Analysis
Prague is the EU’s fourth-richest region
Measured by GDP per capita adjusted for purchasing power, Prague is the fourth-richest region in the EU, while the other Czech regions rank much lower.
Key findings
Measured by GDP per capita adjusted for purchasing power, Prague is the fourth-richest region in the EU, while the other Czech regions rank much lower.
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Explanation
Prague is the fourth-richest region in the European Union. The comparison uses gross domestic product per capita adjusted for purchasing power parity. Prague is cheaper than capital cities in many other countries; without the purchasing-power adjustment, Prague ranks 18th. South Moravia is 199th and Central Bohemia 214th. Other Czech regions are around 250th place: Southwest (236), Central Moravia (237), Northeast (246), Moravia-Silesia (248) and Northwest (286). The Czech national average ranks 151st.