Ranking of the wealth of EU regions according to Eurostat and GDP per capita
In 2017, Prague was the seventh richest region in the European Union in terms of gross domestic product (GDP) per capita. The Czech capital defended its position from 2016, when Bratislava, which is now one place worse, ended just before it. This follows from published Eurostat data.
By far the best is the still rich London, whose GDP represented 626 percent of the EU average the year before. Among the poorest areas are the Bulgarian regions.
Compared to the EU average, each inhabitant of the Czech metropolis accounts for 187 percent of GDP. This is an increase of five percentage points compared to 2016. In addition to the British capital, Luxembourg was ahead of Prague with 253 percent, the southern region of Ireland (220), Hamburg (202), Brussels (196) and eastern Ireland with 189 percent. Bratislava lost five percent to five percent against previous statistics.
The richest regions by GDP per capita in 2017
Order | Region | GDP per capita |
1. | Inner London West (UK) | 626 percent |
2. | Luxembourg (Luxembourg) | 253 percent |
3. | Southern (Ireland) | 220 percent |
4. | Hamburg (Germany) | 202 percent |
5. | Brussels Capital Region / Brussels Capital Region (Belgium) | 196 percent |
6. | Eastern & Midland (Ireland) | 189 percent |
7. | Prague | 187 percent |
8. | Bratislava | 179 percent |
9. | Oberbayern (Germany) | 177 percent |
10. | Île-de-France (France) | 176 percent |
Source: Eurostat
Other Czech regions lag behind the European average. The area of Central Bohemia represented by the Central Bohemian Region was the best among them, with 84 percent, followed by the 81% Southeast region, which together form the South Moravian Region and the Vysočina Region.
At the opposite end is the Northwest Region, with the Karlovy Vary and Ústí nad Labem regions, with 63 percent of the region.
The poorest regions by GDP per capita in 2017
Order | Region | GDP per capita |
1. | Northwest (Bulgaria) | 31 percent |
2nd – 3rd | Severen tsentralen (Bulgaria) | 34 percent |
2nd – 3rd | Mayotte (France) | 34 percent |
4. | Yuzhen tsentralen (Bulgaria) | 35 percent |
5 – 6 | Severoiztochen (Bulgaria) | 39 percent |
5 – 6 | Nord-Est (Romania) | 39 percent |
7 – 8 | Yugoiztochen (Bulgaria) | 43 percent |
7 – 8 | Northern Great Plain (Hungary) | 43 percent |
9 – 10 | Southern Transdanubia (Hungary) | 45 percent |
9 – 10 | Sud-Vest Oltenia (Romania) | 45 percent |
Source: Eurostat
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 for the next multiannual period starting in 2021.
In addition to the French overseas territory of Mayotte, four areas of Bulgaria have appeared among the five poorest regions. The northeast of the country reached only 31 percent of the EU’s GDP.