Skip to content

Economy of Czech Republic vs Namibia compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $15.1B for Namibia, ranking 42/197 and 146/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $10.6B (70.2% of GDP) in Namibia.

Czech Republic vs Namibia GDP by year

Czech Republic
Namibia
1x
Year GDP, current $
Czech Republic Namibia
2025 $391,026,962,800 $15,080,340,654
2024 $347,082,562,221 $13,641,190,683
2023 $345,059,295,660 $12,522,012,874
2022 $301,831,228,326 $12,569,449,123
2021 $290,972,714,482 $12,402,486,184
2020 $251,109,660,603 $10,583,748,542
2019 $256,794,209,029 $12,541,928,303
2018 $251,992,360,762 $13,682,019,076
2017 $221,563,575,696 $12,895,153,371
2016 $198,160,659,304 $10,722,018,732
2015 $189,107,698,562 $11,335,161,084
2014 $210,911,285,078 $12,435,430,970
2013 $213,024,360,541 $12,043,307,277
2012 $210,363,223,088 $13,042,053,592
2011 $231,429,378,717 $12,523,359,441
2010 $211,168,667,286 $11,431,412,421
2009 $206,971,882,705 $8,938,847,189
2008 $236,506,264,754 $8,607,431,497
2007 $190,040,702,287 $8,839,536,476
2006 $156,236,258,387 $8,001,779,551
2005 $137,264,185,596 $7,248,374,838
2004 $120,147,899,984 $6,609,205,995
2003 $100,435,924,705 $4,926,439,384
2002 $82,607,869,610 $3,349,169,826
2001 $68,135,304,464 $3,557,341,215
2000 $62,175,642,238 $3,922,232,165
1999 $65,586,562,605 $3,868,551,730
1998 $67,187,217,328 $3,873,109,866
1997 $62,539,765,163 $4,154,989,950
1996 $67,804,105,330 $3,989,163,197
1995 $60,572,381,311 $3,978,514,206
1994 $48,188,478,339 $3,666,503,530
1993 $41,155,654,032 $3,251,188,833
1992 $35,051,065,440 $3,429,521,699
1991 $30,071,014,282 $2,996,869,281
1990 $41,016,881,802 $2,789,921,854
1989 - $2,535,135,798
1988 - $2,495,094,746
1987 - $2,300,068,217
1986 - $1,809,048,527
1985 - $1,608,237,350
1984 - $1,951,260,038
1983 - $2,297,400,688
1982 - $2,118,710,248
1981 - $2,249,908,578
1980 - $2,421,990,338

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

GDP per capita in Czech Republic vs Namibia by year

Czech Republic
GDP per capita

GDP per capita, PPP
Namibia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Namibia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $4,876 -
2024 $31,828 $57,285 $4,502 $11,687
2023 $31,762 $55,761 $4,226 $11,251
2022 $28,282 $52,947 $4,350 $10,663
2021 $27,696 $47,796 $4,413 $9,709
2020 $23,473 $44,839 $3,879 $9,354
2019 $24,063 $45,614 $4,732 $9,609
2018 $23,706 $41,638 $5,309 $9,854
2017 $20,913 $39,346 $5,144 $9,888
2016 $18,754 $36,445 $4,396 $10,200
2015 $17,932 $34,093 $4,774 $10,466
2014 $20,038 $32,743 $5,378 $10,365
2013 $20,260 $31,013 $5,347 $9,699
2012 $20,014 $29,466 $5,943 $9,364
2011 $22,049 $29,237 $5,835 $9,002
2010 $20,160 $28,154 $5,418 $8,538
2009 $19,817 $27,713 $4,303 $8,079
2008 $22,775 $27,938 $4,205 $8,125
2007 $18,453 $26,268 $4,379 $7,875
2006 $15,259 $23,914 $4,017 $7,374
2005 $13,442 $22,115 $3,686 $6,767
2004 $11,783 $20,988 $3,403 $6,480
2003 $9,852 $19,604 $2,569 $5,693
2002 $8,101 $18,344 $1,772 $5,433
2001 $6,669 $17,709 $1,916 $5,196
2000 $6,063 $16,332 $2,157 $5,129
1999 $6,378 $15,494 $2,178 $4,961
1998 $6,527 $15,064 $2,235 $4,852
1997 $6,069 $14,911 $2,460 $4,764
1996 $6,573 $14,781 $2,423 $4,612
1995 $5,865 $13,957 $2,483 $4,509
1994 $4,663 $12,862 $2,356 $4,376
1993 $3,984 $12,242 $2,155 $4,345
1992 $3,397 $11,963 $2,347 $4,452
1991 $2,917 $11,768 $2,117 $4,192
1990 $3,969 $12,848 $2,037 $3,875
1989 - - $1,967 -
1988 - - $2,063 -
1987 - - $1,969 -
1986 - - $1,599 -
1985 - - $1,466 -
1984 - - $1,830 -
1983 - - $2,214 -
1982 - - $2,097 -
1981 - - $2,267 -
1980 - - $2,468 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $4,876 in Namibia, ranking 125/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Namibia ranks 128th at $11,687.

Economic indicators

Czech Republic Namibia
Gross domestic product
$391B
2025
$15.1B
2025
GDP rank
42/197
2025
146/197
2025
GDP growth
2.58%
2024-2025
1.73%
2024-2025
GDP per capita
$35,917
2025
$4,876
2025
GDP per capita rank
35/197
2025
125/197
2025
GDP per capita, PPP
$57,285
2024
$11,687
2024
GDP per capita PPP rank
35/197
2024
128/197
2024
Government debt
$174B
2025
$10.6B
2025
Debt-to-GDP ratio
44.6%
2025
70.2%
2025
Government debt per person
$16,026
2025
$3,425
2025
Government debt per person rank
42/185
2025
97/185
2025
Average annual personal income after taxes
$22,312
2026
$3,433
2026
Market capitalization of domestic companies
$55.4B
2025
$2.48B
2024
Number of billionaires
11
2026
n/a
Income share by richest 10%
21.5%
2023
47.2%
2015
Income share by poorest 10%
3.8%
2023
1%
2015
Government expenditure, % of GDP
43.5%
2025
39.4%
2025
Consumer prices inflation
2.46%
2024-2025
3.5%
2024-2025
Central bank interest rate
3.5%
2025
6.5%
2025
Unemployment rate
2.8%
2025
19.9%
2018
Population
10742283
3185686

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Namibia
Spending

Debt
1x
Year % of GDP
Czech Republic Namibia
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 39.4% 70.2%
2024 42.9% 43.3% 39.6% 69.8%
2023 43.7% 42.2% 37% 67.9%
2022 43% 42.5% 36.6% 70.1%
2021 45% 40.7% 39.3% 69.6%
2020 46.3% 36.9% 41.5% 64.3%
2019 40.4% 29.6% 37.4% 57.6%
2018 40.1% 31.7% 36.3% 48.7%
2017 38.5% 33.8% 38.1% 43.8%
2016 39.4% 36.2% 41.8% 45.8%
2015 41.7% 39.5% 43.7% 42.1%
2014 42.3% 41.5% 41.8% 27.6%
2013 42.4% 44.1% 38.3% 26.1%
2012 44.4% 43.8% 35% 24.6%
2011 42.8% 39.4% 38.5% 27.4%
2010 43.2% 36.7% 33.5% 16.3%
2009 44.5% 33.4% 32% 15.9%
2008 40.9% 28.2% 28.4% 19.1%
2007 40.5% 27.3% 26.1% 19.4%
2006 41.5% 27.6% 27.4% 26.1%
2005 42.3% 27.7% 27.7% 26.9%
2004 42.2% 28.3% 28.4% 29.2%
2003 49% 28.1% 31.1% 27.1%
2002 44.4% 25.7% 29.8% 22.2%
2001 43.1% 22.6% 30.7% 24.4%
2000 40.6% 16.9% 30.1% 20.9%
1999 40.9% 15.1% 31.8% 21.8%
1998 41.6% 13.9% 31.3% 19.6%
1997 41.3% 12.1% 30.9% 17.7%
1996 41.4% 11.5% 30.4% 18.7%
1995 52.8% 13.5% 29.6% 18%
1994 - - 28.7% 16.4%
1993 - - 32.4% 17.2%
1992 - - 32.8% 14.1%
1991 - - 33% 11.8%
1990 - - 30.2% 12.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1992, retrieved 2026-07-08).

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Namibia spent $5.94B, or 39.4% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 70.2% in Namibia, ranking 119/185 and 57/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Namibia
1x
Year Deficit/surplus, % of GDP
Czech Republic Namibia
2025 -2.03% -6.46%
2024 -2.03% -3.84%
2023 -3.73% -3.14%
2022 -3.07% -6.33%
2021 -4.95% -8.68%
2020 -5.65% -8.07%
2019 0.28% -5.49%
2018 0.88% -5.09%
2017 1.46% -4.99%
2016 0.68% -9.3%
2015 -0.67% -8.3%
2014 -2.09% -6.44%
2013 -1.3% -4.69%
2012 -3.92% -3.1%
2011 -2.71% -7.09%
2010 -4.14% -4.98%
2009 -5.46% -0.4%
2008 -2% 3.48%
2007 -0.68% 6.01%
2006 -2.19% 3.41%
2005 -3.06% -0.31%
2004 -2.4% -2.67%
2003 -6.87% -4.47%
2002 -6.34% -1.38%
2001 -5.76% -2.01%
2000 -3.55% -0.79%
1999 -3.08% -1.88%
1998 -4.14% -2.76%
1997 -3.14% -2.38%
1996 -2.98% -3.7%
1995 -12.3% -1.74%
1994 - -0.57%
1993 - -2.73%
1992 - -2.55%
1991 - -1.59%
1990 - 1.08%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/namibia | 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 Namibia's deficit of $974M, or 6.46% of GDP.

Over the past 31 years, the Czech Republic recorded a fiscal deficit in 27 of those years, while Namibia ran a deficit in 28 years. On average, the Czech Republic posted an annual deficit equal to 3.13% of GDP, compared to deficit of 3.47% of GDP for Namibia.

Inflation comparison by year

Inflation
Czech Republic

Namibia
1x
Year Consumer prices inflation
Czech Republic Namibia
2025 2.46% 3.5%
2024 2.44% 4.2%
2023 10.7% 5.9%
2022 15.1% 6.1%
2021 3.84% 3.6%
2020 3.16% 2.2%
2019 2.85% 3.7%
2018 2.15% 4.3%
2017 2.45% 6.1%
2016 0.68% 6.7%
2015 0.31% 3.4%
2014 0.34% 5.3%
2013 1.44% 5.6%
2012 3.29% 6.7%
2011 1.92% 5%
2010 1.47% 4.9%
2009 1.02% 9.5%
2008 6.36% 9.1%
2007 2.85% 6.5%
2006 2.53% 5%
2005 1.86% 2.3%
2004 2.76% 4.1%
2003 0.12% 7.2%
2002 1.9% 12.7%
2001 4.66% 10.2%
2000 3.78% 10.2%
1999 2.14% 9.4%
1998 10.7% 6.6%
1997 8.6% 9.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 6.2% in Namibia. In 2025, inflation was 2.46% in the Czech Republic and 3.5% in Namibia.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $1.41M
Weapons & explosives $515K
Textiles & consumer goods $495K
Raw materials & minerals $414K
Chemicals & pharma $230K
Miscellaneous $26K
Metals $11K
Wood & paper products $5K
Namibia
Export category Export value
Animal & marine products $134K
Machinery & equipment $37K
Precious metals & jewellery $30K
Textiles & consumer goods $11K
Miscellaneous $3K
Raw materials & minerals $3K
Wood & paper products $3K
Processed food, beverages & tobacco $2K
Raw agricultural goods $2K

Balance of trade

Czech Republic Namibia
Current account balance
$2.44B
2025
-$1.83B
2024
Current account balance ranking
41/190
2025
138/190
2024
Current account balance, % of GDP
+0.62%
2025
-13.4%
2024
Goods imports
$197B
2025
$6.77B
2024
Goods exports
$215B
2025
$4.67B
2024
Service imports
$42.9B
2025
$2.47B
2024
Service exports
$47.5B
2025
$1.29B
2024
Imports of goods and services, % of GDP
61.1%
2025
63.9%
2025
Exports of goods and services, % of GDP
66.9%
2025
44.7%
2025

Economic freedom indices

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

Czech Republic Namibia
Economic freedom 73.2 60.2
Economic freedom ranking 25/197 95/197
Property rights 89.8 63.1
Government integrity 64.7 51.5
Judicial effectiveness 92.1 67.2
Tax burden 78.8 66.4
Government spending 44.2 57.1
Fiscal health 82.5 60.5
Business freedom 76.8 58
Labor freedom 55.1 62.7
Monetary freedom 75 76.1
Trade freedom 79.4 69.8
Investment freedom 70 50
Financial freedom 70 40

Economic freedom comparison by year

Czech Republic
Namibia
1x
Year Economic freedom index
Czech Republic Namibia
2026 73.2 60.2
2025 72.9 58.7
2024 70.2 57.5
2023 71.9 57.7
2022 74.4 59.2
2021 73.8 62.6
2020 74.8 60.9
2019 73.7 58.7
2018 74.2 58.5
2017 73.3 62.5
2016 73.2 61.9
2015 72.5 59.6
2014 72.2 59.4
2013 70.9 60.3
2012 69.9 61.9
2011 70.4 62.7
2010 69.8 62.2
2009 69.4 62.4
2008 68.1 61.4
2007 67.4 63.5
2006 66.4 60.7
2005 64.6 61.4
2004 67 62.4
2003 67.5 67.3
2002 66.5 65.1
2001 70.2 64.8
2000 68.6 66.7
1999 69.7 66.1
1998 68.4 66.1
1997 68.8 61.6
1996 68.1 -
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 60.2 for Namibia, ranking 95/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Namibia
Services, % of GDP
60.8%
2025
55%
2025
Industry, % of GDP
28.7%
2025
28.9%
2025
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
6.99%
2025
GNI, Atlas method
$359B
2025
$13.4B
2025
GNI per capita, PPP
$57,870
2025
$11,260
2025
Total reserves including gold
$176B
2025
$3.1B
2025
Total reserves ranking
21/177
2025
119/177
2025
Net foreign direct investment
-$1.88B
2025
-$1.89B
2024
Net inflows of foreign direct investment
$13.5B
2024
$1.93B
2024
Net outflows of foreign direct investment
$12.9B
2024
$44.4M
2024
Poverty at national poverty lines
10.2%
2021
17.4%
2015
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/namibia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2023–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1992, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.