Czech Republic stays 17th in EU wealth survey

The Czech Republic is ranked 17th in the EU in GDP per capita, according to a Eurostat survey released on Wednesday. Its gross domestic product is at 80 percent of the EU average. The country, which was ranked 17th in several previous years as well, is the richest of former Communist nations with the exception of Slovenia, and also outranked Portugal and Greece. However, in actual individual consumption per capita, which also reflects economic well-being, the Czech Republic is ranked 22nd of the EU, and is at 72 percent of the bloc’s average, according to Eurostat.

Author: Jan Richter