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Economy of Czech Republic vs Slovenia compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $73B for Slovenia, ranking 44/197 and 86/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Czech Republic vs Slovenia GDP by year

Czech Republic
Slovenia
1x
Year GDP, current $
Czech Republic Slovenia
2024 $347,034,062,928 $72,972,015,197
2023 $345,059,295,660 $69,255,264,238
2022 $301,831,228,326 $59,899,117,741
2021 $290,972,714,482 $61,540,813,362
2020 $251,109,660,603 $53,384,760,135
2019 $256,794,209,029 $53,909,922,736
2018 $251,992,360,762 $53,689,067,640
2017 $221,563,575,696 $48,153,200,135
2016 $198,160,659,304 $44,290,685,824
2015 $189,107,698,562 $42,709,468,275
2014 $210,911,285,078 $49,514,466,380
2013 $213,024,360,541 $47,867,056,859
2012 $210,363,223,088 $46,167,053,954
2011 $231,429,378,717 $51,199,194,599
2010 $211,168,667,286 $47,793,117,241
2009 $206,971,882,705 $49,975,540,955
2008 $236,506,264,754 $55,509,332,322
2007 $190,040,702,287 $47,880,266,543
2006 $156,236,258,387 $39,260,368,837
2005 $137,264,185,596 $35,947,936,824
2004 $120,147,899,984 $34,156,553,313
2003 $100,435,924,705 $29,360,575,032
2002 $82,607,869,610 $23,214,593,516
2001 $68,135,304,464 $20,668,868,707
2000 $62,175,642,238 $20,159,190,702
1999 $65,586,562,605 $22,609,669,084
1998 $67,187,217,328 $22,058,635,314
1997 $62,539,765,163 $20,726,878,752
1996 $67,804,105,330 $21,470,699,363
1995 $60,572,381,311 $21,367,422,159
1994 $48,188,478,339 $16,400,767,070
1993 $41,155,654,032 $14,449,298,372
1992 $35,051,065,440 $14,277,261,541
1991 $30,071,014,282 $14,454,495,059
1990 $41,016,881,802 $19,832,029,087

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Czech Republic vs Slovenia by year

Czech Republic
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 $34,301 $57,186
2023 $31,762 $55,761 $32,660 $56,064
2022 $28,282 $52,947 $28,360 $52,347
2021 $27,696 $47,796 $29,193 $45,914
2020 $23,473 $44,839 $25,392 $41,767
2019 $24,063 $45,614 $25,814 $42,373
2018 $23,706 $41,638 $25,888 $38,620
2017 $20,913 $39,346 $23,303 $36,180
2016 $18,754 $36,445 $21,448 $33,575
2015 $17,932 $34,093 $20,697 $31,336
2014 $20,038 $32,743 $24,013 $30,572
2013 $20,260 $31,013 $23,237 $29,634
2012 $20,014 $29,466 $22,442 $28,787
2011 $22,049 $29,237 $24,941 $28,716
2010 $20,160 $28,154 $23,330 $27,579
2009 $19,817 $27,713 $24,502 $27,229
2008 $22,775 $27,938 $27,462 $29,461
2007 $18,453 $26,268 $23,725 $27,468
2006 $15,259 $23,914 $19,563 $25,571
2005 $13,442 $22,115 $17,970 $23,682
2004 $11,783 $20,988 $17,104 $22,588
2003 $9,852 $19,604 $14,712 $20,916
2002 $8,101 $18,344 $11,639 $20,004
2001 $6,669 $17,709 $10,376 $18,763
2000 $6,063 $16,332 $10,136 $17,892
1999 $6,378 $15,494 $11,401 $17,007
1998 $6,527 $15,064 $11,132 $15,994
1997 $6,069 $14,911 $10,437 $15,257
1996 $6,573 $14,781 $10,797 $14,284
1995 $5,865 $13,957 $10,738 $13,637
1994 $4,663 $12,862 $8,244 $13,975
1993 $3,984 $12,242 $7,255 $12,976
1992 $3,397 $11,963 $7,151 $12,296
1991 $2,917 $11,768 $7,229 $12,698
1990 $3,969 $12,848 $9,925 $13,491

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Slovenia ranks 37th at $57,186.

Economic indicators

Czech Republic Slovenia
Gross domestic product
$347B
2024
$73B
2024
GDP rank
44/197
2024
86/197
2024
GDP growth
1.23%
2023-2024
1.73%
2023-2024
GDP per capita
$31,823
2024
$34,301
2024
GDP per capita rank
39/197
2024
34/197
2024
GDP per capita, PPP
$57,285
2024
$57,186
2024
GDP per capita PPP rank
35/197
2024
37/197
2024
Government debt
$150B
2024
$48.6B
2024
Debt-to-GDP ratio
43.3%
2024
66.6%
2024
Government debt per person
$13,792
2024
$22,842
2024
Government debt per person rank
43/185
2024
29/185
2024
Average annual personal income after taxes
$22,139
2026
$22,215
2026
Market capitalization of domestic companies
$34.6B
2024
$11.4B
2024
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
20.6%
2023
Income share by poorest 10%
3.8%
2023
4.1%
2023
Government expenditure, % of GDP
42.8%
2024
46.5%
2024
Consumer prices inflation
2.44%
2023-2024
1.97%
2023-2024
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
3.7%
2024
Population
10649126
2124138

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Czech Republic Slovenia
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% 46.5% 66.6%
2023 43.7% 42.2% 46.4% 68.3%
2022 43% 42.5% 47.7% 72.8%
2021 45% 40.7% 49.9% 74.8%
2020 46.3% 36.9% 51.8% 80.2%
2019 40.4% 29.6% 43.8% 66%
2018 40.1% 31.7% 44.1% 71%
2017 38.5% 33.8% 44.6% 74.9%
2016 39.4% 36.2% 46.9% 79.4%
2015 41.7% 39.5% 49.5% 83.4%
2014 42.3% 41.5% 50.6% 81.1%
2013 42.4% 44.1% 57.7% 70.8%
2012 44.4% 43.8% 50% 54.1%
2011 42.8% 39.4% 51.4% 46.8%
2010 43.2% 36.7% 50.7% 38.6%
2009 44.5% 33.4% 50% 34.9%
2008 40.9% 28.2% 45.2% 21.9%
2007 40.5% 27.3% 43.5% 22.9%
2006 41.5% 27.6% 45.7% 26.2%
2005 42.3% 27.7% 46.7% 26.6%
2004 42.2% 28.3% 46.9% 27.1%
2003 49% 28.1% 47.6% 27%
2002 44.4% 25.7% 47.8% 27.7%
2001 43.1% 22.6% 49.2% 26.3%
2000 40.6% 16.9% 47.8% 26.1%
1999 40.9% 15.1% 47.2% 23.8%
1998 41.6% 13.9% 46.4% 22.8%
1997 41.3% 12.1% 45.4% 22.1%
1996 41.4% 11.5% 45.2% 21.6%
1995 52.8% 13.5% 53% 18.2%

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

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 66.6% in Slovenia, ranking 124/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Slovenia
1x
Year Deficit/surplus, % of GDP
Czech Republic Slovenia
2024 -1.99% -0.93%
2023 -3.73% -2.59%
2022 -3.07% -3.02%
2021 -4.95% -4.61%
2020 -5.65% -7.68%
2019 0.28% 0.68%
2018 0.88% 0.9%
2017 1.46% 0.05%
2016 0.68% -2%
2015 -0.67% -2.84%
2014 -2.09% -4.53%
2013 -1.3% -11.2%
2012 -3.92% -4.2%
2011 -2.71% -6.69%
2010 -4.14% -5.56%
2009 -5.46% -5.87%
2008 -2% -1.44%
2007 -0.68% -0.08%
2006 -2.19% -1.26%
2005 -3.06% -1.38%
2004 -2.4% -1.98%
2003 -6.87% -2.66%
2002 -6.34% -2.47%
2001 -5.76% -4.58%
2000 -3.55% -3.77%
1999 -3.08% -3.04%
1998 -4.14% -2.39%
1997 -3.14% -2.37%
1996 -2.98% -1.16%
1995 -12.3% -8.19%

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

GeoRank.org/economy/czech-republic/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, the Czech Republic recorded a fiscal deficit in 26 of those years, while Slovenia ran a deficit in 27 years. On average, the Czech Republic posted an annual deficit equal to 3.16% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Czech Republic

Slovenia
1x
Year Consumer prices inflation
Czech Republic Slovenia
2024 2.44% 1.97%
2023 10.7% 7.45%
2022 15.1% 8.83%
2021 3.84% 1.92%
2020 3.16% -0.05%
2019 2.85% 1.63%
2018 2.15% 1.74%
2017 2.45% 1.43%
2016 0.68% -0.05%
2015 0.31% -0.53%
2014 0.34% 0.2%
2013 1.44% 1.77%
2012 3.29% 2.6%
2011 1.92% 1.8%
2010 1.47% 1.8%
2009 1.02% 0.84%
2008 6.36% 5.65%
2007 2.85% 3.66%
2006 2.53% 2.46%
2005 1.86% 2.45%
2004 2.76% 3.59%
2003 0.12% 5.54%
2002 1.9% 7.48%
2001 4.66% 8.38%
2000 3.78% 8.91%
1999 2.14% 6.16%
1998 10.7% 7.89%
1997 8.6% 8.36%

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

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

Over the past 28 years, the Czech Republic has recorded an average annual inflation rate of 3.62%, compared with 3.71% in Slovenia. In 2024, inflation was 2.44% in the Czech Republic and 1.97% in Slovenia.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $564M
Metals $162M
Chemicals & pharma $133M
Raw materials & minerals $125M
Wood & paper products $101M
Textiles & consumer goods $95.1M
Processed food, beverages & tobacco $75.9M
Transport & tourism services $63.9M
IT & IP services $54.4M
Business & finance services $30M
Slovenia
Export category Export value
Machinery & equipment $376M
Chemicals & pharma $256M
Metals $212M
Textiles & consumer goods $145M
Raw materials & minerals $90.3M
Transport & tourism services $52.6M
Processed food, beverages & tobacco $31.7M
Wood & paper products $25.6M
Business & finance services $17.8M
IT & IP services $9.19M

Balance of trade

Czech Republic Slovenia
Current account balance
$6.05B
2024
$3.32B
2024
Current account balance ranking
31/190
2024
37/190
2024
Current account balance, % of GDP
+1.74%
2024
+4.55%
2024
Goods imports
$179B
2024
$45.2B
2024
Goods exports
$197B
2024
$45.6B
2024
Service imports
$38B
2024
$9.52B
2024
Service exports
$42.5B
2024
$13.6B
2024
Imports of goods and services, % of GDP
62.6%
2024
74.7%
2024
Exports of goods and services, % of GDP
68.9%
2024
80.9%
2024

Economic freedom indices

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

Czech Republic Slovenia
Economic freedom 73.2 69.7
Economic freedom ranking 25/197 40/197
Property rights 89.8 87.6
Government integrity 64.7 66.1
Judicial effectiveness 92.1 91.6
Tax burden 78.8 55.5
Government spending 44.2 34.1
Fiscal health 82.5 83.5
Business freedom 76.8 78.7
Labor freedom 55.1 62.7
Monetary freedom 75 77.5
Trade freedom 79.4 79.4
Investment freedom 70 70
Financial freedom 70 50

Economic freedom comparison by year

Czech Republic
Slovenia
1x
Year Economic freedom index
Czech Republic Slovenia
2026 73.2 69.7
2025 72.9 68.3
2024 70.2 65.9
2023 71.9 68.5
2022 74.4 70.5
2021 73.8 68.3
2020 74.8 67.8
2019 73.7 65.5
2018 74.2 64.8
2017 73.3 59.2
2016 73.2 60.6
2015 72.5 60.3
2014 72.2 62.7
2013 70.9 61.7
2012 69.9 62.9
2011 70.4 64.6
2010 69.8 64.7
2009 69.4 62.9
2008 68.1 60.2
2007 67.4 59.6
2006 66.4 61.9
2005 64.6 59.6
2004 67 59.2
2003 67.5 57.7
2002 66.5 57.8
2001 70.2 61.8
2000 68.6 58.3
1999 69.7 61.3
1998 68.4 60.7
1997 68.8 55.6
1996 68.1 50.4
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Slovenia
Services, % of GDP
60.2%
2024
57.9%
2024
Industry, % of GDP
29.2%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
1.54%
2024
GNI, Atlas method
$322B
2024
$67.6B
2024
GNI per capita, PPP
$54,800
2024
$56,520
2024
Total reserves including gold
$146B
2024
$2.83B
2024
Total reserves ranking
22/177
2024
118/177
2024
Net foreign direct investment
-$1.87B
2024
-$405M
2024
Net inflows of foreign direct investment
$13.1B
2024
$1.87B
2024
Net outflows of foreign direct investment
$11.2B
2024
$1.46B
2024
Poverty at national poverty lines
10.2%
2021
12.7%
2022
Gross capital formation, % of GDP
26.3%
2024
21.5%
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/slovenia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, 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 (2023–2024, 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.

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.