Prague – Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail

“City Profile – Prague” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Prague.

Prague metropolitan area covers Hlavní mesto Praha (Capital City of Prague) and Stredoceský Kraj (Central Bohemian Region) in Czech Republic. The area recorded 2.74 million inhabitants in 2021 which made up 25.6% of the country’s population in 2021. Prague metropolitan area has one of the most advanced economies in Europe and is the backbone of the country. The area’s economy is characterized by trade openness, and progress in service-oriented activities In 2021, the area contributed 40.0% to the country’s GDP.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

Scope

– The service sector remains the key contributor to the regional economy and the major employer.

– Prague is one of the key tourist destinations in Europe, for both domestic and international tourists. However, the tourism and hospitality sectors experienced slowdown in 2020 due to travel ban and lockdown following Covid-19 outbreak. The secotor is expected to recover, supported by increased travel and normalization of business activities.

– Prague construction market also recorded decline in building permits issued, fall in permit value and decease in dwelling construction; started and completed in 2020 due to pandemic. In 2021. it added 4.6% to the area’s GVA contribution

Reasons to buy

- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

- Analyze and understand the business environment in the city to align your investment and expansion strategies.

- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

Table of Contents

City Snapshot

PEST Analysis

Political

Economic

Social

Technology and Infrastructure

Communications

Internal Transport Networks

Connectivity

Airports

Business Environment Analysis

Travel and Tourism

Tourism Flows

Hotels

Attractions

Events

Construction and Real Estate

Investment

Real Estate Market

Retail

Retail Market

Consumption, Income and Prices

Appendix

Sources

Further Reading

Ask the Analyst

About MarketLine

Disclaimer

List of Tables

List of Tables

Table 1: Prague metropolitan area – key facts (estimates), 2021

Table 2: Prague metropolitan area – real GDP and real GDP growth, 2000-25

Table 3: Prague metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Table 4: Prague metropolitan area – GDP per capita comparison, 2000-25 ($)

Table 5: Prague metropolitan area – employment structure, 2000-25 (% of total)

Table 6: Prague metropolitan area – main universities, 2021

Table 7: Prague metropolitan area – population comparison, 2000-25 (million)

Table 8: Prague metropolitan area – population by age, 2000-25 (% of total)

Table 9: Prague metropolitan area – mass transit network indicators, 2020

Table 10: Prague metropolitan area – Václav Havel Airport Prague – total passengers, 2017-21 (number)

Table 11: Prague metropolitan area – Václav Havel Airport Prague – key airport indicators, 2017-21

Table 12: Prague city – office rents, Q1 2022

Table 13: Prague city – tourists in establishments, 2019-21 (number)

Table 14: Prague city – international tourists by country of residence, 2019-21 (number)

Table 15: Prague city – tourist establishments by type, 2020 (number)

Table 16: Prague city – overnight stays in establishments, 2019-21 (number)

Table 17: Prague metropolitan area – UNESCO World Heritage Site

Table 18: Prague metropolitan area – MICE and other events

List of Figures

List of Figures

Figure 1: Prague metropolitan area – real GDP and real GDP growth, 2000-25

Figure 2: Prague metropolitan area – economic growth comparison (Index 2010=100), 2000-25

Figure 3: Prague metropolitan area – GDP per capita comparison, 2000-25

Figure 4: Prague metropolitan area – employment structure, 2000-25 (% of total)

Figure 5: Prague metropolitan area – population comparison, 2000-25

Figure 6: Prague metropolitan area – population by age, 2000-25 (% of total)

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