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Economy of Czech Republic vs Pakistan compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $372B for Pakistan, ranking 44/197 and 43/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Czech Republic vs Pakistan GDP by year

Czech Republic
Pakistan
1x
Year GDP, current $
Czech Republic Pakistan
2024 $347,034,062,928 $371,570,000,121
2023 $345,059,295,660 $336,686,348,609
2022 $301,831,228,326 $374,890,295,667
2021 $290,972,714,482 $348,516,647,445
2020 $251,109,660,603 $300,425,609,818
2019 $256,794,209,029 $320,909,472,771
2018 $251,992,360,762 $356,128,166,705
2017 $221,563,575,696 $339,205,534,861
2016 $198,160,659,304 $313,630,000,130
2015 $189,107,698,562 $299,963,590,535
2014 $210,911,285,078 $271,390,474,858
2013 $213,024,360,541 $258,657,231,672
2012 $210,363,223,088 $250,106,966,105
2011 $231,429,378,717 $230,586,581,060
2010 $211,168,667,286 $196,709,621,850
2009 $206,971,882,705 $187,337,783,856
2008 $236,506,264,754 $202,203,748,584
2007 $190,040,702,287 $184,140,869,997
2006 $156,236,258,387 $161,871,385,506
2005 $137,264,185,596 $145,208,562,961
2004 $120,147,899,984 $132,216,048,339
2003 $100,435,924,705 $112,371,913,741
2002 $82,607,869,610 $97,923,302,809
2001 $68,135,304,464 $97,145,618,480
2000 $62,175,642,238 $99,484,802,345
1999 $65,586,562,605 $62,973,857,069
1998 $67,187,217,328 $62,191,955,814
1997 $62,539,765,163 $62,433,340,468
1996 $67,804,105,330 $63,320,170,084
1995 $60,572,381,311 $60,636,071,684
1994 $48,188,478,339 $52,293,470,813
1993 $41,155,654,032 $51,809,999,353
1992 $35,051,065,440 $48,884,671,947
1991 $30,071,014,282 $45,625,336,680
1990 $41,016,881,802 $40,010,423,970
1989 - $40,171,106,279
1988 - $38,472,742,808
1987 - $33,351,529,275
1986 - $31,899,070,056
1985 - $31,144,920,844
1984 - $31,151,825,467
1983 - $28,691,889,764
1982 - $30,725,971,564
1981 - $28,100,606,061
1980 - $23,654,444,444
1979 - $19,688,383,838
1978 - $17,811,515,152
1977 - $15,126,060,606
1976 - $13,168,080,808
1975 - $11,230,606,061
1974 - $8,899,191,919
1973 - $6,383,429,490
1972 - $9,415,016,360
1971 - $10,665,896,682
1970 - $10,027,509,450
1969 - $8,683,116,338
1968 - $8,041,999,160
1967 - $7,464,510,710
1966 - $6,561,108,778
1965 - $5,929,231,415
1964 - $5,204,955,901
1963 - $4,630,827,383
1962 - $4,310,163,797
1961 - $4,118,647,627
1960 - $3,749,265,015

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

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

GDP per capita in Czech Republic vs Pakistan by year

Czech Republic
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $1,479 $6,252
2023 $31,762 $55,761 $1,360 $6,014
2022 $28,282 $52,947 $1,538 $5,920
2021 $27,696 $47,796 $1,455 $5,367
2020 $23,473 $44,839 $1,278 $5,048
2019 $24,063 $45,614 $1,390 $5,038
2018 $23,706 $41,638 $1,569 $4,979
2017 $20,913 $39,346 $1,519 $4,790
2016 $18,754 $36,445 $1,425 $4,631
2015 $17,932 $34,093 $1,380 $4,480
2014 $20,038 $32,743 $1,267 $4,313
2013 $20,260 $31,013 $1,225 $4,174
2012 $20,014 $29,466 $1,204 $4,047
2011 $22,049 $29,237 $1,132 $3,880
2010 $20,160 $28,154 $987 $3,786
2009 $19,817 $27,713 $964 $3,777
2008 $22,775 $27,938 $1,067 $3,721
2007 $18,453 $26,268 $998 $3,672
2006 $15,259 $23,914 $901 $3,515
2005 $13,442 $22,115 $828 $3,293
2004 $11,783 $20,988 $772 $3,048
2003 $9,852 $19,604 $672 $2,822
2002 $8,101 $18,344 $600 $2,688
2001 $6,669 $17,709 $610 $2,644
2000 $6,063 $16,332 $642 $2,565
1999 $6,378 $15,494 $418 $2,475
1998 $6,527 $15,064 $424 $2,419
1997 $6,069 $14,911 $438 $2,398
1996 $6,573 $14,781 $457 $2,401
1995 $5,865 $13,957 $451 $2,315
1994 $4,663 $12,862 $400 $2,224
1993 $3,984 $12,242 $408 $2,160
1992 $3,397 $11,963 $396 $2,132
1991 $2,917 $11,768 $380 $1,992
1990 $3,969 $12,848 $344 $1,895
1989 - - $358 -
1988 - - $354 -
1987 - - $317 -
1986 - - $314 -
1985 - - $317 -
1984 - - $327 -
1983 - - $311 -
1982 - - $345 -
1981 - - $328 -
1980 - - $287.4 -
1979 - - $249.2 -
1978 - - $233.4 -
1977 - - $204.7 -
1976 - - $183.9 -
1975 - - $161.7 -
1974 - - $132 -
1973 - - $97.5 -
1972 - - $148.1 -
1971 - - $172.5 -
1970 - - $166.7 -
1969 - - $148.5 -
1968 - - $141.6 -
1967 - - $135.2 -
1966 - - $122.2 -
1965 - - $113.6 -
1964 - - $102.5 -
1963 - - $93.7 -
1962 - - $89.5 -
1961 - - $87.8 -
1960 - - $82 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Pakistan ranks 150th at $6,252.

Economic indicators

Czech Republic Pakistan
Gross domestic product
$347B
2024
$372B
2024
GDP rank
44/197
2024
43/197
2024
GDP growth
1.23%
2023-2024
3.05%
2023-2024
GDP per capita
$31,823
2024
$1,479
2024
GDP per capita rank
39/197
2024
163/197
2024
GDP per capita, PPP
$57,285
2024
$6,252
2024
GDP per capita PPP rank
35/197
2024
150/197
2024
Government debt
$150B
2024
$262B
2024
Debt-to-GDP ratio
43.3%
2024
70.4%
2024
Government debt per person
$13,792
2024
$1,041
2024
Government debt per person rank
43/185
2024
140/185
2024
Average annual personal income after taxes
$22,139
2026
$1,668
2026
Market capitalization of domestic companies
$34.6B
2024
$52.1B
2024
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
25.5%
2018
Income share by poorest 10%
3.8%
2023
4.2%
2018
Government expenditure, % of GDP
42.8%
2024
19.5%
2024
Consumer prices inflation
2.44%
2023-2024
12.6%
2023-2024
Central bank interest rate
3.5%
2025
10.5%
2025
Unemployment rate
2.6%
2024
6.96%
2025
Population
10649126
260356147

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Czech Republic Pakistan
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 19.5% 70.4%
2023 43.7% 42.2% 19.3% 78.5%
2022 43% 42.5% 20% 77.3%
2021 45% 40.7% 18.5% 74.7%
2020 46.3% 36.9% 20.3% 80.8%
2019 40.4% 29.6% 19.1% 78.7%
2018 40.1% 31.7% 19.1% 66.3%
2017 38.5% 33.8% 19.1% 62.1%
2016 39.4% 36.2% 17.7% 62.1%
2015 41.7% 39.5% 17.8% 59.1%
2014 42.3% 41.5% 18.1% 58.8%
2013 42.4% 44.1% 19.5% 59.2%
2012 44.4% 43.8% 19.4% 58.4%
2011 42.8% 39.4% 17.9% 56.2%
2010 43.2% 36.7% 18.3% 56.7%
2009 44.5% 33.4% 17.3% 54.6%
2008 40.9% 28.2% 18% 49.5%
2007 40.5% 27.3% 16.1% 44.2%
2006 41.5% 27.6% 14.5% 46.2%
2005 42.3% 27.7% 13% 47.9%
2004 42.2% 28.3% 12.1% 50.6%
2003 49% 28.1% 12.9% 56.3%
2002 44.4% 25.7% 14.4% 60.5%
2001 43.1% 22.6% 12.9% 65.1%
2000 40.6% 16.9% 13.8% 61.7%
1999 40.9% 15.1% 13.2% 60.7%
1998 41.6% 13.9% 14.1% 53.8%
1997 41.3% 12.1% 13.7% 52.8%
1996 41.4% 11.5% 15% 52.5%
1995 52.8% 13.5% 14% 52.3%
1994 - - 14.5% 58.5%
1993 - - 17% 57.9%
1992 - - 22.6% 53.3%
1991 - - 21.4% 55.8%
1990 - - 23.9% 48.3%
1989 - - 26.1% 46.6%
1988 - - 27.9% 45%
1987 - - 29.5% 44.4%
1986 - - 27.6% 43.1%
1985 - - 28.3% 37%
1984 - - 25.4% 33.4%
1983 - - 24.8% 33.6%
1982 - - 24.5% 33.8%
1981 - - 21.6% 29.7%
1980 - - 22% 33.3%
1979 - - 25.3% 36.8%
1978 - - 25.5% 36.1%
1977 - - 20.4% 36.4%
1976 - - 21% 35.8%
1975 - - 20.4% 32.1%
1974 - - 15.3% 38%
1973 - - 13.9% 43.4%
1972 - - 13.5% 88.7%
1971 - - 22.1% 33.2%
1970 - - 23.6% 31.6%
1969 - - 15.6% 29.1%
1968 - - 13.7% 27.5%
1967 - - 12.9% 25.9%
1966 - - 12.2% 25.1%
1965 - - 11.2% 22.7%
1964 - - 12.1% 21.3%
1963 - - 14.7% 19.2%
1962 - - 11.8% 16.6%
1961 - - 10.6% 19.6%
1960 - - 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 70.4% in Pakistan, ranking 124/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Pakistan
1x
Year Deficit/surplus, % of GDP
Czech Republic Pakistan
2024 -1.99% -6.81%
2023 -3.73% -7.76%
2022 -3.07% -7.84%
2021 -4.95% -6.04%
2020 -5.65% -7.03%
2019 0.28% -7.79%
2018 0.88% -5.67%
2017 1.46% -5.17%
2016 0.68% -3.92%
2015 -0.67% -4.74%
2014 -2.09% -4.37%
2013 -1.3% -7.48%
2012 -3.92% -7.74%
2011 -2.71% -6.23%
2010 -4.14% -5.42%
2009 -5.46% -4.53%
2008 -2% -5.94%
2007 -0.68% -4.23%
2006 -2.19% -2.79%
2005 -3.06% -2.29%
2004 -2.4% -1.29%
2003 -6.87% -0.12%
2002 -6.34% -2.64%
2001 -5.76% -2.45%
2000 -3.55% -3.21%
1999 -3.08% -3.07%
1998 -4.14% -4.46%
1997 -3.14% -3.87%
1996 -2.98% -4.33%
1995 -12.3% -3.9%
1994 - -3.63%
1993 - -5.53%
1992 - -11.3%
1991 - -10.8%
1990 - -11.9%
1989 - -7.01%
1988 - -9.35%
1987 - -11.7%
1986 - -9.79%
1985 - -10.6%
1984 - -8.9%
1983 - -7.55%
1982 - -8.24%
1981 - -5.83%
1980 - -5.32%
1979 - -11.6%
1978 - -12.4%
1977 - -8.74%
1976 - -9.05%
1975 - -8.97%
1974 - -4.45%
1973 - -3.99%
1972 - -3.16%
1971 - -7.45%
1970 - -10.8%
1969 - -7.08%
1968 - -5.56%
1967 - -4.27%
1966 - -4.48%
1965 - -3.28%
1964 - -4.89%
1963 - -6.55%
1962 - -3.39%
1961 - -4.6%
1960 - -3.83%
1959 - -3.71%
1958 - -4.2%
1957 - -2.21%
1956 - -2.36%
1955 - -2%
1954 - -3.18%
1953 - -2.66%
1952 - -0.73%
1951 - 0.63%
1950 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/pakistan | 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 Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Pakistan ran a deficit in 30 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 4.77% of GDP for Pakistan.

Inflation comparison by year

Inflation
Czech Republic

Pakistan
1x
Year Consumer prices inflation
Czech Republic Pakistan
2024 2.44% 12.6%
2023 10.7% 30.8%
2022 15.1% 19.9%
2021 3.84% 9.5%
2020 3.16% 9.74%
2019 2.85% 10.6%
2018 2.15% 5.08%
2017 2.45% 4.09%
2016 0.68% 3.77%
2015 0.31% 2.53%
2014 0.34% 7.19%
2013 1.44% 7.69%
2012 3.29% 9.68%
2011 1.92% 11.9%
2010 1.47% 12.9%
2009 1.02% 13.6%
2008 6.36% 20.3%
2007 2.85% 7.6%
2006 2.53% 7.92%
2005 1.86% 9.06%
2004 2.76% 7.44%
2003 0.12% 2.91%
2002 1.9% 3.29%
2001 4.66% 3.15%
2000 3.78% 4.37%
1999 2.14% 4.14%
1998 10.7% 6.23%
1997 8.6% 11.4%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 9.26% in Pakistan. In 2024, inflation was 2.44% in the Czech Republic and 12.6% in Pakistan.

Top exports between countries

Czech Republic
Export category Export value
Metals $16.3M
Machinery & equipment $13M
Wood & paper products $4.42M
Chemicals & pharma $3.68M
Textiles & consumer goods $1.86M
Raw materials & minerals $1.66M
Processed food, beverages & tobacco $618K
Weapons & explosives $491K
Animal & marine products $272K
Raw agricultural goods $100K
Pakistan
Export category Export value
Textiles & consumer goods $41.2M
Chemicals & pharma $6.88M
Machinery & equipment $4.19M
Animal & marine products $342K
Raw materials & minerals $147K
Raw agricultural goods $72K
Precious metals & jewellery $34K
Processed food, beverages & tobacco $21K
Metals $14K
Wood & paper products $8K

Balance of trade

Czech Republic Pakistan
Current account balance
$6.05B
2024
$496M
2024
Current account balance ranking
31/190
2024
63/190
2024
Current account balance, % of GDP
+1.74%
2024
+0.13%
2024
Goods imports
$179B
2024
$55.6B
2024
Goods exports
$197B
2024
$32.1B
2024
Service imports
$38B
2024
$11.2B
2024
Service exports
$42.5B
2024
$8.1B
2024
Imports of goods and services, % of GDP
62.6%
2024
17.2%
2024
Exports of goods and services, % of GDP
68.9%
2024
10.4%
2024

Economic freedom indices

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

Czech Republic Pakistan
Economic freedom 73.2 48.9
Economic freedom ranking 25/197 168/197
Property rights 89.8 25.7
Government integrity 64.7 26.3
Judicial effectiveness 92.1 27.6
Tax burden 78.8 78.2
Government spending 44.2 88.5
Fiscal health 82.5 10.1
Business freedom 76.8 54.4
Labor freedom 55.1 51.7
Monetary freedom 75 54.1
Trade freedom 79.4 70.4
Investment freedom 70 60
Financial freedom 70 40

Economic freedom comparison by year

Czech Republic
Pakistan
1x
Year Economic freedom index
Czech Republic Pakistan
2026 73.2 48.9
2025 72.9 49.1
2024 70.2 49.5
2023 71.9 49.4
2022 74.4 48.8
2021 73.8 51.7
2020 74.8 54.8
2019 73.7 55
2018 74.2 54.4
2017 73.3 52.8
2016 73.2 55.9
2015 72.5 55.6
2014 72.2 55.2
2013 70.9 55.1
2012 69.9 54.7
2011 70.4 55.1
2010 69.8 55.2
2009 69.4 57
2008 68.1 55.6
2007 67.4 57.2
2006 66.4 57.9
2005 64.6 53.3
2004 67 54.9
2003 67.5 55
2002 66.5 55.8
2001 70.2 56
2000 68.6 56.4
1999 69.7 53
1998 68.4 53.2
1997 68.8 56
1996 68.1 58.4
1995 67.8 57.6

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Pakistan
Services, % of GDP
60.2%
2024
50.7%
2024
Industry, % of GDP
29.2%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
23.7%
2024
GNI, Atlas method
$322B
2024
$358B
2024
GNI per capita, PPP
$54,800
2024
$6,100
2024
Total reserves including gold
$146B
2024
$18.4B
2024
Total reserves ranking
22/177
2024
63/177
2024
Net foreign direct investment
-$1.87B
2024
-$2.58B
2024
Net inflows of foreign direct investment
$13.1B
2024
$2.66B
2024
Net outflows of foreign direct investment
$11.2B
2024
$84M
2024
Servicing debt to the IMF, % of GNI n/a
4.5%
2024
Poverty at national poverty lines
10.2%
2021
21.9%
2018
Gross capital formation, % of GDP
26.3%
2024
13.2%
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/pakistan | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.