$12.9B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
13.8%
2024
Poverty at national poverty lines
10.2%
2021
15%
2024
Gross capital formation, % of GDP
26.8%
2025
29%
2016

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/laos | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1984–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, 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.

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.