Prague - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Summary
“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
- 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.
- 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
- 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
- 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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