Czechia vs Malta development indicators, 2024

Indicator	Czechia, Value	Malta, Value	Czechia, Rank	Malta, Rank	Czechia as % of Malta
Current account balance (% of GDP)	1.75	5.69	43	19	30.8 %
Exports of goods and services (% of GDP)	69.2	123	25	6	56.1 %
Foreign direct investment, net inflows (% of GDP)	3.78	175	31	1	2.16 %
GDP per capita (current US$)	31,707	42,347	40	27	74.9 %
GDP per capita, PPP (current international US$)	56,806	67,364	33	24	84.3 %
Imports of goods and services (% of GDP)	62.7	106	31	6	59.1 %
Inflation, consumer prices (annual %)	2.44	1.65	98	123	148 %
Net migration	-86,169	6,323	198	52
Population, total	10,882,164	574,346	86	170	1,895 %

Demography and Health

Czechia has a population of approximately 10.9 million, significantly larger than Malta's population of around 574,346. The crude birth rate in Czechia is slightly higher at 8.4 per 1,000 people compared to Malta's 8.1, placing Czechia at 53rd and Malta at 59th in global rankings. However, the crude death rate in Czechia is noticeably higher at 10.4, while Malta enjoys a lower rate of 7.3, ranking Czechia 45th and Malta 73rd. In terms of health outcomes, life expectancy in Czechia is 79.9 years, which is lower than Malta's impressive 83.5 years. Moreover, Malta has a better under-five mortality rate, with Czechia scoring 2.6 deaths per 1,000 live births against Malta's higher rate of 5.5. Notably, both countries have a low prevalence of undernourishment at 2.5%, indicating that food security is not a significant concern for either nation.

Economy

Czechia's GDP per capita stands at $31,707, which is lower than Malta's $42,347, ranking them 57th and 40th respectively. When accounting for purchasing power parity (PPP), Czechia has a GDP per capita of $56,806 compared to Malta's higher $67,364, placing them 46th and 27th in global rankings. The economic activity related to trade shows Czechia with exports comprising 69.2% of GDP and imports at 62.7%, while Malta exhibits a significantly higher export figure of 123% and imports at 106% of GDP, reflecting its trade-driven economy. Moreover, Malta appears more resilient against inflation with a current rate of 1.7% compared to Czechia’s 2.4% in 2024. Regarding poverty, Czechia has a headcount ratio of 10.2% at national poverty lines, while Malta's figure at 16.7% indicates a greater prevalence of poverty there.

Trade and Investment

The foreign direct investment inflow in Czechia stands at 3.8% of GDP, while Malta shows an exceptional figure of 175%, marking it 2nd globally. This substantial inflow highlights Malta's appeal as an investment hub, particularly within the European context. Czechia's current account balance is positive at 1.8% of GDP, compared to Malta's robust 5.7%, indicating a stronger surplus in Malta. Furthermore, in logistics performance, Czechia scores a 3 (on a scale of 1 to 5) with Malta slightly better at 3.7. This suggests that both nations have relatively efficient trade infrastructures, although Malta leads marginally.

Governance and Institutions

Czechia demonstrates higher control of corruption (0.8) and government effectiveness (1.1) compared to Malta, which scores lower with 0.1 and 0.4 respectively. This indicates that Czechia has more robust governance structures. Czechia also has a slightly stronger rule of law score at 1.1 against Malta's 0.7. Political stability is reasonably high in both countries, with Czechia ranked 5th globally in terms of political stability, overshadowing Malta's 19th rank. In terms of regulatory quality, Czechia also outperforms Malta with a score of 1.3 compared to Malta's 0.7, suggesting more effective regulatory frameworks in place in Czechia.

Infrastructure and Technology

In terms of technological adoption, Czechia has 86% of its population using the internet compared to Malta’s higher adoption rate of 92.1%. Both countries appear to maintain a comparable quality of trade and transport-related infrastructure, with Czechia scoring 3 and Malta slightly ahead at 3.7 (out of 5) on the logistics performance index. This slight edge signifies Malta's more developed logistics capabilities, which complement its trade-focused economy. As for research and development, Czechia invests 2% of GDP compared to Malta's modest 0.6%, indicating a stronger commitment to innovation in the Czech Republic.

Environment and Sustainability

Czechia consumes 17.2% of its total final energy from renewable sources, outperforming Malta's 8.6%. In terms of water resource management, Czechia is also favorably positioned with a low water stress level at 20.5%, while Malta faces considerable challenges with 78.3% water stress. However, Czechia has higher greenhouse gas emissions per capita at 10.5 tons CO2 equivalent compared to Malta's much lower 3.7 tons, suggesting that Malta's environmental impact per capita is significantly less. Both countries are on the path towards sustainability, yet Czechia's higher emissions present ongoing challenges that need urgent addressing.