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Economy of Czech Republic vs Moldova compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $18.2B for Moldova, ranking 44/197 and 134/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Czech Republic vs Moldova GDP by year

Czech Republic
Moldova
1x
Year GDP, current $
Czech Republic Moldova
2024 $347,034,062,928 $18,200,340,854
2023 $345,059,295,660 $16,711,906,746
2022 $301,831,228,326 $14,525,337,524
2021 $290,972,714,482 $13,691,869,264
2020 $251,109,660,603 $11,530,746,234
2019 $256,794,209,029 $11,736,797,055
2018 $251,992,360,762 $11,252,353,421
2017 $221,563,575,696 $9,514,404,016
2016 $198,160,659,304 $7,980,917,076
2015 $189,107,698,562 $7,797,667,197
2014 $210,911,285,078 $9,402,090,138
2013 $213,024,360,541 $9,496,717,876
2012 $210,363,223,088 $8,709,138,635
2011 $231,429,378,717 $8,414,352,020
2010 $211,168,667,286 $6,974,982,370
2009 $206,971,882,705 $5,439,434,272
2008 $236,506,264,754 $6,054,824,248
2007 $190,040,702,287 $4,401,173,152
2006 $156,236,258,387 $3,408,255,451
2005 $137,264,185,596 $2,988,342,907
2004 $120,147,899,984 $2,598,249,556
2003 $100,435,924,705 $1,980,907,435
2002 $82,607,869,610 $1,661,818,168
2001 $68,135,304,464 $1,480,673,594
2000 $62,175,642,238 $1,288,429,392
1999 $65,586,562,605 $1,170,782,957
1998 $67,187,217,328 $1,698,717,505
1997 $62,539,765,163 $1,930,081,169
1996 $67,804,105,330 $1,695,122,174
1995 $60,572,381,311 $1,752,999,370
1994 $48,188,478,339 $1,702,314,268
1993 $41,155,654,032 $2,371,813,324
1992 $35,051,065,440 $2,319,243,436
1991 $30,071,014,282 $3,094,565,871
1990 $41,016,881,802 $3,592,857,043

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Czech Republic vs Moldova by year

Czech Republic
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $7,576 $18,615
2023 $31,762 $55,761 $6,800 $17,747
2022 $28,282 $52,947 $5,744 $16,453
2021 $27,696 $47,796 $5,275 $15,682
2020 $23,473 $44,839 $4,376 $13,527
2019 $24,063 $45,614 $4,405 $13,413
2018 $23,706 $41,638 $4,156 $11,868
2017 $20,913 $39,346 $3,453 $11,252
2016 $18,754 $36,445 $2,847 $10,326
2015 $17,932 $34,093 $2,750 $9,198
2014 $20,038 $32,743 $3,290 $8,643
2013 $20,260 $31,013 $3,321 $8,233
2012 $20,014 $29,466 $3,045 $7,255
2011 $22,049 $29,237 $2,941 $6,833
2010 $20,160 $28,154 $2,437 $6,323
2009 $19,817 $27,713 $1,898 $5,827
2008 $22,775 $27,938 $2,111 $6,153
2007 $18,453 $26,268 $1,531 $5,590
2006 $15,259 $23,914 $1,183 $5,271
2005 $13,442 $22,115 $1,034 $4,866
2004 $11,783 $20,988 $897 $4,378
2003 $9,852 $19,604 $682 $3,960
2002 $8,101 $18,344 $571 $3,633
2001 $6,669 $17,709 $507 $3,311
2000 $6,063 $16,332 $441 $3,045
1999 $6,378 $15,494 $399 $2,910
1998 $6,527 $15,064 $579 $2,965
1997 $6,069 $14,911 $657 $3,136
1996 $6,573 $14,781 $575 $3,021
1995 $5,865 $13,957 $594 $3,146
1994 $4,663 $12,862 $574 $3,111
1993 $3,984 $12,242 $797 $4,394
1992 $3,397 $11,963 $778 $4,337
1991 $2,917 $11,768 $1,038 $5,980
1990 $3,969 $12,848 $1,207 $6,895

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Moldova ranks 100th at $18,615.

Economic indicators

Czech Republic Moldova
Gross domestic product
$347B
2024
$18.2B
2024
GDP rank
44/197
2024
134/197
2024
GDP growth
1.23%
2023-2024
0.1%
2023-2024
GDP per capita
$31,823
2024
$7,576
2024
GDP per capita rank
39/197
2024
99/197
2024
GDP per capita, PPP
$57,285
2024
$18,615
2024
GDP per capita PPP rank
35/197
2024
100/197
2024
Government debt
$150B
2024
$7.06B
2024
Debt-to-GDP ratio
43.3%
2024
38.8%
2024
Government debt per person
$13,792
2024
$2,938
2024
Government debt per person rank
43/185
2024
102/185
2024
Average annual personal income after taxes
$22,139
2026
$4,291
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%
2023
Income share by poorest 10%
3.8%
2023
4.3%
2023
Government expenditure, % of GDP
42.8%
2024
38%
2024
Consumer prices inflation
2.44%
2023-2024
4.68%
2023-2024
Central bank interest rate
3.5%
2025
6%
2025
Unemployment rate
2.6%
2024
1.43%
2024
Population
10649126
2341166

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Czech Republic Moldova
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 38% 38.8%
2023 43.7% 42.2% 38.8% 34.9%
2022 43% 42.5% 36.6% 35%
2021 45% 40.7% 34.6% 33.6%
2020 46.3% 36.9% 36.7% 36.6%
2019 40.4% 29.6% 32% 28.8%
2018 40.1% 31.7% 31.5% 31.8%
2017 38.5% 33.8% 31% 34.9%
2016 39.4% 36.2% 30.5% 39.7%
2015 41.7% 39.5% 31.7% 42.1%
2014 42.3% 41.5% 33.8% 35.4%
2013 42.4% 44.1% 32.4% 30%
2012 44.4% 43.8% 33.7% 31.3%
2011 42.8% 39.4% 32.6% 24.2%
2010 43.2% 36.7% 34.1% 25.5%
2009 44.5% 33.4% 45.3% 32.6%
2008 40.9% 28.2% 41.5% 22.2%
2007 40.5% 27.3% 42.7% 28.3%
2006 41.5% 27.6% 40.3% 35%
2005 42.3% 27.7% 37.1% 40.4%
2004 42.2% 28.3% 34.8% 49.3%
2003 49% 28.1% 33.5% 68.1%
2002 44.4% 25.7% 30.7% 80.3%
2001 43.1% 22.6% 29.5% 85.4%
2000 40.6% 16.9% 34% 89.1%
1999 40.9% 15.1% 33% 150.7%
1998 41.6% 13.9% 39.1% 159.4%
1997 41.3% 12.1% 46% 89%
1996 41.4% 11.5% 43.3% 87.5%
1995 52.8% 13.5% 42% 79.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 38.8% in Moldova, ranking 124/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Moldova
1x
Year Deficit/surplus, % of GDP
Czech Republic Moldova
2024 -1.99% -3.88%
2023 -3.73% -5.13%
2022 -3.07% -3.24%
2021 -4.95% -2.62%
2020 -5.65% -5.32%
2019 0.28% -1.47%
2018 0.88% -0.85%
2017 1.46% -0.65%
2016 0.68% -1.56%
2015 -0.67% -1.93%
2014 -2.09% -1.6%
2013 -1.3% -1.57%
2012 -3.92% -1.93%
2011 -2.71% -2.05%
2010 -4.14% -2.18%
2009 -5.46% -6.38%
2008 -2% -0.87%
2007 -0.68% 0.15%
2006 -2.19% -0.42%
2005 -3.06% 1.44%
2004 -2.4% 0.59%
2003 -6.87% 0.47%
2002 -6.34% -1.18%
2001 -5.76% -0.34%
2000 -3.55% -3.55%
1999 -3.08% -2.64%
1998 -4.14% -1.52%
1997 -3.14% -7.47%
1996 -2.98% -7.42%
1995 -12.3% -2.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/moldova | 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 Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Moldova ran a deficit in 26 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 2.26% of GDP for Moldova.

Inflation comparison by year

Inflation
Czech Republic

Moldova
1x
Year Consumer prices inflation
Czech Republic Moldova
2024 2.44% 4.68%
2023 10.7% 13.4%
2022 15.1% 28.7%
2021 3.84% 5.11%
2020 3.16% 3.77%
2019 2.85% 4.84%
2018 2.15% 3.05%
2017 2.45% 6.57%
2016 0.68% 6.36%
2015 0.31% 9.68%
2014 0.34% 5.09%
2013 1.44% 4.6%
2012 3.29% 4.55%
2011 1.92% 7.69%
2010 1.47% 7.48%
2009 1.02% -0.06%
2008 6.36% 12.8%
2007 2.85% 12.4%
2006 2.53% 12.8%
2005 1.86% 12%
2004 2.76% 12.5%
2003 0.12% 11.7%
2002 1.9% 5.3%
2001 4.66% 9.76%
2000 3.78% 31.3%
1999 2.14% 39.3%
1998 10.7% 7.7%
1997 8.6% 11.8%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 10.5% in Moldova. In 2024, inflation was 2.44% in the Czech Republic and 4.68% in Moldova.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $195M
Chemicals & pharma $21.9M
Textiles & consumer goods $15.4M
Processed food, beverages & tobacco $5.91M
Wood & paper products $4.85M
Metals $3.47M
Raw materials & minerals $1.87M
Raw agricultural goods $1.18M
Weapons & explosives $730K
Miscellaneous $547K
Moldova
Export category Export value
Machinery & equipment $181M
Processed food, beverages & tobacco $14M
Raw agricultural goods $13.1M
Textiles & consumer goods $5.41M
Wood & paper products $2.4M
Chemicals & pharma $1.6M
Metals $498K
Animal & marine products $485K
Raw materials & minerals $6K
Miscellaneous $1K

Balance of trade

Czech Republic Moldova
Current account balance
$6.05B
2024
-$3.01B
2024
Current account balance ranking
31/190
2024
156/190
2024
Current account balance, % of GDP
+1.74%
2024
-16.6%
2024
Goods imports
$179B
2024
$8.63B
2024
Goods exports
$197B
2024
$3.01B
2024
Service imports
$38B
2024
$1.8B
2024
Service exports
$42.5B
2024
$2.73B
2024
Imports of goods and services, % of GDP
62.6%
2024
57.3%
2024
Exports of goods and services, % of GDP
68.9%
2024
31.4%
2024

Economic freedom indices

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

Czech Republic Moldova
Economic freedom 73.2 58.1
Economic freedom ranking 25/197 112/197
Property rights 89.8 40.4
Government integrity 64.7 45.1
Judicial effectiveness 92.1 32.4
Tax burden 78.8 87.9
Government spending 44.2 57.2
Fiscal health 82.5 70.3
Business freedom 76.8 68.3
Labor freedom 55.1 48.1
Monetary freedom 75 66
Trade freedom 79.4 76.8
Investment freedom 70 55
Financial freedom 70 50

Economic freedom comparison by year

Czech Republic
Moldova
1x
Year Economic freedom index
Czech Republic Moldova
2026 73.2 58.1
2025 72.9 58.3
2024 70.2 57.1
2023 71.9 58.5
2022 74.4 61.3
2021 73.8 62.5
2020 74.8 62
2019 73.7 59.1
2018 74.2 58.4
2017 73.3 58
2016 73.2 57.4
2015 72.5 57.5
2014 72.2 57.3
2013 70.9 55.5
2012 69.9 54.4
2011 70.4 55.7
2010 69.8 53.7
2009 69.4 54.9
2008 68.1 57.9
2007 67.4 58.7
2006 66.4 58
2005 64.6 57.4
2004 67 57.1
2003 67.5 60
2002 66.5 57.4
2001 70.2 54.9
2000 68.6 59.6
1999 69.7 56.1
1998 68.4 53.5
1997 68.8 48.9
1996 68.1 52.5
1995 67.8 33

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Moldova
Services, % of GDP
60.2%
2024
62.3%
2024
Industry, % of GDP
29.2%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
7.11%
2024
GNI, Atlas method
$322B
2024
$16.5B
2024
GNI per capita, PPP
$54,800
2024
$18,710
2024
Total reserves including gold
$146B
2024
$5.48B
2024
Total reserves ranking
22/177
2024
96/177
2024
Net foreign direct investment
-$1.87B
2024
-$360M
2024
Net inflows of foreign direct investment
$13.1B
2024
$458M
2024
Net outflows of foreign direct investment
$11.2B
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI n/a
6.22%
2024
Poverty at national poverty lines
10.2%
2021
31.6%
2023
Gross capital formation, % of GDP
26.3%
2024
21.1%
2024

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/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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. TradeMap (2023–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.