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Economy of Czech Republic vs Switzerland compared: GDP & Debt

Updated on by Georank

The Czech Republic has a GDP of $391B compared to $1.04T for Switzerland, ranking 42/197 and 20/197 by economy size, respectively.

The Czech Republic has $174B in government debt (44.6% of GDP), compared to $411B (39.4% of GDP) in Switzerland.

Czech Republic vs Switzerland GDP by year

Czech Republic
Switzerland
1x
Year GDP, current $
Czech Republic Switzerland
2025 $391,026,962,800 $1,043,529,899,251
2024 $347,082,562,221 $969,919,786,395
2023 $345,059,295,660 $928,435,275,852
2022 $301,831,228,326 $858,479,038,994
2021 $290,972,714,482 $840,710,023,481
2020 $251,109,660,603 $756,096,180,222
2019 $256,794,209,029 $736,384,764,157
2018 $251,992,360,762 $740,766,531,454
2017 $221,563,575,696 $706,660,443,624
2016 $198,160,659,304 $698,607,778,795
2015 $189,107,698,562 $706,199,008,879
2014 $210,911,285,078 $741,168,119,617
2013 $213,024,360,541 $718,748,402,260
2012 $210,363,223,088 $697,882,536,677
2011 $231,429,378,717 $727,231,637,102
2010 $211,168,667,286 $609,999,593,542
2009 $206,971,882,705 $563,659,557,945
2008 $236,506,264,754 $574,703,945,157
2007 $190,040,702,287 $498,993,845,385
2006 $156,236,258,387 $448,364,681,767
2005 $137,264,185,596 $424,511,048,024
2004 $120,147,899,984 $409,012,909,530
2003 $100,435,924,705 $366,563,952,625
2002 $82,607,869,610 $313,930,961,761
2001 $68,135,304,464 $290,160,142,214
2000 $62,175,642,238 $282,327,351,966
1999 $65,586,562,605 $301,911,268,140
1998 $67,187,217,328 $306,907,741,068
1997 $62,539,765,163 $298,868,250,534
1996 $67,804,105,330 $345,373,647,249
1995 $60,572,381,311 $358,152,520,085
1994 $48,188,478,339 $305,916,331,798
1993 $41,155,654,032 $276,339,744,180
1992 $35,051,065,440 $284,139,428,246
1991 $30,071,014,282 $272,953,645,746
1990 $41,016,881,802 $269,768,238,555
1989 - $211,241,694,480
1988 - $218,788,504,066
1987 - $202,238,567,597
1986 - $161,487,171,049
1985 - $112,652,623,418
1984 - $111,104,641,869
1983 - $116,361,728,836
1982 - $116,776,899,473
1981 - $113,936,168,924
1980 - $124,404,609,417
1979 - $116,702,524,208
1978 - $103,821,687,919
1977 - $74,237,819,014
1976 - $69,508,364,538
1975 - $66,452,559,176
1974 - $57,963,469,607
1973 - $50,296,651,921
1972 - $37,399,508,287
1971 - $30,492,832,676
1970 - $25,374,750,743
1969 - $22,780,211,812
1968 - $21,024,203,656
1967 - $19,689,329,510
1966 - $18,290,928,227
1965 - $17,033,079,428
1964 - $16,071,715,835
1963 - $14,499,109,270
1962 - $13,185,384,691
1961 - $11,889,851,950
1960 - $10,569,129,806

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Czech Republic vs Switzerland by year

Czech Republic
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $35,917 - $114,769 -
2024 $31,828 $57,285 $107,702 $96,498
2023 $31,762 $55,761 $104,450 $95,142
2022 $28,282 $52,947 $97,809 $94,421
2021 $27,696 $47,796 $96,583 $81,001
2020 $23,473 $44,839 $87,530 $72,998
2019 $24,063 $45,614 $85,873 $73,732
2018 $23,706 $41,638 $87,002 $70,689
2017 $20,913 $39,346 $83,610 $68,194
2016 $18,754 $36,445 $83,432 $67,351
2015 $17,932 $34,093 $85,265 $65,265
2014 $20,038 $32,743 $90,512 $63,417
2013 $20,260 $31,013 $88,851 $61,656
2012 $20,014 $29,466 $87,270 $59,441
2011 $22,049 $29,237 $91,910 $57,494
2010 $20,160 $28,154 $77,956 $54,426
2009 $19,817 $27,713 $72,788 $52,999
2008 $22,775 $27,938 $75,148 $53,809
2007 $18,453 $26,268 $66,082 $50,928
2006 $15,259 $23,914 $59,910 $46,266
2005 $13,442 $22,115 $57,080 $41,525
2004 $11,783 $20,988 $55,350 $40,171
2003 $9,852 $19,604 $49,947 $38,732
2002 $8,101 $18,344 $43,094 $38,705
2001 $6,669 $17,709 $40,134 $37,819
2000 $6,063 $16,332 $39,298 $36,703
1999 $6,378 $15,494 $42,261 $34,743
1998 $6,527 $15,064 $43,166 $33,860
1997 $6,069 $14,911 $42,160 $32,736
1996 $6,573 $14,781 $48,838 $31,509
1995 $5,865 $13,957 $50,869 $30,842
1994 $4,663 $12,862 $43,741 $30,265
1993 $3,984 $12,242 $39,828 $29,495
1992 $3,397 $11,963 $41,327 $29,113
1991 $2,917 $11,768 $40,140 $28,792
1990 $3,969 $12,848 $40,171 $28,461
1989 - - $31,780 -
1988 - - $33,183 -
1987 - - $30,899 -
1986 - - $24,828 -
1985 - - $17,411 -
1984 - - $17,247 -
1983 - - $18,128 -
1982 - - $18,271 -
1981 - - $17,931 -
1980 - - $19,686 -
1979 - - $18,541 -
1978 - - $16,528 -
1977 - - $11,819 -
1976 - - $11,029 -
1975 - - $10,484 -
1974 - - $9,140 -
1973 - - $7,974 -
1972 - - $5,973 -
1971 - - $4,908 -
1970 - - $4,105 -
1969 - - $3,712 -
1968 - - $3,465 -
1967 - - $3,286 -
1966 - - $3,091 -
1965 - - $2,908 -
1964 - - $2,776 -
1963 - - $2,546 -
1962 - - $2,366 -
1961 - - $2,188 -
1960 - - $1,984 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Czech Republic's GDP per capita is $35,917, ranking 35/197, compared to $114,769 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Switzerland ranks 8th at $96,498.

Economic indicators

Czech Republic Switzerland
Gross domestic product
$391B
2025
$1.04T
2025
GDP rank
42/197
2025
20/197
2025
GDP growth
2.58%
2024-2025
1.3%
2024-2025
GDP per capita
$35,917
2025
$114,769
2025
GDP per capita rank
35/197
2025
5/197
2025
GDP per capita, PPP
$57,285
2024
$96,498
2024
GDP per capita PPP rank
35/197
2024
8/197
2024
Government debt
$174B
2025
$411B
2025
Debt-to-GDP ratio
44.6%
2025
39.4%
2025
Government debt per person
$16,026
2025
$45,239
2025
Government debt per person rank
42/185
2025
12/185
2025
Average annual personal income after taxes
$22,312
2026
$89,347
2026
Market capitalization of domestic companies
$55.4B
2025
$2.51T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires
11
2026
45
2026
Income share by richest 10%
21.5%
2023
26.6%
2022
Income share by poorest 10%
3.8%
2023
2.9%
2022
Government expenditure, % of GDP
43.5%
2025
31.2%
2025
Consumer prices inflation
2.46%
2024-2025
0.15%
2024-2025
Central bank interest rate
3.5%
2025
0%
2025
Unemployment rate
2.8%
2025
4.84%
2025
Population
10742283
9155878

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Czech Republic Switzerland
Government spending Government debt Government spending Government debt
2025 43.5% 44.6% 31.2% 39.4%
2024 42.9% 43.3% 31.3% 40.5%
2023 43.7% 42.2% 30.9% 37.3%
2022 43% 42.5% 30.5% 35.9%
2021 45% 40.7% 33.4% 39.7%
2020 46.3% 36.9% 36.3% 42.4%
2019 40.4% 29.6% 31.3% 38.8%
2018 40.1% 31.7% 31.1% 39%
2017 38.5% 33.8% 31.9% 41.1%
2016 39.4% 36.2% 31.9% 40.3%
2015 41.7% 39.5% 31.9% 41.4%
2014 42.3% 41.5% 31.5% 41.2%
2013 42.4% 44.1% 32% 41.2%
2012 44.4% 43.8% 31.1% 41.9%
2011 42.8% 39.4% 31% 41.2%
2010 43.2% 36.7% 30.9% 40.7%
2009 44.5% 33.4% 31.2% 42.4%
2008 40.9% 28.2% 29.6% 44.2%
2007 40.5% 27.3% 29% 44%
2006 41.5% 27.6% 30.1% 47.7%
2005 42.3% 27.7% 31.9% 54.1%
2004 42.2% 28.3% 32.6% 57.1%
2003 49% 28.1% 32.8% 56.2%
2002 44.4% 25.7% 33.6% 56.9%
2001 43.1% 22.6% 31.2% 50.5%
2000 40.6% 16.9% 31.9% 51.7%
1999 40.9% 15.1% 32.8% 52%
1998 41.6% 13.9% 32.3% 55.3%
1997 41.3% 12.1% 32.5% 52.9%
1996 41.4% 11.5% 32.5% 50.6%
1995 52.8% 13.5% 32% 49.3%
1994 - - 32% 46.4%
1993 - - 31.9% 43.7%
1992 - - 30.8% 38.9%
1991 - - 29% 34.6%
1990 - - 27.2% 32.8%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, the Czech Republic's government spending was $170B, accounting for 43.5% of its GDP, while Switzerland spent $326B, or 31.2% of GDP.

Debt-to-GDP ratio is 44.6% in the Czech Republic and 39.4% in Switzerland, ranking 119/185 and 136/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Switzerland
1x
Year Deficit/surplus, % of GDP
Czech Republic Switzerland
2025 -2.03% 0.45%
2024 -2.03% 0.53%
2023 -3.73% 0.12%
2022 -3.07% 1.15%
2021 -4.95% -0.28%
2020 -5.65% -2.96%
2019 0.28% 1.31%
2018 0.88% 1.26%
2017 1.46% 1.11%
2016 0.68% 0.23%
2015 -0.67% 0.54%
2014 -2.09% -0.24%
2013 -1.3% -0.42%
2012 -3.92% 0.23%
2011 -2.71% 0.67%
2010 -4.14% 0.35%
2009 -5.46% 0.49%
2008 -2% 1.91%
2007 -0.68% 1.55%
2006 -2.19% 0.83%
2005 -3.06% -0.64%
2004 -2.4% -1.37%
2003 -6.87% -1.34%
2002 -6.34% -1.72%
2001 -5.76% 0.2%
2000 -3.55% 0.28%
1999 -3.08% -1.55%
1998 -4.14% -1.29%
1997 -3.14% -2.3%
1996 -2.98% -1.98%
1995 -12.3% -1.83%
1994 - -2.55%
1993 - -3.1%
1992 - -2.92%
1991 - -1.82%
1990 - -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/czech-republic/switzerland | 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 Switzerland's surplus of $4.71B, or 0.45% of GDP.

Over the past 31 years, the Czech Republic recorded a fiscal deficit in 27 of those years, while Switzerland ran a deficit in 13 years. On average, the Czech Republic posted an annual deficit equal to 3.13% of GDP, compared to deficit of 0.15% of GDP for Switzerland.

Inflation comparison by year

Inflation
Czech Republic

Switzerland
1x
Year Consumer prices inflation
Czech Republic Switzerland
2025 2.46% 0.15%
2024 2.44% 1.06%
2023 10.7% 2.14%
2022 15.1% 2.84%
2021 3.84% 0.58%
2020 3.16% -0.73%
2019 2.85% 0.36%
2018 2.15% 0.94%
2017 2.45% 0.53%
2016 0.68% -0.43%
2015 0.31% -1.14%
2014 0.34% -0.01%
2013 1.44% -0.22%
2012 3.29% -0.69%
2011 1.92% 0.23%
2010 1.47% 0.69%
2009 1.02% -0.48%
2008 6.36% 2.43%
2007 2.85% 0.73%
2006 2.53% 1.06%
2005 1.86% 1.17%
2004 2.76% 0.8%
2003 0.12% 0.64%
2002 1.9% 0.64%
2001 4.66% 0.99%
2000 3.78% 1.56%
1999 2.14% 0.81%
1998 10.7% 0.02%
1997 8.6% 0.52%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, the Czech Republic has recorded an average annual inflation rate of 3.58%, compared with 0.59% in Switzerland. In 2025, inflation was 2.46% in the Czech Republic and 0.15% in Switzerland.

Top exports between countries

Czech Republic
Export category Export value
Machinery & equipment $2.67B
Business & finance services $918M
Manufacturing & construction services $780M
IT & IP services $487M
Chemicals & pharma $416M
Metals $324M
Textiles & consumer goods $304M
Transport & tourism services $279M
Raw materials & minerals $163M
Wood & paper products $159M
Switzerland
Export category Export value
Chemicals & pharma $1.18B
Machinery & equipment $884M
IT & IP services $303M
Precious metals & jewellery $191M
Metals $170M
Transport & tourism services $123M
Business & finance services $113M
Raw agricultural goods $61.1M
Textiles & consumer goods $60.2M
Wood & paper products $54.6M

Balance of trade

Czech Republic Switzerland
Current account balance
$2.44B
2025
$72.9B
2025
Current account balance ranking
41/190
2025
11/190
2025
Current account balance, % of GDP
+0.62%
2025
+6.98%
2025
Goods imports
$197B
2025
$508B
2025
Goods exports
$215B
2025
$617B
2025
Service imports
$42.9B
2025
$214B
2025
Service exports
$47.5B
2025
$195B
2025
Imports of goods and services, % of GDP
61.1%
2025
69.1%
2025
Exports of goods and services, % of GDP
66.9%
2025
78.1%
2025

Economic freedom indices

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

Czech Republic Switzerland
Economic freedom 73.2 83.7
Economic freedom ranking 25/197 2/197
Property rights 89.8 94.4
Government integrity 64.7 93.3
Judicial effectiveness 92.1 98.3
Tax burden 78.8 70.9
Government spending 44.2 69.5
Fiscal health 82.5 97.2
Business freedom 76.8 86.3
Labor freedom 55.1 60
Monetary freedom 75 82.3
Trade freedom 79.4 87
Investment freedom 70 85
Financial freedom 70 80

Economic freedom comparison by year

Czech Republic
Switzerland
1x
Year Economic freedom index
Czech Republic Switzerland
2026 73.2 83.7
2025 72.9 83.7
2024 70.2 83
2023 71.9 83.8
2022 74.4 84.2
2021 73.8 81.9
2020 74.8 82
2019 73.7 81.9
2018 74.2 81.7
2017 73.3 81.5
2016 73.2 81
2015 72.5 80.5
2014 72.2 81.6
2013 70.9 81
2012 69.9 81.1
2011 70.4 81.9
2010 69.8 81.1
2009 69.4 79.4
2008 68.1 79.5
2007 67.4 78
2006 66.4 78.9
2005 64.6 79.3
2004 67 79.5
2003 67.5 79
2002 66.5 79.3
2001 70.2 76
2000 68.6 76.8
1999 69.7 79.1
1998 68.4 79
1997 68.8 78.6
1996 68.1 76.8
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 83.7 for Switzerland, ranking 2/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Switzerland
Services, % of GDP
60.8%
2025
71.7%
2025
Industry, % of GDP
28.7%
2025
25%
2025
Agriculture, forestry, and fishing, % of GDP
1.95%
2025
0.64%
2025
GNI, Atlas method
$359B
2025
$1T
2025
GNI per capita, PPP
$57,870
2025
$101,690
2025
Total reserves including gold
$176B
2025
$1.08T
2025
Total reserves ranking
21/177
2025
4/177
2025
Net foreign direct investment
-$1.88B
2025
$37.6B
2025
Net inflows of foreign direct investment
$13.5B
2024
-$108B
2024
Net outflows of foreign direct investment
$12.9B
2024
-$27.9B
2024
Poverty at national poverty lines
10.2%
2021
15.8%
2021
Gross capital formation, % of GDP
26.8%
2025
29.5%
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/switzerland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, 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.