Czechia vs Denmark development indicators, 2024

Demography and Health

Czechia has a birth rate of 8.4 per 1,000 people while Denmark's is slightly higher at 9.7, positioning them at ranks 53 and 24 respectively. The crude death rate in Czechia is notably higher at 10.4 per 1,000 compared to Denmark's 9.8, which places Czechia in rank 45 and Denmark in rank 54. Life expectancy at birth is also lower in Czechia at 79.9 years versus Denmark's 81.9 years (ranks 52 vs 27). The under-5 mortality rate is 2.6 per 1,000 live births in Czechia, better than Denmark's 3.4 (66 vs 47). The prevalence of undernourishment is equal in both countries at 2.5%. Czechia also experiences a negative net migration of -86,169 compared to Denmark's positive net migration of 25,639, indicating a demographic challenge for Czechia.

Economy

Czechia's GDP per capita is significantly lower at $31,707 compared to Denmark's $71,852 (ranks 57 vs 9). When considering GDP per capita adjusted for purchasing power parity (PPP), Czechia stands at $56,806, still trailing behind Denmark's $79,514 (46 vs 10). Exports of goods and services as a percentage of GDP are relatively close with Czechia at 69.2% and Denmark at 69.7% (ranks 51 vs 50). Meanwhile, imports amount to 62.7% of GDP in Czechia, slightly higher than Denmark's 58.9% (54 vs 60). The inflation rate in Czechia is higher at 2.4% in 2024 compared to Denmark's 1.4%, which may reflect on cost-of-living dynamics negatively affecting consumers in Czechia.

Trade and Investment

Foreign direct investment inflows are 3.8% of GDP for Czechia, which is below Denmark's 4.2% (ranks 46 vs 36). The current account balance reveals Czechia has a balance of 1.8% of GDP, whereas Denmark enjoys a much higher figure of 13% (39 vs 2). Czechia's research and development expenditure sits at 2% of GDP, slightly below Denmark's 2.9% (20 vs 11), implying that Denmark might have a more innovation-driven economy. Both countries show the need for improving logistics performance, where Czechia scores 3 out of 5 against Denmark's 4.1.

Governance and Institutions

Denmark clearly outperforms Czechia on various governance indicators such as Control of Corruption (2.4 vs 0.8, ranks 2 vs 37), Government Effectiveness (2 vs 1.1, ranks 1 vs 33), and Regulatory Quality (1.8 vs 1.3, ranks 5 vs 31). In terms of political stability and absence of violence, both countries have a relatively stable environment, with Czechia scoring slightly better at 1 compared to Denmark's 0.9 (5 vs 20). However, both countries face hurdles with Rule of Law, where Czechia scored 1.1 and ranks 35, while Denmark scored significantly better at 1.9 and ranks 4.

Infrastructure and Technology

Czechia's logistics performance index is rated at 3, showing robust infrastructure but still less effective compared to Denmark's 4.1, indicating better transport-related infrastructure quality in Denmark. Investment in technology and innovation based on patent applications reveals Czechia has 541 applications compared to Denmark's 1,090, ranking both countries at 14 and 10 respectively, suggesting a need for Czechia to enhance its innovative capabilities.

Environment and Sustainability

In terms of renewable energy consumption, Denmark is a leader with 39.5% compared to 17.2% in Czechia, ranking them 4th and 19th respectively. Furthermore, the per capita greenhouse gas emissions are concerning in Czechia, which stands at 10.5 t CO2e/capita, while Denmark's figure is considerably lower at 7 t CO2e/capita (13 vs 48). Water stress levels are also a matter of concern; Czechia reports a freshwater withdrawal rate of 20.5% of available resources versus Denmark's 26.4% (13 vs 9). These figures illustrate how both nations are at different stages of addressing sustainability challenges, with Czechia needing substantial effort to catch up with Denmark's environmental policies and practices.