Czech living standards close to EU average

In 2024, living standards in Czechia moved slightly closer to the EU average, according to data from the Czech Statistical Office. GDP per capita, measured in purchasing power, increased by one percentage point to 91 % of the EU average. This puts Czechia on a level with Slovenia and Spain and makes it the highest-ranked country in the Visegrád Group (Czechia, Slovakia, Poland, Hungary).

By comparison, Luxembourg has the highest GDP per capita in the EU at 242 % of the average, while Bulgaria remains the lowest at 66 %.

Author: Hannah Vaughan