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Economy of Czech Republic vs Syria compared: GDP & Debt

Updated on by Georank team

The Czech Republic has a GDP of $347B compared to $20B for Syria, ranking 44/197 and 129/197 by economy size, respectively.

The Czech Republic has $150B in government debt (43.3% of GDP), compared to $18.4B (30% of GDP) in Syria.

Czech Republic vs Syria GDP by year

Czech Republic
Syria
1x
Year GDP, current $
Czech Republic Syria
2024 $347,034,062,928 -
2023 $345,059,295,660 $19,993,439,950
2022 $301,831,228,326 $23,622,827,080
2021 $290,972,714,482 $14,353,205,678
2020 $251,109,660,603 $12,047,752,036
2019 $256,794,209,029 $22,583,045,060
2018 $251,992,360,762 $21,497,782,868
2017 $221,563,575,696 $16,369,843,352
2016 $198,160,659,304 $12,597,854,877
2015 $189,107,698,562 $16,466,863,117
2014 $210,911,285,078 $21,502,061,466
2013 $213,024,360,541 $21,361,254,635
2012 $210,363,223,088 $43,190,318,033
2011 $231,429,378,717 $67,539,428,159
2010 $211,168,667,286 $61,390,830,875
2009 $206,971,882,705 $54,111,735,629
2008 $236,506,264,754 $52,557,913,569
2007 $190,040,702,287 $40,465,318,382
2006 $156,236,258,387 $33,751,788,856
2005 $137,264,185,596 $28,858,965,517
2004 $120,147,899,984 $25,086,950,495
2003 $100,435,924,705 $21,828,144,686
2002 $82,607,869,610 $20,669,357,462
2001 $68,135,304,464 $20,237,024,725
2000 $62,175,642,238 $18,937,052,543
1999 $65,586,562,605 $15,873,875,969
1998 $67,187,217,328 $15,200,846,154
1997 $62,539,765,163 $14,505,233,463
1996 $67,804,105,330 $13,789,560,878
1995 $60,572,381,311 $11,396,706,587
1994 $48,188,478,339 $10,122,020,000
1993 $41,155,654,032 $13,695,962,055
1992 $35,051,065,440 $13,253,565,861
1991 $30,071,014,282 $12,981,833,333
1990 $41,016,881,802 $12,308,624,418
1989 - $9,853,395,762
1988 - $10,577,041,645
1987 - $11,356,215,543
1986 - $13,293,205,278
1985 - $16,403,539,893
1984 - $17,503,078,174
1983 - $17,589,277,143
1982 - $16,298,929,011
1981 - $15,518,201,335
1980 - $13,062,420,382
1979 - $9,929,681,529
1978 - $9,275,200,458
1977 - $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Czech Republic vs Syria by year

Czech Republic
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Czech Republic Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $31,823 $57,285 - -
2023 $31,762 $55,761 $847 $4,650
2022 $28,282 $52,947 $1,052 $4,772
2021 $27,696 $47,796 $664 $4,593
2020 $23,473 $44,839 $572 $3,738
2019 $24,063 $45,614 $1,110 $3,502
2018 $23,706 $41,638 $1,098 $3,456
2017 $20,913 $39,346 $852 $3,265
2016 $18,754 $36,445 $656 -
2015 $17,932 $34,093 $848 -
2014 $20,038 $32,743 $1,061 -
2013 $20,260 $31,013 $986 -
2012 $20,014 $29,466 $1,898 -
2011 $22,049 $29,237 $2,952 -
2010 $20,160 $28,154 $2,731 -
2009 $19,817 $27,713 $2,462 -
2008 $22,775 $27,938 $2,429 -
2007 $18,453 $26,268 $1,938 -
2006 $15,259 $23,914 $1,719 -
2005 $13,442 $22,115 $1,534 -
2004 $11,783 $20,988 $1,368 -
2003 $9,852 $19,604 $1,220 -
2002 $8,101 $18,344 $1,183 -
2001 $6,669 $17,709 $1,187 -
2000 $6,063 $16,332 $1,138 -
1999 $6,378 $15,494 $978 -
1998 $6,527 $15,064 $961 -
1997 $6,069 $14,911 $941 -
1996 $6,573 $14,781 $918 -
1995 $5,865 $13,957 $780 -
1994 $4,663 $12,862 $712 -
1993 $3,984 $12,242 $993 -
1992 $3,397 $11,963 $990 -
1991 $2,917 $11,768 $1,000 -
1990 $3,969 $12,848 $978 -
1989 - - $809 -
1988 - - $898 -
1987 - - $997 -
1986 - - $1,208 -
1985 - - $1,544 -
1984 - - $1,706 -
1983 - - $1,776 -
1982 - - $1,703 -
1981 - - $1,676 -
1980 - - $1,458 -
1979 - - $1,146 -
1978 - - $1,108 -
1977 - - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

The Czech Republic's GDP per capita is $31,823, ranking 39/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), the Czech Republic ranks 35th at $57,285, while Syria ranks 160th at $4,650.

Economic indicators

Czech Republic Syria
Gross domestic product
$347B
2024
$20B
2023
GDP rank
44/197
2024
129/197
2023
GDP growth
1.23%
2023-2024
-1.21%
2022-2023
GDP per capita
$31,823
2024
$847
2023
GDP per capita rank
39/197
2024
185/197
2023
GDP per capita, PPP
$57,285
2024
$4,650
2023
GDP per capita PPP rank
35/197
2024
160/197
2023
Government debt
$150B
2024
$18.4B
2010
Debt-to-GDP ratio
43.3%
2024
30%
2010
Government debt per person
$13,792
2024
$820
2010
Government debt per person rank
43/185
2024
148/185
2010
Average annual personal income after taxes
$22,139
2026
$730
2026
Market capitalization of domestic companies
$34.6B
2024
n/a
Number of billionaires
11
2025
n/a
Income share by richest 10%
21.5%
2023
21.1%
2022
Income share by poorest 10%
3.8%
2023
3.8%
2022
Government expenditure, % of GDP
42.8%
2024
28.6%
2010
Consumer prices inflation
2.44%
2023-2024
13.4%
2018-2019
Central bank interest rate
3.5%
2025
n/a
Unemployment rate
2.6%
2024
8.61%
2010
Population
10649126
26829400

Spending and national debt comparison by year

Czech Republic
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Czech Republic Syria
Government spending Government debt Government spending Government debt
2024 42.8% 43.3% - -
2023 43.7% 42.2% - -
2022 43% 42.5% - -
2021 45% 40.7% - -
2020 46.3% 36.9% - -
2019 40.4% 29.6% - -
2018 40.1% 31.7% - -
2017 38.5% 33.8% - -
2016 39.4% 36.2% - -
2015 41.7% 39.5% - -
2014 42.3% 41.5% - -
2013 42.4% 44.1% - -
2012 44.4% 43.8% - -
2011 42.8% 39.4% - -
2010 43.2% 36.7% 28.6% 30%
2009 44.5% 33.4% 26.7% 31.2%
2008 40.9% 28.2% 22.9% 37.3%
2007 40.5% 27.3% 25.7% 42.7%
2006 41.5% 27.6% 26.3% 45%
2005 42.3% 27.7% 28.2% 50.7%
2004 42.2% 28.3% 31.3% 113%
2003 49% 28.1% 32.6% 133.4%
2002 44.4% 25.7% 28.5% 132.4%
2001 43.1% 22.6% 28% 144.5%
2000 40.6% 16.9% 27.4% 152.1%
1999 40.9% 15.1% 28% 147.7%
1998 41.6% 13.9% 28.8% 151.2%
1997 41.3% 12.1% 29% 147.6%
1996 41.4% 11.5% 27.7% 141.5%
1995 52.8% 13.5% 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, the Czech Republic's government spending was $148B, accounting for 42.8% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 43.3% in the Czech Republic and 30% in Syria, ranking 124/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Czech Republic

Syria
1x
Year Deficit/surplus, % of GDP
Czech Republic Syria
2024 -1.99% -
2023 -3.73% -
2022 -3.07% -
2021 -4.95% -
2020 -5.65% -
2019 0.28% -
2018 0.88% -
2017 1.46% -
2016 0.68% -
2015 -0.67% -
2014 -2.09% -
2013 -1.3% -
2012 -3.92% -
2011 -2.71% -
2010 -4.14% -7.79%
2009 -5.46% -2.89%
2008 -2% -2.86%
2007 -0.68% -2.99%
2006 -2.19% -1.12%
2005 -3.06% -4.41%
2004 -2.4% -4.18%
2003 -6.87% -2.7%
2002 -6.34% -2.02%
2001 -5.76% 2.3%
2000 -3.55% -1.36%
1999 -3.08% -1.47%
1998 -4.14% -2.81%
1997 -3.14% -1.78%
1996 -2.98% -2.83%
1995 -12.3% -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2010, the Czech Republic's government deficit, the difference between spending and revenue, was $8.75B, equivalent to 4.14% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 16 years, the Czech Republic recorded a fiscal deficit in 16 of those years, while Syria ran a deficit in 15 years. On average, the Czech Republic posted an annual deficit equal to 4.25% of GDP, compared to deficit of 2.67% of GDP for Syria.

Inflation comparison by year

Inflation
Czech Republic

Syria
1x
Year Consumer prices inflation
Czech Republic Syria
2024 2.44% -
2023 10.7% -
2022 15.1% -
2021 3.84% -
2020 3.16% -
2019 2.85% 13.4%
2018 2.15% 0.94%
2017 2.45% 18.1%
2016 0.68% 47.7%
2015 0.31% 38.5%
2014 0.34% 10.9%
2013 1.44% 40%
2012 3.29% 36.7%
2011 1.92% 4.75%
2010 1.47% 4.4%
2009 1.02% 2.92%
2008 6.36% 15.7%
2007 2.85% 3.91%
2006 2.53% 10%
2005 1.86% 7.24%
2004 2.76% 4.43%
2003 0.12% 5.8%
2002 1.9% -0.13%
2001 4.66% 3%
2000 3.78% -3.85%
1999 2.14% -3.7%
1998 10.7% -0.8%
1997 8.6% 1.89%

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

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

Over the past 23 years, the Czech Republic has recorded an average annual inflation rate of 2.88%, compared with 11.4% in Syria. In 2019, inflation was 2.44% in the Czech Republic and 13.4% in Syria.

Top exports between countries

Czech Republic
Export category Export value
Animal & marine products $2.3M
Raw agricultural goods $829K
Machinery & equipment $432K
Chemicals & pharma $365K
Textiles & consumer goods $303K
Raw materials & minerals $18K
Metals $9K
Wood & paper products $4K
Precious metals & jewellery $3K
Processed food, beverages & tobacco $1K
Syria
Export category Export value
Machinery & equipment $97K
Textiles & consumer goods $36K
Processed food, beverages & tobacco $10K
Chemicals & pharma $4K
Metals $2K
Miscellaneous $1K
Raw materials & minerals $1K

Balance of trade

Czech Republic Syria
Current account balance
$6.05B
2024
-$367M
2010
Current account balance ranking
31/190
2024
103/190
2010
Current account balance, % of GDP
+1.74%
2024
-0.6%
2010
Goods imports
$179B
2024
$15.9B
2010
Goods exports
$197B
2024
$12.3B
2010
Service imports
$38B
2024
$3.53B
2010
Service exports
$42.5B
2024
$7.33B
2010
Imports of goods and services, % of GDP
62.6%
2024
28.8%
2022
Exports of goods and services, % of GDP
68.9%
2024
6.81%
2022

Economic freedom indices

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

Czech Republic Syria
Economic freedom 73.2 51.2
Economic freedom ranking 25/197 155/197
Property rights 89.8 4
Government integrity 64.7 3.6
Judicial effectiveness 92.1 3.7
Tax burden 78.8 87.3
Government spending 44.2 78.5
Fiscal health 82.5 13.8
Business freedom 76.8 33.8
Labor freedom 55.1 37.2
Monetary freedom 75 80
Trade freedom 79.4 47
Investment freedom 70 0
Financial freedom 70 20

Economic freedom comparison by year

Czech Republic
Syria
1x
Year Economic freedom index
Czech Republic Syria
2026 73.2 -
2025 72.9 -
2024 70.2 -
2023 71.9 -
2022 74.4 -
2021 73.8 -
2020 74.8 -
2019 73.7 -
2018 74.2 -
2017 73.3 -
2016 73.2 -
2015 72.5 -
2014 72.2 -
2013 70.9 -
2012 69.9 51.2
2011 70.4 51.3
2010 69.8 49.4
2009 69.4 51.3
2008 68.1 47.2
2007 67.4 48.3
2006 66.4 51.2
2005 64.6 46.3
2004 67 40.6
2003 67.5 41.3
2002 66.5 36.3
2001 70.2 36.6
2000 68.6 37.2
1999 69.7 39
1998 68.4 42.2
1997 68.8 43
1996 68.1 42.3
1995 67.8 -

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

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

The Economic Freedom Index for the Czech Republic is 73.2, ranking 25/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Czech Republic Syria
Services, % of GDP
60.2%
2024
44.9%
2022
Industry, % of GDP
29.2%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
1.9%
2024
43.1%
2022
GNI, Atlas method
$322B
2024
$18.2B
2023
GNI per capita, PPP
$54,800
2024
$4,480
2023
Total reserves including gold
$146B
2024
$20.6B
2010
Total reserves ranking
22/177
2024
62/177
2010
Net foreign direct investment
-$1.87B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$13.1B
2024
$0
2024
Net outflows of foreign direct investment
$11.2B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.15%
2023
Poverty at national poverty lines
10.2%
2021
35.2%
2007
Gross capital formation, % of GDP
26.3%
2024
16%
1969

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/syria | 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. 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 (2010–2024, 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.

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.