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

17th December 2018 / Competitiveness / Technology, R&D and Innovation

EC 2018 Industrial R&D Scoreboard: Czech Republic: Aerospace & Defence Industry is the largest investor into R&D in 2017/2018

Companies in the European Union have increased their investment in research and development (R&D) for the eighth consecutive year. In 2017, they invested 5.5% more in R&D activities than the year before. This growth is driven by the automobile, health and ICT sectors, European Commission reports in its 2018 Industrial R&D Scoreboard.

11th December 2018 / Competitiveness / Tax & Finance

EY: Every third Czech would happily switch to a competitor offering better online financial services. Are banks ready for the digital banking revolution?

Banks aren’t innovative enough and are losing touch with clients More than half of Czechs with a mortgage took it out somewhere other than their primary bank A quarter of clients wouldn't hesitate to share more personal information with a financial services provider in exchange for better customized services

23rd November 2018 / Competitiveness / Transport, Infrastructure and Tourism

PCB: Prague is the Second-Best City in the Region of Central and Eastern Europe in Terms of Sustainable Development

Prague, according to the latest Sustainable Cities Index (SCI) of the Arcadis international consultancy, ranked among the top of sustainable cities in the CEE region from the point of view of the local population. The Czech metropolis was ranked 23rd on the global scale. Arcadis' Sustainable Cities Index 2018 presents London as the city in the lead, followed by Stockholm and Edinburgh. In the first twenty, there are 14 European cities, 3 Asian and 3 North American cities, Prague Convention Bureau writes.