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.

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Spotlight issue

14th October 2019 / Competitiveness / Macroeconomic Indicators, Economic Growth

World Economic Forum Competitiveness Report 2019: Czechia slipped down three places

Czechia ranked 32nd (down three places year-on-year) in the 2019 edition of the Global Competitiveness Report issued by the World Economic Forum.

4th October 2019 / Competitiveness / Technology, R&D and Innovation

IMD Smart City Index 2019: Prague ranks 19th globally, 11th in Europe

From 15 indicators, respondents of IMD Business School Smart City Index 2019 survey perceived affordable housing, road congestion, corruption, air pollution and green spaces as the most urgent for Prague.

2nd October 2019 / Competitiveness / Tax & Finance

EY: FinTech adoption rate has grown to 64% globally with 96% aware of at least one service

China and India lead emerging markets with 87% adoption Netherlands, UK and Ireland lead developed economies, buoyed by open banking in Europe Global SME FinTech adoption at 25%, China leads with 61% followed by the US (23%) FinTech adoption rates rose to an average of 64% this year according to EY Global FinTech Adoption Index 2019. Emerging markets are leading the way with both China and India at 87%. Close behind are Russia and South Africa, both with 82% adoption. Among developed markets, the Netherlands (73%), the UK (71%) and Ireland (71%) lead in adoption, reflecting in part the development of open banking in Europe.