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Czech Republic GDP

Czech Republic's GDP rose to $345.04 billion in 2024, up from $343.21 billion in 2023, according to World Bank. This represents an increase of 0.5% ($1.83 billion) from the previous year and accounts for 0.31% of the world's total GDP. The Czech Republic has GDP higher than the global median ($345.04 billion vs median $35.85 billion). Compared with the median in Europe, the Czech Republic is higher ($345.04 billion vs regional median $126.99 billion) and ranks 18th out of 48 countries in Europe.

Czech Republic's GDP per capita rose to $20,444.54 in 2024, up from $20,251.75 in 2023.

Yearly Historical Data (1990-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 345.04
2023 343.21
2022 301.83
2021 290.97
2020 251.11
2019 256.79
2018 251.99
2017 221.56
2016 198.16
2015 189.11
2014 210.91
2013 213.02
2012 210.36
2011 231.43
2010 211.17
2009 206.97
2008 236.51
2007 190.04
2006 156.24
2005 137.26
2004 120.15
2003 100.44
2002 82.61
2001 68.14
2000 62.18
1999 65.59
1998 67.19
1997 62.54
1996 67.8
1995 60.57
1994 48.19
1993 41.16
1992 35.05
1991 30.07
1990 41.02
Czech Republic GDP : Definition
GDP measures the total value of all goods and services produced in Czech Republic, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 1.12% -0.06% 2024
GDP Growth Rate (QoQ) 0.5% 0.7% Jun'25
GDP Growth Rate (YoY) 2.6% 2.4% Jun'25
GDP per Capita $20,444.54 $20,251.75 2024
GDP per Capita PPP $47,961.81 $47,509.52 2024
R&D Expenditure (% GDP) 1.96% 2% 2022
Real GDP $222.48B $220.02B 2024