Prague is among Europe’s top 10 richest regions

Prague is among Europe’s top 10 richest regions

Prague is the seventh-richest region in the EU, according to new Eurostat data that ranks European regions by GDP per capita, a measure of goods and services produced in a region per each inhabitant.

GDP per capita in the Czech capital was calculated to be at 187% of the EU-wide average, according to the Eurostat data.

The ranking represents a slight increase over data from previous years. In 2015, Prague was listed as the 9th richest region in the European Union.

Regions topping the 2019 list of richest in the EU were familiar locations, with the UK’s Inner London topping the list at a whopping 626% of the EU average GDP.

The UK capital was followed by Luxembourg (253%), Southern Ireland (220%), Hamburg (202%) and Brussels (196%) to round out the top 5.

Prague topped Bratislava in this year’s rankings, while in the past the city came in behind the Slovak capital.

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The World Bank ranked the Czech Republic 34th in the world in GDP per capita in 2017, at an estimated $36,916 (about 840,000 crowns).

No Czech city ranked among the top 20 poorest regions in the EU according to the latest Eurostat data.

Lucas Němec

Prague-based author with two decades experience living in and writing about the Czech Republic for local and international sites and publications. Nakládaný hermelín enthusiast and frequent Club-Mate drinker.

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