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Economy of Czech Republic vs Myanmar compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $74.1B for Myanmar, ranking 44/197 and 85/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Czech Republic vs Myanmar GDP by year

Czech Republic
Myanmar
1x
Year GDP, current $
Czech Republic Myanmar
2024 $347,034,062,928 $74,068,349,524
2023 $345,059,295,660 $66,757,619,000
2022 $301,831,228,326 $62,253,049,903
2021 $290,972,714,482 $66,345,291,149
2020 $251,109,660,603 $79,006,113,670
2019 $256,794,209,029 $75,065,106,243
2018 $251,992,360,762 $67,860,515,993
2017 $221,563,575,696 $66,053,040,475
2016 $198,160,659,304 $63,298,361,984
2015 $189,107,698,562 $59,607,290,408
2014 $210,911,285,078 $65,531,374,210
2013 $213,024,360,541 $60,269,732,855
2012 $210,363,223,088 $59,937,796,648
2011 $231,429,378,717 $59,977,326,086
2010 $211,168,667,286 $49,540,813,342
2009 $206,971,882,705 $36,906,181,381
2008 $236,506,264,754 $31,862,554,102
2007 $190,040,702,287 $20,182,477,481
2006 $156,236,258,387 $14,502,553,710
2005 $137,264,185,596 $11,986,972,419
2004 $120,147,899,984 $10,567,354,056
2003 $100,435,924,705 $10,467,109,978
2002 $82,607,869,610 $6,777,632,512
2001 $68,135,304,464 $6,477,790,688
2000 $62,175,642,238 $8,905,066,164
1999 $65,586,562,605 $8,486,832,801
1998 $67,187,217,328 $6,459,461,639
1997 $62,539,765,163 $4,722,288,496
1996 $67,804,105,330 $6,123,556,717
1995 $60,572,381,311 $5,289,174,943
1994 $48,188,478,339 $4,432,257,174
1993 $41,155,654,032 $3,163,020,035
1992 $35,051,065,440 $2,411,552,289
1991 $30,071,014,282 $2,069,832,687
1990 $41,016,881,802 $2,115,193,513
1989 - $2,013,448,229
1988 - $1,541,088,312
1987 - $1,562,448,077
1986 - $1,582,873,750
1985 - $1,478,908,173
1984 - $1,304,063,253
1983 - $1,381,573,615
1982 - $1,481,165,468
1981 - $1,111,000,765
1980 - $1,038,225,167
1979 - $952,265,043
1978 - $935,408,775
1977 - $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

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

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

GDP per capita in Czech Republic vs Myanmar by year

Czech Republic
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $1,359 $5,997
2023 $31,762 $55,761 $1,233 $5,953
2022 $28,282 $52,947 $1,158 $5,732
2021 $27,696 $47,796 $1,243 $5,178
2020 $23,473 $44,839 $1,490 $5,741
2019 $24,063 $45,614 $1,426 $6,101
2018 $23,706 $41,638 $1,298 $5,581
2017 $20,913 $39,346 $1,273 $4,706
2016 $18,754 $36,445 $1,229 $4,460
2015 $17,932 $34,093 $1,167 $4,459
2014 $20,038 $32,743 $1,293 $4,376
2013 $20,260 $31,013 $1,199 $4,144
2012 $20,014 $29,466 $1,203 $3,845
2011 $22,049 $29,237 $1,214 $3,579
2010 $20,160 $28,154 $1,011 $3,348
2009 $19,817 $27,713 $758 $3,040
2008 $22,775 $27,938 $658 $2,748
2007 $18,453 $26,268 $419 $2,459
2006 $15,259 $23,914 $303 $2,153
2005 $13,442 $22,115 $252.7 $1,860
2004 $11,783 $20,988 $224.5 $1,601
2003 $9,852 $19,604 $224.3 $1,385
2002 $8,101 $18,344 $146.6 $1,204
2001 $6,669 $17,709 $141.5 $1,069
2000 $6,063 $16,332 $196.6 $949
1999 $6,378 $15,494 $189.5 $825
1998 $6,527 $15,064 $146 $742
1997 $6,069 $14,911 $108 $702
1996 $6,573 $14,781 $141.9 $661
1995 $5,865 $13,957 $124.1 $618
1994 $4,663 $12,862 $105.4 $573
1993 $3,984 $12,242 $76.2 $529
1992 $3,397 $11,963 $58.9 $494
1991 $2,917 $11,768 $51.2 $447
1990 $3,969 $12,848 $53.1 $441
1989 - - $51.3 -
1988 - - $39.9 -
1987 - - $41.1 -
1986 - - $42.4 -
1985 - - $40.4 -
1984 - - $36.3 -
1983 - - $39.3 -
1982 - - $43 -
1981 - - $32.8 -
1980 - - $31.2 -
1979 - - $29.2 -
1978 - - $29.3 -
1977 - - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Myanmar ranks 153rd at $5,997.

Economic indicators

Czech Republic Myanmar
Gross domestic product
$347B
2024
$74.1B
2024
GDP rank
44/197
2024
85/197
2024
GDP growth
1.23%
2023-2024
-0.97%
2023-2024
GDP per capita
$31,823
2024
$1,359
2024
GDP per capita rank
39/197
2024
165/197
2024
GDP per capita, PPP
$57,285
2024
$5,997
2024
GDP per capita PPP rank
35/197
2024
153/197
2024
Government debt
$150B
2024
$44B
2024
Debt-to-GDP ratio
43.3%
2024
59.3%
2024
Government debt per person
$13,792
2024
$806
2024
Government debt per person rank
43/185
2024
150/185
2024
Average annual personal income after taxes
$22,139
2026
$1,646
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
25.5%
2017
Income share by poorest 10%
3.8%
2023
3.8%
2017
Government expenditure, % of GDP
42.8%
2024
20.7%
2024
Consumer prices inflation
2.44%
2023-2024
8.83%
2018-2019
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
1.48%
2020
Population
10649126
55292116

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Czech Republic Myanmar
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 20.7% 59.3%
2023 43.7% 42.2% 21.4% 59.1%
2022 43% 42.5% 21.3% 56.1%
2021 45% 40.7% 20.9% 63.4%
2020 46.3% 36.9% 21.3% 49.1%
2019 40.4% 29.6% 20.5% 37.6%
2018 40.1% 31.7% 18.7% 39.9%
2017 38.5% 33.8% 19.7% 41.9%
2016 39.4% 36.2% 21.3% 35.7%
2015 41.7% 39.5% 23.7% 36.6%
2014 42.3% 41.5% 24.7% 34.5%
2013 42.4% 44.1% 23.9% 44.8%
2012 44.4% 43.8% 20% 48%
2011 42.8% 39.4% 15.6% 49.9%
2010 43.2% 36.7% 15.8% 54.4%
2009 44.5% 33.4% 14.4% 56.4%
2008 40.9% 28.2% 14.4% 59.8%
2007 40.5% 27.3% 15.7% 77.4%
2006 41.5% 27.6% 15.6% 103.1%
2005 42.3% 27.7% 14.6% 119%
2004 42.2% 28.3% 14.6% 126.6%
2003 49% 28.1% 14.3% 146%
2002 44.4% 25.7% 15.3% 190.6%
2001 43.1% 22.6% 19.1% 262%
2000 40.6% 16.9% 21.4% 164.5%
1999 40.9% 15.1% 22.8% 150.7%
1998 41.6% 13.9% 25.2% 208.6%
1997 41.3% 12.1% - -
1996 41.4% 11.5% - -
1995 52.8% 13.5% - -

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

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 59.3% in Myanmar, ranking 124/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Myanmar
1x
Year Deficit/surplus, % of GDP
Czech Republic Myanmar
2024 -1.99% -5.06%
2023 -3.73% -5.18%
2022 -3.07% -2.82%
2021 -4.95% -2.47%
2020 -5.65% -6.5%
2019 0.28% -4.7%
2018 0.88% -2.77%
2017 1.46% -3.42%
2016 0.68% -2.53%
2015 -0.67% -4.33%
2014 -2.09% -1.06%
2013 -1.3% -1.53%
2012 -3.92% -2.7%
2011 -2.71% -4.82%
2010 -4.14% -5.4%
2009 -5.46% -3.55%
2008 -2% -2.73%
2007 -0.68% -3.52%
2006 -2.19% -3.42%
2005 -3.06% -3.49%
2004 -2.4% -4.62%
2003 -6.87% -4.24%
2002 -6.34% -4.01%
2001 -5.76% -6.34%
2000 -3.55% -6.03%
1999 -3.08% -4.46%
1998 -4.14% -4.89%
1997 -3.14% -
1996 -2.98% -
1995 -12.3% -

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

GeoRank.org/economy/czech-republic/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, the Czech Republic recorded a fiscal deficit in 23 of those years, while Myanmar ran a deficit in 27 years. On average, the Czech Republic posted an annual deficit equal to 2.83% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Czech Republic

Myanmar
1x
Year Consumer prices inflation
Czech Republic Myanmar
2024 2.44% -
2023 10.7% -
2022 15.1% -
2021 3.84% -
2020 3.16% -
2019 2.85% 8.83%
2018 2.15% 6.87%
2017 2.45% 4.57%
2016 0.68% 6.93%
2015 0.31% 9.45%
2014 0.34% 4.95%
2013 1.44% 5.64%
2012 3.29% 1.47%
2011 1.92% 5.02%
2010 1.47% 7.72%
2009 1.02% 1.47%
2008 6.36% 26.8%
2007 2.85% 35%
2006 2.53% 20%
2005 1.86% 9.37%
2004 2.76% 4.53%
2003 0.12% 36.6%
2002 1.9% 57.1%
2001 4.66% 21.1%
2000 3.78% -0.11%
1999 2.14% 18.4%
1998 10.7% 51.5%
1997 8.6% 29.7%

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

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

Over the past 23 years, the Czech Republic has recorded an average annual inflation rate of 2.88%, compared with 16.2% in Myanmar. In 2019, inflation was 2.44% in the Czech Republic and 8.83% in Myanmar.

Top exports between countries

Czech Republic
Export category Export value
Processed food, beverages & tobacco $1.54M
Raw materials & minerals $1.26M
Machinery & equipment $519K
Textiles & consumer goods $55K
Chemicals & pharma $32K
Raw agricultural goods $3K
Metals $2K
Wood & paper products $2K
Animal & marine products $1K
Myanmar
Export category Export value
Raw agricultural goods $18.2M
Textiles & consumer goods $2.38M
Machinery & equipment $429K
Raw materials & minerals $239K
Processed food, beverages & tobacco $81K
Miscellaneous $15K
Metals $8K

Balance of trade

Czech Republic Myanmar
Current account balance
$6.05B
2024
$67.7M
2019
Current account balance ranking
31/190
2024
71/190
2019
Current account balance, % of GDP
+1.74%
2024
+0.09%
2019
Goods imports
$179B
2024
$13.7B
2019
Goods exports
$197B
2024
$10.8B
2019
Service imports
$38B
2024
$3.66B
2019
Service exports
$42.5B
2024
$6.68B
2019
Imports of goods and services, % of GDP
62.6%
2024
n/a
Exports of goods and services, % of GDP
68.9%
2024
24.3%
2025

Economic freedom indices

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

Czech Republic Myanmar
Economic freedom 73.2 44.5
Economic freedom ranking 25/197 180/197
Property rights 89.8 5.7
Government integrity 64.7 18.1
Judicial effectiveness 92.1 3.9
Tax burden 78.8 88.6
Government spending 44.2 86.6
Fiscal health 82.5 62.7
Business freedom 76.8 37.9
Labor freedom 55.1 53.2
Monetary freedom 75 57.5
Trade freedom 79.4 69.4
Investment freedom 70 30
Financial freedom 70 20

Economic freedom comparison by year

Czech Republic
Myanmar
1x
Year Economic freedom index
Czech Republic Myanmar
2026 73.2 44.5
2025 72.9 43.7
2024 70.2 42.2
2023 71.9 46.5
2022 74.4 49.6
2021 73.8 55.2
2020 74.8 54
2019 73.7 53.6
2018 74.2 53.9
2017 73.3 52.5
2016 73.2 48.7
2015 72.5 46.9
2014 72.2 46.5
2013 70.9 39.2
2012 69.9 38.7
2011 70.4 37.8
2010 69.8 36.7
2009 69.4 37.7
2008 68.1 39.5
2007 67.4 41
2006 66.4 40
2005 64.6 40.5
2004 67 43.6
2003 67.5 44.9
2002 66.5 45.5
2001 70.2 46.1
2000 68.6 47.9
1999 69.7 46.4
1998 68.4 45.7
1997 68.8 45.4
1996 68.1 45.1
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Myanmar
Services, % of GDP
60.2%
2024
41.4%
2024
Industry, % of GDP
29.2%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
20.8%
2024
GNI, Atlas method
$322B
2024
$65.9B
2024
GNI per capita, PPP
$54,800
2024
$5,890
2024
Total reserves including gold
$146B
2024
$9.34B
2023
Total reserves ranking
22/177
2024
81/177
2023
Net foreign direct investment
-$1.87B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$13.1B
2024
$1.1B
2024
Net outflows of foreign direct investment
$11.2B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
1.31%
2024
Poverty at national poverty lines
10.2%
2021
24.8%
2017
Gross capital formation, % of GDP
26.3%
2024
n/a

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/myanmar | 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 (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 (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.