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Economy of Czech Republic vs Malta compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $27.8B for Malta, ranking 42/197 and 118/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $13B (46.8% of GDP) in Malta.

Czech Republic vs Malta GDP by year

Czech Republic
Malta
1x
Year GDP, current $
Czech Republic Malta
2025 $391,026,962,800 $27,771,821,561
2024 $347,082,562,221 $25,042,712,191
2023 $345,059,295,660 $22,625,329,776
2022 $301,831,228,326 $18,938,869,147
2021 $290,972,714,482 $19,730,119,031
2020 $251,109,660,603 $16,404,655,808
2019 $256,794,209,029 $16,337,788,881
2018 $251,992,360,762 $16,153,785,817
2017 $221,563,575,696 $14,161,374,599
2016 $198,160,659,304 $12,025,777,078
2015 $189,107,698,562 $11,340,789,706
2014 $210,911,285,078 $11,888,029,752
2013 $213,024,360,541 $10,796,780,874
2012 $210,363,223,088 $9,609,530,619
2011 $231,429,378,717 $9,789,363,086
2010 $211,168,667,286 $9,097,044,301
2009 $206,971,882,705 $8,769,897,418
2008 $236,506,264,754 $9,172,399,573
2007 $190,040,702,287 $7,908,412,374
2006 $156,236,258,387 $6,749,838,862
2005 $137,264,185,596 $6,393,234,965
2004 $120,147,899,984 $6,104,141,501
2003 $100,435,924,705 $5,418,315,225
2002 $82,607,869,610 $4,455,127,398
2001 $68,135,304,464 $4,070,867,153
2000 $62,175,642,238 $4,036,809,767
1999 $65,586,562,605 $4,111,857,836
1998 $67,187,217,328 $4,010,111,652
1997 $62,539,765,163 $3,787,023,655
1996 $67,804,105,330 $3,822,547,151
1995 $60,572,381,311 $3,709,396,089
1994 $48,188,478,339 $2,998,505,428
1993 $41,155,654,032 $2,709,193,538
1992 $35,051,065,440 $3,021,942,759
1991 $30,071,014,282 $2,750,216,747
1990 $41,016,881,802 $2,547,328,748
1989 - $2,118,655,677
1988 - $2,019,503,068
1987 - $1,751,293,461
1986 - $1,435,038,441
1985 - $1,117,797,439
1984 - $1,101,807,023
1983 - $1,165,729,707
1982 - $1,234,474,404
1981 - $1,243,509,394
1980 - $1,250,198,601
1979 - $1,001,288,847
1978 - $793,673,402
1977 - $625,563,171
1976 - $527,936,989
1975 - $474,618,321
1974 - $376,081,124
1973 - $345,616,106
1972 - $295,106,628
1971 - $264,578,485
1970 - $250,728,796

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Czech Republic vs Malta by year

Czech Republic
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $47,907 -
2024 $31,828 $57,285 $44,024 $69,864
2023 $31,762 $55,761 $40,933 $67,057
2022 $28,282 $52,947 $35,659 $60,589
2021 $27,696 $47,796 $38,078 $56,852
2020 $23,473 $44,839 $31,823 $49,972
2019 $24,063 $45,614 $32,422 $51,393
2018 $23,706 $41,638 $33,382 $48,178
2017 $20,913 $39,346 $30,317 $45,764
2016 $18,754 $36,445 $26,459 $41,000
2015 $17,932 $34,093 $25,530 $38,369
2014 $20,038 $32,743 $27,425 $35,206
2013 $20,260 $31,013 $25,416 $33,138
2012 $20,014 $29,466 $22,878 $30,716
2011 $22,049 $29,237 $23,517 $29,426
2010 $20,160 $28,154 $21,947 $28,909
2009 $19,817 $27,713 $21,262 $26,782
2008 $22,775 $27,938 $22,406 $26,654
2007 $18,453 $26,268 $19,444 $25,012
2006 $15,259 $23,914 $16,654 $23,219
2005 $13,442 $22,115 $15,831 $22,227
2004 $11,783 $20,988 $15,212 $21,566
2003 $9,852 $19,604 $13,594 $20,813
2002 $8,101 $18,344 $11,251 $19,532
2001 $6,669 $17,709 $10,358 $18,435
2000 $6,063 $16,332 $10,348 $18,214
1999 $6,378 $15,494 $10,609 $16,898
1998 $6,527 $15,064 $10,408 $16,219
1997 $6,069 $14,911 $9,893 $15,465
1996 $6,573 $14,781 $10,062 $14,661
1995 $5,865 $13,957 $9,828 $13,950
1994 $4,663 $12,862 $8,000 $12,938
1993 $3,984 $12,242 $7,296 $12,103
1992 $3,397 $11,963 $8,220 $11,429
1991 $2,917 $11,768 $7,559 $10,784
1990 $3,969 $12,848 $7,192 $10,086
1989 - - $6,041 -
1988 - - $5,814 -
1987 - - $5,084 -
1986 - - $4,195 -
1985 - - $3,322 -
1984 - - $3,333 -
1983 - - $3,527 -
1982 - - $3,788 -
1981 - - $3,898 -
1980 - - $3,948 -
1979 - - $3,196 -
1978 - - $2,559 -
1977 - - $2,038 -
1976 - - $1,727 -
1975 - - $1,560 -
1974 - - $1,245 -
1973 - - $1,144 -
1972 - - $976 -
1971 - - $874 -
1970 - - $828 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Malta ranks 25th at $69,864.

Economic indicators

Czech Republic Malta
Gross domestic product
$391B
2025
$27.8B
2025
GDP rank
42/197
2025
118/197
2025
GDP growth
2.58%
2024-2025
3.96%
2024-2025
GDP per capita
$35,917
2025
$47,907
2025
GDP per capita rank
35/197
2025
28/197
2025
GDP per capita, PPP
$57,285
2024
$69,864
2024
GDP per capita PPP rank
35/197
2024
25/197
2024
Government debt
$174B
2025
$13B
2025
Debt-to-GDP ratio
44.6%
2025
46.8%
2025
Government debt per person
$16,026
2025
$22,407
2025
Government debt per person rank
42/185
2025
30/185
2025
Average annual personal income after taxes
$22,312
2026
$22,914
2026
Market capitalization of domestic companies
$55.4B
2025
$5.35B
2025
Number of billionaires
11
2026
n/a
Income share by richest 10%
21.5%
2023
24.7%
2023
Income share by poorest 10%
3.8%
2023
2.8%
2023
Government expenditure, % of GDP
43.5%
2025
37%
2025
Consumer prices inflation
2.46%
2024-2025
2.36%
2024-2025
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.8%
2025
3.1%
2025
Population
10742283
586345

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Czech Republic Malta
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 37% 46.8%
2024 42.9% 43.3% 37.4% 46%
2023 43.7% 42.2% 35.8% 46.8%
2022 43% 42.5% 38.4% 50.1%
2021 45% 40.7% 39.5% 49.6%
2020 46.3% 36.9% 42.1% 48.6%
2019 40.4% 29.6% 34.9% 39.2%
2018 40.1% 31.7% 34.5% 41.4%
2017 38.5% 33.8% 32.7% 45.6%
2016 39.4% 36.2% 35.5% 53.1%
2015 41.7% 39.5% 37.8% 55%
2014 42.3% 41.5% 39.6% 60.7%
2013 42.4% 44.1% 40.1% 64.9%
2012 44.4% 43.8% 41.7% 65.6%
2011 42.8% 39.4% 41.5% 68.9%
2010 43.2% 36.7% 40.1% 65%
2009 44.5% 33.4% 41.1% 66%
2008 40.9% 28.2% 42.1% 61.5%
2007 40.5% 27.3% 41.2% 62%
2006 41.5% 27.6% 42.5% 64.5%
2005 42.3% 27.7% 42.5% 70.2%
2004 42.2% 28.3% 42% 70.4%
2003 49% 28.1% 45.6% 68.6%
2002 44.4% 25.7% 43.6% 65.1%
2001 43.1% 22.6% 44.4% 70%
2000 40.6% 16.9% 42.9% 64.4%
1999 40.9% 15.1% - 69.8%
1998 41.6% 13.9% - 66.4%
1997 41.3% 12.1% - 60.8%
1996 41.4% 11.5% - 51.5%
1995 52.8% 13.5% - 45.3%

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

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 46.8% in Malta, ranking 119/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Malta
1x
Year Deficit/surplus, % of GDP
Czech Republic Malta
2025 -2.03% -3.1%
2024 -2.03% -3.51%
2023 -3.73% -4.43%
2022 -3.07% -5.33%
2021 -4.95% -6.96%
2020 -5.65% -8.71%
2019 0.28% 0.72%
2018 0.88% 1.86%
2017 1.46% 3.4%
2016 0.68% 1.1%
2015 -0.67% -0.84%
2014 -2.09% -1.49%
2013 -1.3% -2.19%
2012 -3.92% -3.31%
2011 -2.71% -2.99%
2010 -4.14% -2.22%
2009 -5.46% -3.11%
2008 -2% -4.06%
2007 -0.68% -2.05%
2006 -2.19% -2.46%
2005 -3.06% -2.83%
2004 -2.4% -4.28%
2003 -6.87% -9.04%
2002 -6.34% -5.62%
2001 -5.76% -6.5%
2000 -3.55% -5.83%
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/malta | 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 Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, the Czech Republic recorded a fiscal deficit in 22 of those years, while Malta ran a deficit in 22 years. On average, the Czech Republic posted an annual deficit equal to 2.74% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Czech Republic

Malta
1x
Year Consumer prices inflation
Czech Republic Malta
2025 2.46% 2.36%
2024 2.44% 1.65%
2023 10.7% 5.09%
2022 15.1% 6.15%
2021 3.84% 1.5%
2020 3.16% 0.64%
2019 2.85% 1.64%
2018 2.15% 1.16%
2017 2.45% 1.36%
2016 0.68% 0.64%
2015 0.31% 1.1%
2014 0.34% 0.31%
2013 1.44% 1.18%
2012 3.29% 2.38%
2011 1.92% 2.96%
2010 1.47% 1.52%
2009 1.02% 2.08%
2008 6.36% 4.26%
2007 2.85% 1.25%
2006 2.53% 2.77%
2005 1.86% 3.01%
2004 2.76% 2.79%
2003 0.12% 1.3%
2002 1.9% 2.19%
2001 4.66% 2.93%
2000 3.78% 2.37%
1999 2.14% 2.13%
1998 10.7% 2.39%
1997 8.6% 3.11%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 2.22% in Malta. In 2025, inflation was 2.46% in the Czech Republic and 2.36% in Malta.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $30.7M
Business & finance services $24M
Transport & tourism services $14.7M
IT & IP services $11.6M
Textiles & consumer goods $5.55M
Processed food, beverages & tobacco $4.34M
Chemicals & pharma $3.3M
Raw agricultural goods $1.76M
Raw materials & minerals $1.6M
Metals $1.28M
Malta
Export category Export value
Business & finance services $55.5M
Transport & tourism services $41.7M
Machinery & equipment $21M
Chemicals & pharma $7.17M
IT & IP services $4.61M
Manufacturing & construction services $1.18M
Raw materials & minerals $684K
Government & miscellaneous services $473K
Textiles & consumer goods $271K
Wood & paper products $173K

Balance of trade

Czech Republic Malta
Current account balance
$2.44B
2025
$1.78B
2024
Current account balance ranking
41/190
2025
45/190
2024
Current account balance, % of GDP
+0.62%
2025
+7.1%
2024
Goods imports
$197B
2025
$7.56B
2024
Goods exports
$215B
2025
$4.58B
2024
Service imports
$42.9B
2025
$17.4B
2024
Service exports
$47.5B
2025
$25B
2024
Imports of goods and services, % of GDP
61.1%
2025
99.9%
2025
Exports of goods and services, % of GDP
66.9%
2025
119.1%
2025

Economic freedom indices

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

Czech Republic Malta
Economic freedom 73.2 68.2
Economic freedom ranking 25/197 49/197
Property rights 89.8 85.5
Government integrity 64.7 54.3
Judicial effectiveness 92.1 80.2
Tax burden 78.8 68.5
Government spending 44.2 58.4
Fiscal health 82.5 63.2
Business freedom 76.8 83.2
Labor freedom 55.1 62.6
Monetary freedom 75 73.1
Trade freedom 79.4 79.4
Investment freedom 70 60
Financial freedom 70 50

Economic freedom comparison by year

Czech Republic
Malta
1x
Year Economic freedom index
Czech Republic Malta
2026 73.2 68.2
2025 72.9 66.8
2024 70.2 64.5
2023 71.9 67.5
2022 74.4 71.5
2021 73.8 70.2
2020 74.8 69.5
2019 73.7 68.6
2018 74.2 68.5
2017 73.3 67.7
2016 73.2 66.7
2015 72.5 66.5
2014 72.2 66.4
2013 70.9 67.5
2012 69.9 67
2011 70.4 65.7
2010 69.8 67.2
2009 69.4 66.1
2008 68.1 66
2007 67.4 66.1
2006 66.4 67.3
2005 64.6 68.9
2004 67 63.3
2003 67.5 61.1
2002 66.5 62.2
2001 70.2 62.9
2000 68.6 58.3
1999 69.7 59.3
1998 68.4 61.2
1997 68.8 57.9
1996 68.1 55.8
1995 67.8 56.3

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Malta
Services, % of GDP
60.8%
2025
81.3%
2025
Industry, % of GDP
28.7%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
0.47%
2025
GNI, Atlas method
$359B
2025
$24B
2025
GNI per capita, PPP
$57,870
2025
$64,900
2025
Total reserves including gold
$176B
2025
$1.54B
2025
Total reserves ranking
21/177
2025
134/177
2025
Net foreign direct investment
-$1.88B
2025
-$6.13B
2024
Net inflows of foreign direct investment
$13.5B
2024
$42.6B
2024
Net outflows of foreign direct investment
$12.9B
2024
$36.5B
2024
Poverty at national poverty lines
10.2%
2021
16.7%
2021
Gross capital formation, % of GDP
26.8%
2025
18.7%
2025

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/malta | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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.

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.