National debt ratio in the Czech Republic
The national debt ratio of the Czech Republic indicates the relationship between the Czech national debt on the one hand and the Czech nominal gross domestic product on the other.
Development in recent years
The national debt ratio in the Czech Republic increased between 2008 and 2013 due to the financial crisis . While the national debt of 1,104.3 billion Czech crowns at the end of 2008 corresponded to a national debt ratio of 28.7%, the national debt ratio at the end of 2013 reached a value of 46% with a debt level of 1,788.2 billion Czech crowns.
Forecast development
The International Monetary Fund assumes that the national debt ratio of the Czech Republic will decrease to 42.3% by the end of 2019 with a debt level of then 2.088.0 billion Czech crowns.
Graphical representation
See also
- List of countries by national debt ratio
- List of European countries by national debt ratio
- Government debt ratio
Individual evidence
- ↑ International Monetary Fund: World Economic Outlook Database, October 2014, General government gross debt (National currency, Percent of GDP)