Net public debt as a share of GDP reached 18.3 % in 2019 in Czech Republic, according to the National Statistical Office. This is 6.84 % less than in the previous year.
Historically, net public debt as a share of GDP in Czech Republic reached an all time high of 29.2 % in 2014 and an all time low of -1.52 % in 1999. When compared to Czech Republic's main peers, net public debt as a share of GDP in Austria amounted to 47.8 %, 59.3 % in Hungary and 39.5 % in Poland in 2019.
Czech Republic has been ranked 71st within the group of 86 countries we follow in terms of net public debt as a share of GDP, 15 places behind the position seen 10 years ago.
Public or government debt is the debt owed by state institutions (or central government).