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Economy of Czech Republic vs Lesotho compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $2.27B for Lesotho, ranking 44/197 and 175/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $1.29B (56.8% of GDP) in Lesotho.

Czech Republic vs Lesotho GDP by year

Czech Republic
Lesotho
1x
Year GDP, current $
Czech Republic Lesotho
2024 $347,034,062,928 $2,271,759,455
2023 $345,059,295,660 $2,117,962,445
2022 $301,831,228,326 $2,354,980,960
2021 $290,972,714,482 $2,412,130,057
2020 $251,109,660,603 $2,053,699,864
2019 $256,794,209,029 $2,390,702,296
2018 $251,992,360,762 $2,556,247,292
2017 $221,563,575,696 $2,306,741,672
2016 $198,160,659,304 $2,114,426,452
2015 $189,107,698,562 $2,359,686,725
2014 $210,911,285,078 $2,441,063,054
2013 $213,024,360,541 $2,367,112,932
2012 $210,363,223,088 $2,477,702,216
2011 $231,429,378,717 $2,579,409,620
2010 $211,168,667,286 $2,234,754,242
2009 $206,971,882,705 $1,740,894,965
2008 $236,506,264,754 $1,766,902,709
2007 $190,040,702,287 $1,682,131,785
2006 $156,236,258,387 $1,800,092,564
2005 $137,264,185,596 $1,682,343,527
2004 $120,147,899,984 $1,511,236,656
2003 $100,435,924,705 $1,157,825,435
2002 $82,607,869,610 $775,777,239
2001 $68,135,304,464 $825,706,961
2000 $62,175,642,238 $887,291,688
1999 $65,586,562,605 $912,773,681
1998 $67,187,217,328 $928,460,893
1997 $62,539,765,163 $998,004,259
1996 $67,804,105,330 $946,112,493
1995 $60,572,381,311 $1,001,894,000
1994 $48,188,478,339 $878,250,945
1993 $41,155,654,032 $835,582,062
1992 $35,051,065,440 $831,029,862
1991 $30,071,014,282 $704,325,367
1990 $41,016,881,802 $596,410,264
1989 - $495,409,233
1988 - $470,395,801
1987 - $402,768,324
1986 - $318,858,423
1985 - $268,629,926
1984 - $333,163,670
1983 - $386,699,309
1982 - $348,741,684
1981 - $434,188,034
1980 - $431,542,537
1979 - $290,134,593
1978 - $266,570,067
1977 - $193,315,048
1976 - $147,660,037
1975 - $149,558,896
1974 - $150,851,317
1973 - $121,188,716
1972 - $80,913,200
1971 - $76,480,285
1970 - $68,739,973
1969 - $65,967,974
1968 - $61,445,975
1967 - $59,261,976
1966 - $56,699,977
1965 - $54,879,978
1964 - $51,939,979
1963 - $47,039,981
1962 - $41,859,983
1961 - $35,699,986
1960 - $34,579,986

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

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

GDP per capita in Czech Republic vs Lesotho by year

Czech Republic
GDP per capita

GDP per capita, PPP
Lesotho
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Lesotho
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $972 $3,001
2023 $31,762 $55,761 $916 $2,881
2022 $28,282 $52,947 $1,030 $2,761
2021 $27,696 $47,796 $1,067 $2,545
2020 $23,473 $44,839 $919 $2,559
2019 $24,063 $45,614 $1,082 $2,568
2018 $23,706 $41,638 $1,171 $2,632
2017 $20,913 $39,346 $1,069 $2,619
2016 $18,754 $36,445 $992 $2,942
2015 $17,932 $34,093 $1,121 $3,035
2014 $20,038 $32,743 $1,174 $2,771
2013 $20,260 $31,013 $1,151 $2,538
2012 $20,014 $29,466 $1,218 $2,291
2011 $22,049 $29,237 $1,281 $2,279
2010 $20,160 $28,154 $1,119 $2,153
2009 $19,817 $27,713 $879 $2,036
2008 $22,775 $27,938 $898 $2,064
2007 $18,453 $26,268 $861 $1,932
2006 $15,259 $23,914 $925 $1,813
2005 $13,442 $22,115 $861 $1,681
2004 $11,783 $20,988 $767 $1,561
2003 $9,852 $19,604 $583 $1,484
2002 $8,101 $18,344 $389 $1,385
2001 $6,669 $17,709 $413 $1,350
2000 $6,063 $16,332 $443 $1,273
1999 $6,378 $15,494 $456 $1,199
1998 $6,527 $15,064 $465 $1,179
1997 $6,069 $14,911 $502 $1,154
1996 $6,573 $14,781 $480 $1,103
1995 $5,865 $13,957 $513 $1,037
1994 $4,663 $12,862 $456 $995
1993 $3,984 $12,242 $439 $932
1992 $3,397 $11,963 $444 $893
1991 $2,917 $11,768 $382 $830
1990 $3,969 $12,848 $330 $764
1989 - - $279 -
1988 - - $270.4 -
1987 - - $236.5 -
1986 - - $191.4 -
1985 - - $165.4 -
1984 - - $211 -
1983 - - $252 -
1982 - - $233.9 -
1981 - - $299.8 -
1980 - - $307 -
1979 - - $212.4 -
1978 - - $200.8 -
1977 - - $149.9 -
1976 - - $117.8 -
1975 - - $123.2 -
1974 - - $128.7 -
1973 - - $107 -
1972 - - $74 -
1971 - - $72.4 -
1970 - - $67.4 -
1969 - - $67.1 -
1968 - - $64.8 -
1967 - - $64.8 -
1966 - - $64.3 -
1965 - - $64.3 -
1964 - - $62.6 -
1963 - - $58.4 -
1962 - - $53.5 -
1961 - - $47 -
1960 - - $47 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $972 in Lesotho, ranking 181/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Lesotho ranks 180th at $3,001.

Economic indicators

Czech Republic Lesotho
Gross domestic product
$347B
2024
$2.27B
2024
GDP rank
44/197
2024
175/197
2024
GDP growth
1.23%
2023-2024
2.85%
2023-2024
GDP per capita
$31,823
2024
$972
2024
GDP per capita rank
39/197
2024
181/197
2024
GDP per capita, PPP
$57,285
2024
$3,001
2024
GDP per capita PPP rank
35/197
2024
180/197
2024
Government debt
$150B
2024
$1.29B
2024
Debt-to-GDP ratio
43.3%
2024
56.8%
2024
Government debt per person
$13,792
2024
$552
2024
Government debt per person rank
43/185
2024
164/185
2024
Average annual personal income after taxes
$22,139
2026
$6,545
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
32.9%
2017
Income share by poorest 10%
3.8%
2023
1.7%
2017
Government expenditure, % of GDP
42.8%
2024
53.5%
2024
Consumer prices inflation
2.44%
2023-2024
6.11%
2023-2024
Central bank interest rate
3.5%
2025
6.5%
2025
Unemployment rate
2.6%
2024
18.7%
2024
Population
10649126
2396633

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Lesotho
Spending

Debt
1x
Year % of GDP
Czech Republic Lesotho
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 53.5% 56.8%
2023 43.7% 42.2% 49.4% 61.5%
2022 43% 42.5% 50.8% 64.4%
2021 45% 40.7% 53.8% 58%
2020 46.3% 36.9% 54.4% 54.7%
2019 40.4% 29.6% 53.6% 58.2%
2018 40.1% 31.7% 51.9% 48.2%
2017 38.5% 33.8% 50.4% 41%
2016 39.4% 36.2% 54.1% 41.5%
2015 41.7% 39.5% 51.7% 45.8%
2014 42.3% 41.5% 50.1% 41.5%
2013 42.4% 44.1% 58.4% 41.2%
2012 44.4% 43.8% 58.1% 39.8%
2011 42.8% 39.4% 60.2% 36.2%
2010 43.2% 36.7% 55.3% 33.8%
2009 44.5% 33.4% 66.4% 35.9%
2008 40.9% 28.2% 54.1% 47%
2007 40.5% 27.3% 48.1% 49.6%
2006 41.5% 27.6% 43.2% 43.7%
2005 42.3% 27.7% 37.6% 41%
2004 42.2% 28.3% 36.3% 49.4%
2003 49% 28.1% 39.8% 52.6%
2002 44.4% 25.7% 41.2% 79.6%
2001 43.1% 22.6% 41.4% 108.7%
2000 40.6% 16.9% 39.3% 88.5%
1999 40.9% 15.1% 50.8% 83%
1998 41.6% 13.9% 51.4% 79.4%
1997 41.3% 12.1% 44.6% 65.7%
1996 41.4% 11.5% 41.5% 71.6%
1995 52.8% 13.5% 42.1% 62.8%
1994 - - 40.2% 67%
1993 - - 36% 71.2%
1992 - - 35.3% 64.4%
1991 - - 31.3% 11.9%
1990 - - 32.9% 18%
1989 - - 35.8% 112.5%
1988 - - 35.3% 105.2%
1987 - - 40.3% 97.4%
1986 - - 33.2% 92.5%
1985 - - 32.8% 86.3%
1984 - - 26.8% 57.2%
1983 - - 27.2% 56.7%
1982 - - 29.9% 61.4%

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/lesotho | CC BY

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Lesotho spent $1.22B, or 53.5% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 56.8% in Lesotho, ranking 124/185 and 92/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Lesotho
1x
Year Deficit/surplus, % of GDP
Czech Republic Lesotho
2024 -1.99% 9.04%
2023 -3.73% 7.31%
2022 -3.07% -6.41%
2021 -4.95% -4.95%
2020 -5.65% 1.18%
2019 0.28% -5.72%
2018 0.88% -4.41%
2017 1.46% -2.02%
2016 0.68% -9.43%
2015 -0.67% -1.38%
2014 -2.09% 3.16%
2013 -1.3% -2.58%
2012 -3.92% 4.56%
2011 -2.71% -9.85%
2010 -4.14% -1.49%
2009 -5.46% -4.16%
2008 -2% 8.1%
2007 -0.68% 10.8%
2006 -2.19% 11.6%
2005 -3.06% 4.46%
2004 -2.4% 6.05%
2003 -6.87% 0.89%
2002 -6.34% -2.44%
2001 -5.76% -2.76%
2000 -3.55% -0.95%
1999 -3.08% -15.3%
1998 -4.14% -11.8%
1997 -3.14% 0.27%
1996 -2.98% 2.11%
1995 -12.3% 5.13%
1994 - 5.69%
1993 - 7.55%
1992 - 4.65%
1991 - 9.74%
1990 - 8.78%
1989 - 3.88%
1988 - -1.87%
1987 - -2.85%
1986 - 0.87%
1985 - 1.68%
1984 - 4.82%
1983 - 1.85%
1982 - -2.03%

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/lesotho | 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 Lesotho's surplus of $205M, or 9.04% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Lesotho ran a deficit in 16 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 0.37% of GDP for Lesotho.

Inflation comparison by year

Inflation
Czech Republic

Lesotho
1x
Year Consumer prices inflation
Czech Republic Lesotho
2024 2.44% 6.11%
2023 10.7% 6.34%
2022 15.1% 8.27%
2021 3.84% 6.05%
2020 3.16% 4.98%
2019 2.85% 5.19%
2018 2.15% 4.75%
2017 2.45% 4.45%
2016 0.68% 6.6%
2015 0.31% 3.22%
2014 0.34% 5.37%
2013 1.44% 4.87%
2012 3.29% 6.05%
2011 1.92% 5.04%
2010 1.47% -2.41%
2009 1.02% -16.9%
2008 6.36% 10.7%
2007 2.85% 8.01%
2006 2.53% 6.07%
2005 1.86% 3.44%
2004 2.76% 5.02%
2003 0.12% 6.63%
2002 1.9% 33.8%
2001 4.66% -9.62%
2000 3.78% 6.13%
1999 2.14% -
1998 10.7% -
1997 8.6% -

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

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

Over the past 25 years, the Czech Republic has recorded an average annual inflation rate of 3.2%, compared with 5.13% in Lesotho. In 2024, inflation was 2.44% in the Czech Republic and 6.11% in Lesotho.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $160K
Weapons & explosives $52K
Metals $23K
Textiles & consumer goods $17K
Chemicals & pharma $1K
Raw agricultural goods $1K
Lesotho
Export category Export value
Textiles & consumer goods $39K
Processed food, beverages & tobacco $15K
Machinery & equipment $13K

Balance of trade

Czech Republic Lesotho
Current account balance
$6.05B
2024
$89.2M
2024
Current account balance ranking
31/190
2024
68/190
2024
Current account balance, % of GDP
+1.74%
2024
+3.93%
2024
Goods imports
$179B
2024
$1.67B
2024
Goods exports
$197B
2024
$965M
2024
Service imports
$38B
2024
$415M
2024
Service exports
$42.5B
2024
$15.4M
2024
Imports of goods and services, % of GDP
62.6%
2024
98.6%
2023
Exports of goods and services, % of GDP
68.9%
2024
42.9%
2023

Economic freedom indices

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

Czech Republic Lesotho
Economic freedom 73.2 54.9
Economic freedom ranking 25/197 130/197
Property rights 89.8 41.7
Government integrity 64.7 39.6
Judicial effectiveness 92.1 43.6
Tax burden 78.8 76.4
Government spending 44.2 21.3
Fiscal health 82.5 93.5
Business freedom 76.8 50.6
Labor freedom 55.1 57
Monetary freedom 75 74.8
Trade freedom 79.4 65.4
Investment freedom 70 55
Financial freedom 70 40

Economic freedom comparison by year

Czech Republic
Lesotho
1x
Year Economic freedom index
Czech Republic Lesotho
2026 73.2 54.9
2025 72.9 54.1
2024 70.2 51.9
2023 71.9 51.6
2022 74.4 48.1
2021 73.8 53.5
2020 74.8 54.5
2019 73.7 53.1
2018 74.2 53.9
2017 73.3 53.9
2016 73.2 50.6
2015 72.5 49.6
2014 72.2 49.5
2013 70.9 47.9
2012 69.9 46.6
2011 70.4 47.5
2010 69.8 48.1
2009 69.4 49.7
2008 68.1 52.1
2007 67.4 53.2
2006 66.4 54.7
2005 64.6 53.9
2004 67 50.3
2003 67.5 52
2002 66.5 48.9
2001 70.2 50.6
2000 68.6 48.4
1999 69.7 48.2
1998 68.4 48.4
1997 68.8 47.2
1996 68.1 47
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 54.9 for Lesotho, ranking 130/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Lesotho
Services, % of GDP
60.2%
2024
48%
2024
Industry, % of GDP
29.2%
2024
30.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
6.5%
2024
GNI, Atlas method
$322B
2024
$2.75B
2024
GNI per capita, PPP
$54,800
2024
$3,580
2024
Total reserves including gold
$146B
2024
$1.01B
2024
Total reserves ranking
22/177
2024
142/177
2024
Net foreign direct investment
-$1.87B
2024
$12.6M
2024
Net inflows of foreign direct investment
$13.1B
2024
-$12.6M
2024
Net outflows of foreign direct investment
$11.2B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
4.06%
2024
Poverty at national poverty lines
10.2%
2021
49.7%
2017
Gross capital formation, % of GDP
26.3%
2024
27.2%
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/lesotho | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2024, 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.