Czech Republic’s government deficit reaches 2.2% of GDP in 2024

The general government sector in the Czech Republic recorded a deficit equivalent to 2.2% of GDP for the year 2024, according to data confirmed by Eurostat during its regular consultation process. The total government debt stood at 43.6% of GDP by the end of the year.

The Czech Statistical Office (CZSO) reported that Eurostat has verified the figures previously released on 2 April 2025. The validated deficit amounted to CZK 177.2 billion. Helena Houžvičková, Director of the Government and Financial Accounts Department at CZSO, noted that the data had been reviewed and confirmed as part of the routine consultation with the European statistics authority.

During the verification process, only a minor technical adjustment related to interest payments in the central government subsector was made for the years 2023 and 2024. This adjustment did not affect the reported balance or debt ratios presented in the official notification.

The figures reflect the first notification of government deficit and debt for 2024 as submitted to Eurostat, forming part of the European Union’s regular reporting framework.

Source: CZSO