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Economy of Czech Republic vs Morocco compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $161B for Morocco, ranking 44/197 and 58/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $109B (67.7% of GDP) in Morocco.

Czech Republic vs Morocco GDP by year

Czech Republic
Morocco
1x
Year GDP, current $
Czech Republic Morocco
2024 $347,034,062,928 $160,610,994,055
2023 $345,059,295,660 $146,036,093,667
2022 $301,831,228,326 $131,245,312,804
2021 $290,972,714,482 $142,022,058,447
2020 $251,109,660,603 $121,353,645,057
2019 $256,794,209,029 $128,920,266,409
2018 $251,992,360,762 $127,341,147,582
2017 $221,563,575,696 $118,540,573,368
2016 $198,160,659,304 $111,572,947,005
2015 $189,107,698,562 $110,413,823,842
2014 $210,911,285,078 $119,130,841,412
2013 $213,024,360,541 $115,739,287,305
2012 $210,363,223,088 $106,937,392,311
2011 $231,429,378,717 $110,080,631,332
2010 $211,168,667,286 $100,865,329,473
2009 $206,971,882,705 $101,154,952,241
2008 $236,506,264,754 $101,822,906,949
2007 $190,040,702,287 $86,947,913,287
2006 $156,236,258,387 $75,883,823,301
2005 $137,264,185,596 $68,852,658,069
2004 $120,147,899,984 $66,114,145,451
2003 $100,435,924,705 $58,029,363,354
2002 $82,607,869,610 $47,077,192,188
2001 $68,135,304,464 $43,831,480,208
2000 $62,175,642,238 $43,017,455,402
1999 $65,586,562,605 $46,266,428,648
1998 $67,187,217,328 $46,497,608,725
1997 $62,539,765,163 $39,147,844,526
1996 $67,804,105,330 $43,161,571,528
1995 $60,572,381,311 $39,030,285,468
1994 $48,188,478,339 $35,604,137,423
1993 $41,155,654,032 $31,655,473,664
1992 $35,051,065,440 $33,711,069,431
1991 $30,071,014,282 $32,285,573,574
1990 $41,016,881,802 $30,179,954,775
1989 - $26,314,313,191
1988 - $25,705,296,184
1987 - $21,765,195,948
1986 - $19,462,085,540
1985 - $14,991,283,216
1984 - $14,824,667,954
1983 - $16,251,408,128
1982 - $17,692,276,734
1981 - $17,788,185,479
1980 - $21,728,516,153
1979 - $15,911,994,817
1978 - $13,236,946,234
1977 - $11,049,783,872
1976 - $9,584,297,284
1975 - $8,984,853,005
1974 - $7,675,466,449
1973 - $6,242,145,880
1972 - $5,074,117,545
1971 - $4,356,669,034
1970 - $3,956,336,244
1969 - $3,651,622,669
1968 - $3,271,422,333
1967 - $3,046,345,314
1966 - $2,876,401,297
1965 - $2,948,331,090
1964 - $2,798,345,299
1963 - $2,657,252,578
1962 - $2,379,611,125
1961 - $2,025,693,540
1960 - $2,037,154,742

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

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

GDP per capita in Czech Republic vs Morocco by year

Czech Republic
GDP per capita

GDP per capita, PPP
Morocco
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Morocco
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $4,218 $10,415
2023 $31,762 $55,761 $3,872 $9,895
2022 $28,282 $52,947 $3,516 $9,310
2021 $27,696 $47,796 $3,843 $8,623
2020 $23,473 $44,839 $3,317 $7,705
2019 $24,063 $45,614 $3,560 $8,046
2018 $23,706 $41,638 $3,553 $7,801
2017 $20,913 $39,346 $3,344 $8,115
2016 $18,754 $36,445 $3,186 $7,853
2015 $17,932 $34,093 $3,190 $7,799
2014 $20,038 $32,743 $3,483 $7,237
2013 $20,260 $31,013 $3,425 $7,542
2012 $20,014 $29,466 $3,206 $7,308
2011 $22,049 $29,237 $3,345 $7,274
2010 $20,160 $28,154 $3,107 $6,849
2009 $19,817 $27,713 $3,158 $6,629
2008 $22,775 $27,938 $3,222 $6,437
2007 $18,453 $26,268 $2,788 $6,058
2006 $15,259 $23,914 $2,466 $5,781
2005 $13,442 $22,115 $2,268 $5,275
2004 $11,783 $20,988 $2,207 $5,025
2003 $9,852 $19,604 $1,962 $4,741
2002 $8,101 $18,344 $1,612 $4,436
2001 $6,669 $17,709 $1,521 $4,269
2000 $6,063 $16,332 $1,513 $3,930
1999 $6,378 $15,494 $1,651 $3,801
1998 $6,527 $15,064 $1,683 $3,740
1997 $6,069 $14,911 $1,439 $3,502
1996 $6,573 $14,781 $1,610 $3,551
1995 $5,865 $13,957 $1,478 $3,152
1994 $4,663 $12,862 $1,369 $3,315
1993 $3,984 $12,242 $1,236 $2,979
1992 $3,397 $11,963 $1,337 $2,979
1991 $2,917 $11,768 $1,302 $3,025
1990 $3,969 $12,848 $1,238 $2,777
1989 - - $1,099 -
1988 - - $1,094 -
1987 - - $944 -
1986 - - $861 -
1985 - - $678 -
1984 - - $687 -
1983 - - $772 -
1982 - - $862 -
1981 - - $890 -
1980 - - $1,117 -
1979 - - $839 -
1978 - - $716 -
1977 - - $613 -
1976 - - $545 -
1975 - - $524 -
1974 - - $459 -
1973 - - $382 -
1972 - - $319 -
1971 - - $280.6 -
1970 - - $261.5 -
1969 - - $247.8 -
1968 - - $228 -
1967 - - $218.1 -
1966 - - $211.5 -
1965 - - $222.7 -
1964 - - $216.9 -
1963 - - $211.3 -
1962 - - $194.2 -
1961 - - $169.8 -
1960 - - $175.2 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $4,218 in Morocco, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Morocco ranks 132nd at $10,415.

Economic indicators

Czech Republic Morocco
Gross domestic product
$347B
2024
$161B
2024
GDP rank
44/197
2024
58/197
2024
GDP growth
1.23%
2023-2024
3.79%
2023-2024
GDP per capita
$31,823
2024
$4,218
2024
GDP per capita rank
39/197
2024
127/197
2024
GDP per capita, PPP
$57,285
2024
$10,415
2024
GDP per capita PPP rank
35/197
2024
132/197
2024
Government debt
$150B
2024
$109B
2024
Debt-to-GDP ratio
43.3%
2024
67.7%
2024
Government debt per person
$13,792
2024
$2,857
2024
Government debt per person rank
43/185
2024
104/185
2024
Average annual personal income after taxes
$22,139
2026
$5,678
2026
Market capitalization of domestic companies
$34.6B
2024
$74.5B
2024
Number of billionaires
11
2025
3
2025
Income share by richest 10%
21.5%
2023
31.9%
2013
Income share by poorest 10%
3.8%
2023
2.7%
2013
Government expenditure, % of GDP
42.8%
2024
33%
2024
Consumer prices inflation
2.44%
2023-2024
0.99%
2023-2024
Central bank interest rate
3.5%
2025
2.25%
2025
Unemployment rate
2.6%
2024
11.8%
2022
Population
10649126
38871720

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Morocco
Spending

Debt
1x
Year % of GDP
Czech Republic Morocco
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 33% 67.7%
2023 43.7% 42.2% 32% 68.7%
2022 43% 42.5% 33.7% 71.4%
2021 45% 40.7% 31% 69.4%
2020 46.3% 36.9% 34.1% 72.2%
2019 40.4% 29.6% 27.6% 60.3%
2018 40.1% 31.7% 27.8% 60.5%
2017 38.5% 33.8% 27.9% 60.3%
2016 39.4% 36.2% 28.6% 60.1%
2015 41.7% 39.5% 28.5% 58.4%
2014 42.3% 41.5% 30.7% 58.6%
2013 42.4% 44.1% 30.4% 57.1%
2012 44.4% 43.8% 32.5% 52.3%
2011 42.8% 39.4% 31.2% 48.6%
2010 43.2% 36.7% 28.7% 45.3%
2009 44.5% 33.4% 28.1% 42.6%
2008 40.9% 28.2% 28.3% 42%
2007 40.5% 27.3% 26.4% 47.1%
2006 41.5% 27.6% 26% 50.6%
2005 42.3% 27.7% 28.6% 54.8%
2004 42.2% 28.3% 24.5% 54.4%
2003 49% 28.1% 24.1% 56.9%
2002 44.4% 25.7% 25.8% 59.4%
2001 43.1% 22.6% 23.7% 60.4%
2000 40.6% 16.9% 22.8% 64.9%
1999 40.9% 15.1% 18.4% 63.4%
1998 41.6% 13.9% 18.7% 64.5%
1997 41.3% 12.1% 18.6% 68%
1996 41.4% 11.5% 17.6% 65.3%
1995 52.8% 13.5% 21.3% 72.2%
1994 - - 21.7% 69.3%
1993 - - 23.1% 74.7%
1992 - - 22.3% 67%
1991 - - 20.8% 59.1%
1990 - - 22.6% 70.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Morocco spent $53.1B, or 33% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 67.7% in Morocco, ranking 124/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Morocco
1x
Year Deficit/surplus, % of GDP
Czech Republic Morocco
2024 -1.99% -3.92%
2023 -3.73% -4.41%
2022 -3.07% -5.37%
2021 -4.95% -5.92%
2020 -5.65% -7.15%
2019 0.28% -3.8%
2018 0.88% -3.52%
2017 1.46% -3.3%
2016 0.68% -4.49%
2015 -0.67% -4.59%
2014 -2.09% -4.78%
2013 -1.3% -4.7%
2012 -3.92% -6.63%
2011 -2.71% -6.08%
2010 -4.14% -3.93%
2009 -5.46% -1.63%
2008 -2% 0.63%
2007 -0.68% -0.12%
2006 -2.19% -1.8%
2005 -3.06% -5.46%
2004 -2.4% -3.31%
2003 -6.87% -3.74%
2002 -6.34% -4.37%
2001 -5.76% -3.79%
2000 -3.55% -1.97%
1999 -3.08% 3.21%
1998 -4.14% 1.47%
1997 -3.14% 1.5%
1996 -2.98% 0.87%
1995 -12.3% -2.54%
1994 - -2.51%
1993 - -2%
1992 - -1.84%
1991 - -0.9%
1990 - -1.32%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/morocco | 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 Morocco's deficit of $6.3B, or 3.92% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Morocco ran a deficit in 25 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 3.12% of GDP for Morocco.

Inflation comparison by year

Inflation
Czech Republic

Morocco
1x
Year Consumer prices inflation
Czech Republic Morocco
2024 2.44% 0.99%
2023 10.7% 6.09%
2022 15.1% 6.66%
2021 3.84% 1.4%
2020 3.16% 0.71%
2019 2.85% 0.3%
2018 2.15% 1.8%
2017 2.45% 0.75%
2016 0.68% 1.64%
2015 0.31% 1.56%
2014 0.34% 0.44%
2013 1.44% 1.88%
2012 3.29% 1.29%
2011 1.92% 0.91%
2010 1.47% 0.99%
2009 1.02% 0.97%
2008 6.36% 3.71%
2007 2.85% 2.04%
2006 2.53% 3.28%
2005 1.86% 0.98%
2004 2.76% 1.49%
2003 0.12% 1.17%
2002 1.9% 2.8%
2001 4.66% 0.62%
2000 3.78% 1.89%
1999 2.14% 0.68%
1998 10.7% 2.75%
1997 8.6% 1.04%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 1.82% in Morocco. In 2024, inflation was 2.44% in the Czech Republic and 0.99% in Morocco.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $545M
Chemicals & pharma $47.3M
Raw materials & minerals $33.7M
Textiles & consumer goods $33.3M
Transport & tourism services $17.6M
Wood & paper products $10.9M
Metals $9.27M
Weapons & explosives $6.11M
IT & IP services $4.53M
Processed food, beverages & tobacco $3.81M
Morocco
Export category Export value
Machinery & equipment $211M
Processed food, beverages & tobacco $5.91M
Metals $4.35M
Raw agricultural goods $4.28M
Chemicals & pharma $3.41M
Textiles & consumer goods $2.74M
Raw materials & minerals $549K
Wood & paper products $93K
Animal & marine products $22K
Precious metals & jewellery $17K

Balance of trade

Czech Republic Morocco
Current account balance
$6.05B
2024
-$1.87B
2024
Current account balance ranking
31/190
2024
141/190
2024
Current account balance, % of GDP
+1.74%
2024
-1.16%
2024
Goods imports
$179B
2024
$66.5B
2024
Goods exports
$197B
2024
$39.3B
2024
Service imports
$38B
2024
$14.3B
2024
Service exports
$42.5B
2024
$28.2B
2024
Imports of goods and services, % of GDP
62.6%
2024
50.2%
2024
Exports of goods and services, % of GDP
68.9%
2024
42%
2024

Economic freedom indices

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

Czech Republic Morocco
Economic freedom 73.2 61.8
Economic freedom ranking 25/197 91/197
Property rights 89.8 55.2
Government integrity 64.7 35.6
Judicial effectiveness 92.1 32.5
Tax burden 78.8 65.5
Government spending 44.2 67.5
Fiscal health 82.5 57.5
Business freedom 76.8 72.1
Labor freedom 55.1 46.2
Monetary freedom 75 79.6
Trade freedom 79.4 69.8
Investment freedom 70 80
Financial freedom 70 80

Economic freedom comparison by year

Czech Republic
Morocco
1x
Year Economic freedom index
Czech Republic Morocco
2026 73.2 61.8
2025 72.9 60.3
2024 70.2 56.8
2023 71.9 58.4
2022 74.4 59.2
2021 73.8 63.3
2020 74.8 63.3
2019 73.7 62.9
2018 74.2 61.9
2017 73.3 61.5
2016 73.2 61.3
2015 72.5 60.1
2014 72.2 58.3
2013 70.9 59.6
2012 69.9 60.2
2011 70.4 59.6
2010 69.8 59.2
2009 69.4 57.7
2008 68.1 55.6
2007 67.4 56.4
2006 66.4 51.5
2005 64.6 52.2
2004 67 56.7
2003 67.5 57.8
2002 66.5 59
2001 70.2 63.9
2000 68.6 63.2
1999 69.7 63.8
1998 68.4 61.1
1997 68.8 64.7
1996 68.1 64.3
1995 67.8 62.8

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 61.8 for Morocco, ranking 91/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Morocco
Services, % of GDP
60.2%
2024
52.7%
2024
Industry, % of GDP
29.2%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
10.6%
2024
GNI, Atlas method
$322B
2024
$149B
2024
GNI per capita, PPP
$54,800
2024
$10,260
2024
Total reserves including gold
$146B
2024
$37.1B
2024
Total reserves ranking
22/177
2024
52/177
2024
Net foreign direct investment
-$1.87B
2024
-$948M
2024
Net inflows of foreign direct investment
$13.1B
2024
$1.64B
2024
Net outflows of foreign direct investment
$11.2B
2024
$691M
2024
Servicing debt to the IMF, % of GNI n/a
5.63%
2024
Poverty at national poverty lines
10.2%
2021
3.9%
2022
Gross capital formation, % of GDP
26.3%
2024
30.1%
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/morocco | 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. TradeMap (2020–2024, 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.