Czechia: GDP per capita, PPP (current international $)
In , Czechia's GDP per capita, PPP (current international $) was 57,285.42.
That's up 2.7% from 2023, the highest value on record.
The global average for this indicator in 2024 was 31,965.38 . Czechia ranks #35 globally out of 188 reporting countries. Within Europe & Central Asia, it ranks #20 of 51.
Source: World Bank Open Data (NY.GDP.PCAP.PP.CD) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 57,285.42
- Trough
- 22,114.84
- 1-year change
- +2.7%
- 5-year change
- +25.6%
- +4.7% / yr
- 10-year change
- +75.0%
- +5.8% / yr
Real vs nominal growth
Over the last 10 years, Czechia's nominal GDP per capita, PPP (current international $) changed by +75.0%, while real (inflation-adjusted) GDP per capita, PPP (constant 2021 international $) changed by +19.4%. The +55.5 percentage-point gap is the combined effect of inflation and currency movement — only the real series isolates underlying economic growth.
Historical Data — Last 10 Years
| Year | GDP per capita, PPP (current international $) |
|---|---|
| 57,285.4237 | |
| 55,761.3798 | |
| 52,946.9661 | |
| 47,796.0337 | |
| 44,839.4822 | |
| 45,614.0171 | |
| 41,638.1831 | |
| 39,346.0306 | |
| 36,445.0486 | |
| 34,093.0281 |
About GDP per capita, PPP (current international $)
This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Indicator code: NY.GDP.PCAP.PP.CD • Category: Economy
Frequently asked questions
- What was Czechia's GDP per capita, PPP (current international $) in 2024?
- In 2024, Czechia's GDP per capita, PPP (current international $) was 57,285.42, according to World Bank Open Data.
- Is Czechia's GDP per capita, PPP (current international $) rising or falling?
- Czechia's GDP per capita, PPP (current international $) rose 2.7% from 2023 to 2024.
- How does Czechia rank globally on GDP per capita, PPP (current international $)?
- In 2024, Czechia ranked #35 out of 188 countries reporting GDP per capita, PPP (current international $).
- How does Czechia's GDP per capita, PPP (current international $) compare to the world average?
- The global average for GDP per capita, PPP (current international $) in 2024 was 31,965.38, so Czechia is above the world average. Within Europe & Central Asia, it ranks #20 of 51.
- What is GDP per capita, PPP (current international $) and how is it measured?
- This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Source: World Bank Open Data (NY.GDP.PCAP.PP.CD), CC BY 4.0.