Czechia Czechia vs Ireland Ireland development indicators, 2024

Indicator
Czechia
Czechia, Value
Ireland
Ireland, Value
Czechia
Czechia, Rank
Ireland
Ireland, Rank
Czechia Czechia as % of
Ireland Ireland
Exports of goods and services (% of GDP) 69.2 148 25 5 46.9 %
GDP per capita (current US$) 31,707 107,316 40 3 29.5 %
GDP per capita, PPP (current international US$) 56,806 131,175 33 3 43.3 %
Imports of goods and services (% of GDP) 62.7 105 31 7 59.5 %
Inflation, consumer prices (annual %) 2.44 2.11 98 109 115 %
Net migration -86,169 39,059 198 28
Population, total 10,882,164 5,380,257 86 120 202 %

Demography and Health

Czechia has a crude birth rate of 8.4 per 1,000 people, compared to Ireland's higher rate of 10.3, which ranks Ireland 13th globally, while Czechia ranks 53rd. Conversely, Czechia has a higher crude death rate at 10.4, compared to Ireland's 6.6, placing Czechia at 45th and Ireland at 80th. Life expectancy at birth is also lower in Czechia at 79.9 years, as opposed to Ireland's 82.9 years, where Ireland ranks 12th. Czechia has a lower under-5 mortality rate (2.6 per 1,000 live births) compared to Ireland's rate of 3.8, giving them ranks of 66th and 28th respectively. The prevalence of undernourishment is equal for both countries at 2.5%. Czechia had a net migration loss of 86,169, while Ireland saw a gain of 39,059, indicating different demographic trends. Overall, Ireland appears to have a more favorable demographic and health outcome profile.

Economy

Czechia's GDP per capita stands at $31,707, significantly lower than Ireland's $107,316, where Ireland ranks 5th globally. In terms of GDP per capita in PPP, Czechia records $56,806 and Ireland $131,175, again reflecting stronger economic performance in Ireland. The inflation rate is marginally higher in Czechia at 2.4% compared to Ireland's 2.1%. Czechia is heavily reliant on exports, with a ratio of 69.2% of GDP from exports, while Ireland's figure at 148% reflects its position as a major global trade player. Import reliance is also significant, with Czechia at 62.7% and Ireland at 105%. Unemployment is lower in Czechia at 2.6% compared to Ireland's 4.3%, indicating a stronger labor market in Czechia.

Trade and Investment

In terms of trade and investment, Czechia's export and import values as a percentage of GDP indicate a strong engagement in international trade, but not nearly as robust as Ireland, which is ranked 5th for exports. Czechia's exports constitute 69.2% of GDP against Ireland’s 148%. Moreover, the level of research and development expenditure in Czechia at 2% is higher than Ireland's 1%, suggesting greater domestic innovation capability. Additionally, Czechia is ranked higher in the number of patent applications per resident at 541 compared to Ireland's 75, further reflecting potential advantages in intellectual property and innovation.

Governance and Institutions

Czechia scores lower on governance indicators compared to Ireland. Government effectiveness is rated at 1.1 for Czechia as opposed to 1.6 for Ireland, showing a better perception of public sector quality in Ireland. Regulatory quality is rated at 1.3 for Czechia compared to 1.7 for Ireland. This suggests that Ireland may have more business-friendly regulations. The control of corruption index is significantly in favor of Ireland at 1.6 versus Czechia’s 0.8. Political stability measures score better in Czechia (1) than in Ireland (0.9), indicating a slightly more stable political environment. However, Rule of Law is also rated lower in Czechia at 1.1 compared to Ireland's 1.6.

Infrastructure and Technology

When evaluating infrastructure, both countries have made considerable advancements, with Czechia achieving a logistics performance index score of 3, while Ireland scores slightly higher at 3.5. Internet usage is notably high in both countries, with 86% of the Czech population using the Internet, compared to 96.5% in Ireland, indicating a digital engagement advantage for Ireland. However, with a greater emphasis on technology and innovation in Ireland reflected through its higher patent application rates, Czechia appears to be catching up in certain areas.

Environment and Sustainability

In terms of environmental sustainability, Czechia leads in renewable energy consumption with 17.2% of total final energy consumption compared to Ireland's 12.7%. Both countries face comparable levels of water stress, with Czechia at 20.5% and Ireland at 22.2% regarding freshwater withdrawal. In greenhouse gas emissions, Czechia emits slightly less at 10.5 tons CO2e per capita compared to Ireland’s 10.9 tons. This shows both countries are making progress towards sustainability, with Czechia slightly ahead in certain metrics.