Skip to content

Economy of Czech Republic vs Seychelles compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $2.17B for the Seychelles, ranking 44/197 and 178/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $1.25B (57.6% of GDP) in the Seychelles.

Czech Republic vs Seychelles GDP by year

Czech Republic
Seychelles
1x
Year GDP, current $
Czech Republic Seychelles
2024 $347,034,062,928 $2,167,239,562
2023 $345,059,295,660 $2,187,379,755
2022 $301,831,228,326 $2,018,346,589
2021 $290,972,714,482 $1,487,173,795
2020 $251,109,660,603 $1,382,551,752
2019 $256,794,209,029 $1,868,690,097
2018 $251,992,360,762 $1,784,313,927
2017 $221,563,575,696 $1,675,370,641
2016 $198,160,659,304 $1,568,513,348
2015 $189,107,698,562 $1,432,403,352
2014 $210,911,285,078 $1,387,577,870
2013 $213,024,360,541 $1,333,160,407
2012 $210,363,223,088 $1,089,407,839
2011 $231,429,378,717 $1,058,918,707
2010 $211,168,667,286 $981,616,542
2009 $206,971,882,705 $850,901,620
2008 $236,506,264,754 $979,597,394
2007 $190,040,702,287 $1,077,308,814
2006 $156,236,258,387 $1,081,441,283
2005 $137,264,185,596 $977,899,382
2004 $120,147,899,984 $893,012,218
2003 $100,435,924,705 $750,847,230
2002 $82,607,869,610 $742,134,838
2001 $68,135,304,464 $662,064,156
2000 $62,175,642,238 $654,212,394
1999 $65,586,562,605 $662,838,615
1998 $67,187,217,328 $647,287,376
1997 $62,539,765,163 $598,966,982
1996 $67,804,105,330 $535,250,347
1995 $60,572,381,311 $540,733,048
1994 $48,188,478,339 $517,570,058
1993 $41,155,654,032 $504,230,621
1992 $35,051,065,440 $461,409,399
1991 $30,071,014,282 $398,307,170
1990 $41,016,881,802 $392,163,561
1989 - $324,333,367
1988 - $301,985,618
1987 - $265,212,957
1986 - $221,147,061
1985 - $179,691,483
1984 - $160,992,921
1983 - $156,098,237
1982 - $157,211,790
1981 - $163,750,728
1980 - $156,783,830
1979 - $127,261,099
1978 - $85,552,366
1977 - $64,526,401
1976 - $49,278,982
1975 - $47,803,146
1974 - $43,134,496
1973 - $36,896,280
1972 - $30,645,123
1971 - $21,965,951
1970 - $18,432,032
1969 - $16,452,028
1968 - $16,074,028
1967 - $16,632,032
1966 - $16,443,034
1965 - $15,603,032
1964 - $15,393,032
1963 - $13,923,029
1962 - $12,642,026
1961 - $11,592,024
1960 - $12,012,025

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

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

GDP per capita in Czech Republic vs Seychelles by year

Czech Republic
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $17,859 $33,239
2023 $31,762 $55,761 $18,263 $31,781
2022 $28,282 $52,947 $16,837 $29,973
2021 $27,696 $47,796 $14,983 $29,980
2020 $23,473 $44,839 $14,041 $31,056
2019 $24,063 $45,614 $19,142 $34,219
2018 $23,706 $41,638 $18,440 $32,091
2017 $20,913 $39,346 $17,480 $30,675
2016 $18,754 $36,445 $16,567 $28,811
2015 $17,932 $34,093 $15,333 $25,435
2014 $20,038 $32,743 $15,188 $24,985
2013 $20,260 $31,013 $14,821 $22,487
2012 $20,014 $29,466 $12,337 $22,264
2011 $22,049 $29,237 $12,110 $21,781
2010 $20,160 $28,154 $10,935 $18,982
2009 $19,817 $27,713 $9,747 $18,453
2008 $22,775 $27,938 $11,265 $18,881
2007 $18,453 $26,268 $12,669 $19,473
2006 $15,259 $23,914 $12,783 $17,503
2005 $13,442 $22,115 $11,802 $15,846
2004 $11,783 $20,988 $10,828 $14,160
2003 $9,852 $19,604 $9,070 $14,142
2002 $8,101 $18,344 $8,864 $14,570
2001 $6,669 $17,709 $8,153 $14,615
2000 $6,063 $16,332 $8,064 $14,638
1999 $6,378 $15,494 $8,243 $13,853
1998 $6,527 $15,064 $8,210 $13,675
1997 $6,069 $14,911 $7,747 $13,458
1996 $6,573 $14,781 $7,004 $11,931
1995 $5,865 $13,957 $7,181 $10,809
1994 $4,663 $12,862 $6,975 $10,692
1993 $3,984 $12,242 $6,979 $11,020
1992 $3,397 $11,963 $6,520 $10,243
1991 $2,917 $11,768 $5,655 $9,387
1990 $3,969 $12,848 $5,642 $8,955
1989 - - $4,689 -
1988 - - $4,392 -
1987 - - $3,872 -
1986 - - $3,368 -
1985 - - $2,754 -
1984 - - $2,488 -
1983 - - $2,426 -
1982 - - $2,441 -
1981 - - $2,557 -
1980 - - $2,478 -
1979 - - $2,030 -
1978 - - $1,377 -
1977 - - $1,044 -
1976 - - $814 -
1975 - - $806 -
1974 - - $745 -
1973 - - $649 -
1972 - - $547 -
1971 - - $402 -
1970 - - $344 -
1969 - - $314 -
1968 - - $314 -
1967 - - $333 -
1966 - - $338 -
1965 - - $328 -
1964 - - $332 -
1963 - - $308 -
1962 - - $287 -
1961 - - $270.3 -
1960 - - $288.1 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $17,859 in the Seychelles, ranking 63/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while the Seychelles ranks 67th at $33,239.

Economic indicators

Czech Republic Seychelles
Gross domestic product
$347B
2024
$2.17B
2024
GDP rank
44/197
2024
178/197
2024
GDP growth
1.23%
2023-2024
3.47%
2023-2024
GDP per capita
$31,823
2024
$17,859
2024
GDP per capita rank
39/197
2024
63/197
2024
GDP per capita, PPP
$57,285
2024
$33,239
2024
GDP per capita PPP rank
35/197
2024
67/197
2024
Government debt
$150B
2024
$1.25B
2024
Debt-to-GDP ratio
43.3%
2024
57.6%
2024
Government debt per person
$13,792
2024
$10,288
2024
Government debt per person rank
43/185
2024
57/185
2024
Average annual personal income after taxes
$22,139
2026
$10,944
2026
Market capitalization of domestic companies
$34.6B
2024
$811M
2024
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
23.9%
2018
Income share by poorest 10%
3.8%
2023
2.6%
2018
Government expenditure, % of GDP
42.8%
2024
33.8%
2024
Consumer prices inflation
2.44%
2023-2024
0.31%
2023-2024
Central bank interest rate
3.5%
2025
1.75%
2024
Unemployment rate
2.6%
2024
2.59%
2024
Population
10649126
126311

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Czech Republic Seychelles
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 33.8% 57.6%
2023 43.7% 42.2% 32.9% 55.3%
2022 43% 42.5% 31.3% 60%
2021 45% 40.7% 38.8% 71%
2020 46.3% 36.9% 46.7% 77.4%
2019 40.4% 29.6% 31.7% 48.9%
2018 40.1% 31.7% 33% 51.3%
2017 38.5% 33.8% 34.3% 56.7%
2016 39.4% 36.2% 34.5% 62.8%
2015 41.7% 39.5% 31.5% 64.7%
2014 42.3% 41.5% 33.4% 70.4%
2013 42.4% 44.1% 37.8% 68.2%
2012 44.4% 43.8% 38.6% 80.1%
2011 42.8% 39.4% 36.4% 82.5%
2010 43.2% 36.7% 34.6% 82.2%
2009 44.5% 33.4% 32.1% 106.1%
2008 40.9% 28.2% 27% 192.1%
2007 40.5% 27.3% 41.9% 144%
2006 41.5% 27.6% 43.6% 135.1%
2005 42.3% 27.7% 39% 144.1%
2004 42.2% 28.3% 39.9% 163.2%
2003 49% 28.1% 44.6% 177%
2002 44.4% 25.7% 56.3% 195.9%
2001 43.1% 22.6% 46.8% 199.8%
2000 40.6% 16.9% 55.4% 177.8%
1999 40.9% 15.1% 56.1% 159.8%
1998 41.6% 13.9% 60.7% 161.2%
1997 41.3% 12.1% 54.7% 143%
1996 41.4% 11.5% 59.1% 146.7%
1995 52.8% 13.5% 53.1% 133.5%
1994 - - 63.6% 123.5%
1993 - - 60.4% 82.2%
1992 - - 50.7% 79.9%
1991 - - 52.1% 89.2%
1990 - - 46.1% 80.4%
1989 - - 51.7% 39.9%
1988 - - 46.7% 41.3%
1987 - - 49.7% 37%
1986 - - 58% 31.5%
1985 - - 53% 26.5%
1984 - - 50.5% 15.3%
1983 - - 47.9% 12.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while the Seychelles spent $732M, or 33.8% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 57.6% in the Seychelles, ranking 124/185 and 85/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Seychelles
1x
Year Deficit/surplus, % of GDP
Czech Republic Seychelles
2024 -1.99% -0.69%
2023 -3.73% -1.14%
2022 -3.07% -0.76%
2021 -4.95% -5.76%
2020 -5.65% -15.7%
2019 0.28% 0.42%
2018 0.88% -0.8%
2017 1.46% -1.67%
2016 0.68% 0.02%
2015 -0.67% 1.39%
2014 -2.09% 2.87%
2013 -1.3% 0.33%
2012 -3.92% 2.93%
2011 -2.71% 3.36%
2010 -4.14% 0.52%
2009 -5.46% 4.84%
2008 -2% 7.88%
2007 -0.68% -9.93%
2006 -2.19% -2.54%
2005 -3.06% 0.42%
2004 -2.4% 0.44%
2003 -6.87% 3.4%
2002 -6.34% -16.3%
2001 -5.76% -8.93%
2000 -3.55% -14.7%
1999 -3.08% -10.3%
1998 -4.14% -16.7%
1997 -3.14% -5.91%
1996 -2.98% -9.69%
1995 -12.3% -2.58%
1994 - -6.95%
1993 - -3.62%
1992 - 6.44%
1991 - 3.15%
1990 - 11.9%
1989 - 8.26%
1988 - 11.8%
1987 - 2.77%
1986 - -10.1%
1985 - -4.86%
1984 - -6.09%
1983 - -3.13%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-02-20).

GeoRank.org/economy/czech-republic/seychelles | 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 the Seychelles' deficit of $15M, or 0.69% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while the Seychelles ran a deficit in 17 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 3.18% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Czech Republic

Seychelles
1x
Year Consumer prices inflation
Czech Republic Seychelles
2024 2.44% 0.31%
2023 10.7% -1.04%
2022 15.1% 2.63%
2021 3.84% 9.77%
2020 3.16% 1.2%
2019 2.85% 1.81%
2018 2.15% 3.7%
2017 2.45% 2.86%
2016 0.68% -1.02%
2015 0.31% 4.04%
2014 0.34% 1.39%
2013 1.44% 4.34%
2012 3.29% 7.11%
2011 1.92% 2.56%
2010 1.47% -2.4%
2009 1.02% 31.8%
2008 6.36% 37%
2007 2.85% 5.32%
2006 2.53% -0.35%
2005 1.86% 0.91%
2004 2.76% 3.86%
2003 0.12% 3.3%
2002 1.9% 0.18%
2001 4.66% 5.97%
2000 3.78% 6.27%
1999 2.14% 6.35%
1998 10.7% 2.58%
1997 8.6% 0.62%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 5.03% in the Seychelles. In 2024, inflation was 2.44% in the Czech Republic and 0.31% in the Seychelles.

Top exports between countries

Czech Republic
Export category Export value
Chemicals & pharma $247K
Machinery & equipment $125K
Miscellaneous $105K
Textiles & consumer goods $104K
Processed food, beverages & tobacco $89K
Metals $28K
Animal & marine products $15K
Raw materials & minerals $13K
Weapons & explosives $6K
Wood & paper products $4K
Seychelles
Export category Export value
Machinery & equipment $132K
Processed food, beverages & tobacco $89K
Animal & marine products $8K

Balance of trade

Czech Republic Seychelles
Current account balance
$6.05B
2024
-$176M
2024
Current account balance ranking
31/190
2024
97/190
2024
Current account balance, % of GDP
+1.74%
2024
-8.11%
2024
Goods imports
$179B
2024
$1.39B
2024
Goods exports
$197B
2024
$595M
2024
Service imports
$38B
2024
$1B
2024
Service exports
$42.5B
2024
$1.71B
2024
Imports of goods and services, % of GDP
62.6%
2024
103.2%
2024
Exports of goods and services, % of GDP
68.9%
2024
85.2%
2024

Economic freedom indices

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

Czech Republic Seychelles
Economic freedom 73.2 66.5
Economic freedom ranking 25/197 60/197
Property rights 89.8 82.6
Government integrity 64.7 71.7
Judicial effectiveness 92.1 61.7
Tax burden 78.8 77.3
Government spending 44.2 68
Fiscal health 82.5 92.2
Business freedom 76.8 71.3
Labor freedom 55.1 52
Monetary freedom 75 79.8
Trade freedom 79.4 81.2
Investment freedom 70 30
Financial freedom 70 30

Economic freedom comparison by year

Czech Republic
Seychelles
1x
Year Economic freedom index
Czech Republic Seychelles
2026 73.2 66.5
2025 72.9 66.4
2024 70.2 60.4
2023 71.9 59.5
2022 74.4 61.1
2021 73.8 66.3
2020 74.8 64.3
2019 73.7 61.4
2018 74.2 61.6
2017 73.3 61.8
2016 73.2 62.2
2015 72.5 57.5
2014 72.2 56.2
2013 70.9 54.9
2012 69.9 53
2011 70.4 51.2
2010 69.8 47.9
2009 69.4 47.8
2008 68.1 -
2007 67.4 -
2006 66.4 -
2005 64.6 -
2004 67 -
2003 67.5 -
2002 66.5 -
2001 70.2 -
2000 68.6 -
1999 69.7 -
1998 68.4 -
1997 68.8 -
1996 68.1 -
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Seychelles
Services, % of GDP
60.2%
2024
65.8%
2024
Industry, % of GDP
29.2%
2024
12.3%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
2.45%
2024
GNI, Atlas method
$322B
2024
$2.12B
2024
GNI per capita, PPP
$54,800
2024
$32,180
2024
Total reserves including gold
$146B
2024
$774M
2024
Total reserves ranking
22/177
2024
145/177
2024
Net foreign direct investment
-$1.87B
2024
-$262M
2024
Net inflows of foreign direct investment
$13.1B
2024
$226M
2024
Net outflows of foreign direct investment
$11.2B
2024
-$35.4M
2024
Poverty at national poverty lines
10.2%
2021
25.3%
2018
Gross capital formation, % of GDP
26.3%
2024
17.2%
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/seychelles | 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 (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. International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2024, 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.

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.