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The economy of the Czech Republic is a developed export-oriented social market economy based in services, manufacturing, and innovation that maintains a high-income welfare state and the European social model.
From Wikipedia, the free encyclopedia. The economy of the Czech Republic is a developed export-oriented social market economy based in services, manufacturing, and innovation that maintains a high-income welfare state and the European social model.
Prague's economy accounts for 25% of the Czech GDP making it the highest performing regional economy of the country. As of 2021, its GDP per capita in purchasing power standard is €58,216, making it the third best performing region in the EU at 203 per cent of the EU-27 average in 2021.
Contents. Home Geography & Travel Countries of the World. Economy of the Czech Republic. Shopping mall in Prague. With the so-called Velvet Revolution of 1989, Czechoslovakia freed itself of communist control and set out to adapt its command economy to the free market.
Dec 11, 2023 · 11 December 2023. Part of Czechoslovakia until the "velvet divorce" in January 1993, the Czech Republic or Czechia, has a robust democratic tradition, a highly-developed economy and a rich ...
English. Towards net zero in the Czech Republic. The Czech economy is very carbon-intensive and has among the highest greenhouse gas emissions per unit of GDP in the OECD. Getting on the path towards net zero will require rapid emission reductions over the coming decades.
