Prague seventh-most successful region in EU

But the Czech Republic as a whole lagged behind the EU average

Prague ranked seventh out of 281 regions in the European Union in terms of GDP per capita in 2017, according to Eurostat.

Regional GDP per capita, expressed in purchasing power standards, ranged from 31 percent of the EU average in the Northwest region of Bulgaria to 626 percent of the average in Inner London–West in the United Kingdom. Prague was at 187 percent of the EU average.

Prague scored highest of any region in Central and Eastern Europe, though it was followed closely by Bratislava at 179 percent.

The Czech Republic as a whole, though, was below the EU average, at 89 percent of the average, and all of the other Czech regions aside from Prague were below the average. Next highest was Central Bohemia, at 84 percent. The lowest was the Northwest (Severozápad) region, at 63 percent.

The total GDP of the Czech Republic in 2017 was estimated at EUR 191.72 billion, with GDP per capita at EUR 18,100. Prague had a GDP of EUR 48.76 billion, and GDP per capita of EUR 37,900.

When adjusted for purchasing power, GSD per capita for Prague was EUR 56,200.

The top of the EU chart was dominated by Northern Europe. Coming ahead of Prague was the already mentioned Inner London–West, followed by Luxembourg at 253 percent, the Southern region of Ireland at 220 percent, Hamburg in Germany at 220 percent Brussels region at 196 percent, and Eastern and Midland in Ireland at 189 percent.

After Northwest in Bulgaria, the lowest regions in the ranking were Mayotte in France and North-Central in Bulgaria, both 34 percent, and another region in Bulgaria, South-Central at 35 percent. Of the 20 regions with GDP per capita below 50 percent of the EU average, five were in Bulgaria, four each in Greece and Hungary, three in Poland, two each in France and Romania. Population in these 20 regions is 22.9 million persons.

In some regions, the figures can be significantly influenced by commuter flows. Net commuter inflows in these regions push up production to a level that could not be achieved by the local population on its own. There is a corresponding drop in regions with commuter outflows.

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