Gross debt in Czechia
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Czechia in the period from 1998 to 2019 was between 9.5 bn and 92.2 bn USD. The hightest level within the past 21 years was reached in 2012. However, the liabilities in 2019 have been only 76.60 bn USD
Based on the number of inhabitants, this is in Czechia a debt of 7,179 USD per person. For comparison: The average debt per person in the same year in the European Union was 32,667 USD.
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Gross debt of the last 21 years in billion USD
Jahr | Czechia total | Czechia per capita | EU per capita |
---|---|---|---|
1998 | 9.47 bn USD | 920 USD | 12,387 USD |
1999 | 10.05 bn USD | 978 USD | 12,342 USD |
2000 | 10.65 bn USD | 1,038 USD | 10,778 USD |
2001 | 16.39 bn USD | 1,604 USD | 10,717 USD |
2002 | 20.81 bn USD | 2,041 USD | 11,593 USD |
2003 | 26.81 bn USD | 2,630 USD | 14,402 USD |
2004 | 35.53 bn USD | 3,484 USD | 16,970 USD |
2005 | 39.16 bn USD | 3,835 USD | 17,846 USD |
2006 | 44.46 bn USD | 4,342 USD | 18,591 USD |
2007 | 54.28 bn USD | 5,271 USD | 20,509 USD |
2008 | 62.21 bn USD | 5,991 USD | 23,520 USD |
2009 | 69.50 bn USD | 6,654 USD | 25,266 USD |
2010 | 78.30 bn USD | 7,475 USD | 30,683 USD |
2011 | 87.11 bn USD | 8,299 USD | 34,278 USD |
2012 | 92.22 bn USD | 8,774 USD | 33,161 USD |
2013 | 89.11 bn USD | 8,475 USD | 35,247 USD |
2014 | 87.12 bn USD | 8,278 USD | 36,694 USD |
2015 | 75.38 bn USD | 7,148 USD | 31,489 USD |
2016 | 71.88 bn USD | 6,803 USD | 31,202 USD |
2017 | 77.41 bn USD | 7,306 USD | 32,056 USD |
2018 | 79.64 bn USD | 7,492 USD | 33,826 USD |
2019 | 76.60 bn USD | 7,179 USD | 32,667 USD |
Comparison of the gross debt per capita with the European Union in Euro
Budget deficit in Czechia
The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.The budget balance in Czechia in the period between 1998 and 2019 varied between -11.29 bn Euro and +3.29 bn Euro. In 2019 was reached a balance of 665.77 m Euro.
In ratio to population, this equals a surplus of 62 Euro per capita in Czechia. For comparison, the average debt per capita in the European Union was in the same year at 332 Euro.
Budget deficit and surplus in the last 21 years
Jahr | Czechia total | Czechia per capita | EU per capita |
---|---|---|---|
1998 | -3.09 bn USD | -300 USD | -350 USD |
1999 | -2.23 bn USD | -217 USD | -180 USD |
2000 | -2.13 bn USD | -208 USD | 98 USD |
2001 | -3.60 bn USD | -352 USD | -263 USD |
2002 | -5.15 bn USD | -505 USD | -496 USD |
2003 | -6.41 bn USD | -628 USD | -738 USD |
2004 | -3.23 bn USD | -317 USD | -808 USD |
2005 | -4.23 bn USD | -415 USD | -722 USD |
2006 | -3.38 bn USD | -330 USD | -499 USD |
2007 | -1.24 bn USD | -120 USD | -315 USD |
2008 | -4.68 bn USD | -451 USD | -951 USD |
2009 | -11.29 bn USD | -1,081 USD | -2,252 USD |
2010 | -8.69 bn USD | -830 USD | -2,486 USD |
2011 | -6.21 bn USD | -592 USD | -1,907 USD |
2012 | -8.14 bn USD | -775 USD | -1,689 USD |
2013 | -2.72 bn USD | -259 USD | -1,354 USD |
2014 | -4.35 bn USD | -413 USD | -1,226 USD |
2015 | -1.21 bn USD | -115 USD | -871 USD |
2016 | 1.40 bn USD | 132 USD | -620 USD |
2017 | 3.29 bn USD | 311 USD | -406 USD |
2018 | 2.27 bn USD | 214 USD | -288 USD |
2019 | 0.67 bn USD | 62 USD | -332 USD |
(negative numbers = deficit)