Prague Is 9th Richest Region in EU

Other areas of the Czech Republic don't fare as well, according to Eurostat

Dave Park

Written by Dave Park Published on 02.06.2015 09:39:08 (updated on 02.06.2015) Reading time: 1 minute

Daily News

Recent data on GDP and Purchasing Power published by the European statistical office Eurostat has found that the Prague region of the Czech Republic is among the most prosperous in the EU.

Eurostat’s regional data breaks down countries into smaller regions based on population to more easily compare different areas across the European Union. 

Advertisement NG Libuse In Article + Category

Here are the top ten areas, according to Purchasing Power per capita, a statistic that compares local GDP with current market prices in that region. 

Figures are represented as a percentage of the EU average (2013 numbers): 

  • Inner London, UK – 325% 
  • Luxembourg – 258%
  • Brussels, Belgium – 207%
  • Hamburg, Germany – 195%
  • Gronigen, Netherlands – 187%
  • Bratislava, Slovakia – 184%
  • Stockholm, Sweden – 179%
  • Île-de-France – 175%
  • Prague, Czech Republic – 173%
  • Oberbayern, Germany – 172%

While most areas have seen a small decrease in numbers, Prague has risen 2% since data was last published in 2011. 

In their report, Eurostat makes one key remark: “The GDP output per person can be largely influenced by the number of commuters. Some regions are seeing a big influx of commuters that help the area to bring growth and prosperity to levels that could not be reached by the local population itself. The opposite can be seen in regions where many of these commuters live.”

Elsewhere in the Czech Republic, the story is much different, with average purchasing power roughly 100% less per inhabitant than it is in Prague. 

  • Central Bohemia – 73%
  • Southeast – 73%
  • Moravia-Silesia – 71%
  • Southwest – 70% 
  • Northeast – 67% 
  • Central Moravia – 66%
  • Northwest – 63% 

FEATURED JOB

VIEW ALL+ ADD

Customer Service Representative with German

English English (Proficient) German German (Proficient)
Envista • Full-time • Prague

The poorest regions in the EU according to the Eurostat data are mostly areas in Bulgaria, Romania, Hungary, and Poland. 

You can view all data at the Eurostat website here (2011 figures).

Did you like this article?

#in the news
Would you like us to write your article? Explore the options

Other daily news

Advertisement Newsletters Expats.cz In-Article & Internal promo

Partner articles

FEATURED JOBS

View all jobs

TRENDING ARTICLES

POPULAR ARTICLES