Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

21st July 2020 / Competitiveness / Business and Industry


For the fourth consecutive year, Czechs have to save the most in Europe to buy an apartment, more than 11 annual salaries

Czechs have to spend 11.4 average annual salaries to purchase their own 70 sqm apartment. Compared to 22 selected European countries, home ownership is the least affordable in the Czech Republic, closely followed by Serbia, where 11.3 local annual salaries are required to buy a new apartment. These are the findings of the latest Deloitte Property Index 2020 study. 
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Members of the American Chamber of Commerce in the Czech Republic