The Czech Republic vs Mongolia: Economic Indicators Comparison

The Czech Republic with a GDP of $245.2B ranked the 46th largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, the Czech Republic and Mongolia ranked 64th vs 39th and 43rd vs 118th, respectively.

Gross Domestic Product & Income

StatCzech RepublicMongolia
GDP$245.2B$13.1B
GDP growth, 1 year2.9%6.9%
GDP growth, 5-years average3.5%4.7%
Population10.7M3.1M
GDP per capita$23k$4.1k
GDP per capita growth2.65%5.32%
Purchasing Power Parity conversion factor12.62738.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.3
GDP per capita, PPP adjusted$37k$13k
GNI, Atlas method$215B$11.6B
GNI per capita$20k$3.7k
GNI, PPP adjusted$398.8B$39.6B
GNI per capita, PPP adjusted$38k$13k

Financial system and Human development

StatCzech RepublicMongolia
Income Tax Rate15%10%
Corporate Tax Rate19%25%
Inflation, consumer prices2.2%7.7%
Inflation, GDP deflator2.5%8.1%
Unemployment2.4%6.3%
Economic Freedom Index74.855.9
Personal Freedom Index9.137.63
Human Freedom Index8.37.17
Property Rights Index76.850.3
Judical Effectiveness Index49.923
Business Freedom Index69.763.6
Fiscal Health Index97.89.3
Labor Freedom Index77.675.7
Investment Freedom Index8050
Financial Freedom Index8060
Trade Freedom Index86.474
Monetary Freedom Index80.874.2
Government Spending Index52.766.6
Tax Burden Index8287.4
Government Integrity Index64.236.9
Corruption Perceptions Index5937
Life expectancy at birth, years79.569.5
Suicide mortality rate, per 100,000 people13.113
Mortality caused by road traffic injury, per 100,000 people5.916.5
Intentional homicides, per 100,000 people0.66.2
International tourism, number of arrivals10.6M529k

Government debt & reserves

StatCzech RepublicMongolia
Central government debt, % of GDP33%73.3%
External debt stocks, % of GNIN/A253.9%
External debt stocksN/A$29.4B
Short-term debt, % of total reservesN/A87.3%
Total debt service, % of exports and primary incomeN/A101.6%
Adjusted net savings including particulate emission damage, % of GNI10.3%-10.3%
Gross savings, % of GDP26.2%30.3%
Gross capital formation, % of GDP26.2%43.1%
Total reserves including gold$142.5B$3.5B
Foreign direct investment net inflows$8.5B$2B

Exports, imports and economic structure

StatCzech RepublicMongolia
Exports of goods and services, % of GDP78.4%58.7%
Imports of goods and services, % of GDP72%64.2%
Current account balance (balance of payments)$860M-$1.9B
Revenue excluding grants, % of GDP31.8%24.9%
Grants excluding technical cooperation, BoP$243M$115.6M
Personal remittances received$3.9B$440.6M
Industry including construction value added, % of GDP32.2%38.7%
Agriculture, forestry and fishing value added, % of GDP2%10.8%
Charges for the use of intellectual property, payments BoP$1.5B$16.1M
Charges for the use of intellectual property, receipts BoP$495.7M$1.4M
Expense, % of GDP32.1%23.8%
Government Expenditure, % of GDP39.7%33.4%

Compare with countries close by GDP per capita

Czech Republic vs

CountryGDP
per capita
Population
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k