Prague is the seventh richest region in the EU
Eurostat compared 281 EU regions in terms of gross domestic product per capita against the EU average.
By comparison, Prague reached 187 percent, while the Slovak capital Bratislava 179 percent. In comparison, a year earlier, Bratislava was ahead of Prague.
Photo: David Ryneš, Mapy.cz
According to statistics, the richest in London is West London with 626 percent, followed by Luxembourg with 253 percent.
Prague richer than Bavaria
For example, Bavaria, Vienna or Stockholm, Sweden, ended up behind Prague. The statistics are based on the conversion of GDP according to purchasing power parity, thus taking into account local prices of goods and services. Eurostat also pointed out that in some cases numbers significantly affect people commuting to work.
Richest regions by GDP per capita 2017 (in parentheses ranking 2016) |
1. Inner London West 626 (1) |
2. Luxembourg 253 (2) |
3. Southern (Ireland) 220 (3) |
4. Hamburg 202 (4-5) |
5. Brussels 196 (4-5) |
6. Eastern & Midland, Ireland 189 |
7. Prague 187 (7) |
8. Bratislava 179 (6) |
9. Upper Bavaria 177 (8th) |
10. Île-de-France 176 (9th) |
Data: Eurostat (index, EU28 = 100) |
Three quarters of the EU population live in regions where GDP per capita is above 75 percent of the EU average.
At the bottom of the ranking are some regions of Bulgaria and Romania. For example, in the Bulgarian region of the Northwest, GDP per capita will reach less than a third of the EU average.
Data on the economy of individual regions are one of the criteria in deciding on the amount of contributions for member states from EU funds.