Editing Prague (section)

==Economy==
[[File:Zizkov tv tower.jpg|thumb|upright|[[Žižkov Television Tower]] with crawling "[[Babies (Černý)|babies]]"]]

Prague's economy accounts for 25% of the Czech GDP<ref name=CDAP>{{cite web |title=Prague Strategic Plan, 2008 Update |url=http://www.iprpraha.cz/uploads/assets/soubory/data/strategicky_plan/angl2008_web.pdf |website=Official site |publisher=City Development Authority Prague |year=2010 |access-date=22 April 2010 |archive-date=8 December 2015 |archive-url=https://web.archive.org/web/20151208042327/http://www.iprpraha.cz/uploads/assets/soubory/data/strategicky_plan/angl2008_web.pdf |url-status=live}}</ref> making it the highest performing regional economy of the country. As of 2021, its GDP per capita in [[Purchasing power parity|purchasing power standard]] is €58,216, making it the [[List of European Union regions by GDP|third best performing region in the EU]] at 203 per cent of the EU-27 average in 2021.<ref>{{Cite web |url=https://ec.europa.eu/eurostat/web/national-accounts/data/database |title=Gross domestic product (GDP) at current market prices by NUTS 2 regions|publisher=Eurostat|website=ec.europa.eu|access-date=16 May 2021 |archive-date=23 June 2019 |archive-url=https://web.archive.org/web/20190623210352/https://ec.europa.eu/eurostat/web/national-accounts/data/database |url-status=live}}</ref>

Prague employs almost a fifth of the entire Czech workforce, and its wages are significantly above average (≈+20%). In 4Q/2020, during the pandemic, average salaries available in Prague reached CZK 45.944 (≈[[Euro|€]]1,800) per month, an annual increase of 4%, which was nevertheless lower than national increase of 6.5% both in nominal and real terms. (Inflation in the Czech Republic was 3.2% in 4Q/2020.)<ref name="RHDP">{{cite web |url=https://prague.tv/en/s72/Directory/c214-Business/n11952-Prague-is-sixth-most-developed-EU-region |title=Prague-is-sixth-most-developed-EU-region(GDP in 2016) |date=18 February 2010 |website=Official site |publisher=Eurostat |archive-url=https://web.archive.org/web/20100529212548/http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/1-18022010-AP/EN/1-18022010-AP-EN.PDF |archive-date=29 May 2010 |url-status=dead |access-date=22 April 2010}}</ref><ref>{{cite web |url=https://www.czso.cz/csu/xa/prumerna-hruba-mzda-v-praze-4-ctvrtleti-2020 |title=Average monthly gross wage in hl. Prague in the 4th quarter of 2020 |date=8 March 2020 |website=Český statistický úřad |access-date=8 March 2021 |archive-date=17 April 2021 |archive-url=https://web.archive.org/web/20210417172328/https://www.czso.cz/csu/xa/prumerna-hruba-mzda-v-praze-4-ctvrtleti-2020 |url-status=live}}</ref> Since 1990, the city's economic structure has shifted from industrial to service-oriented. Industry is present in sectors such as pharmaceuticals, printing, food processing, manufacture of transport equipment, computer technology, and electrical engineering. In the service sector, financial and commercial services, trade, restaurants, hospitality and public administration are the most significant. [[Service (economics)|Services]] account for around 80 per cent of employment. There are 800,000 employees in Prague, including 120,000 commuters.<ref name=CDAP/> The number of (legally registered) foreign residents in Prague has been increasing in spite of the country's economic downturn. As of March 2010, 148,035 foreign workers were reported to be living in the city making up about 18 per cent of the workforce, up from 131,132 in 2008.<ref>{{cite news |first=Gabriella |last=Hold |title=Foreign Resident Numbers Stable |url=http://www.praguepost.com/news/4214-foreign-resident-numbers-stable.html |work=[[The Prague Post]] |date=21 April 2010 |access-date=25 April 2010 |url-status=dead |archive-url=https://web.archive.org/web/20120114195632/http://www.praguepost.com/news/4214-foreign-resident-numbers-stable.html |archive-date=14 January 2012}}</ref> Approximately one-fifth of all investment in the Czech Republic takes place in the city.
[[File:Prague 07-2016 View from Powder Tower img4.jpg|thumb|left|Na příkopě, the most expensive street among the states of V4]]
[[File:Charles Bridge (Karlův most), Vltava River, Prague, 2015.jpg|thumb|Tourism is a significant part of the city's economy.]]
Almost one-half of the national income from tourism is spent in Prague. The city offers approximately 73,000 beds in accommodation facilities, most of which were built after 1990, including almost 51,000 beds in hotels and boarding houses.

From the late 1990s to late 2000s, the city was a common filming location for international productions such as Hollywood and Bollywood motion pictures. A combination of architecture, low costs and the existing motion picture infrastructure have proven attractive to international film production companies.

The modern economy of Prague is largely service and export-based and, in a 2010 survey, the city was named the best city in Central and Eastern Europe (CEE) for business.<ref>{{cite news |first=Cat |last=Contiguglia |url=http://www.praguepost.com/business/6003-prague-is-best-cee-city-for-business-survey.html |title=Prague Is Best CEE City for Business&nbsp;– Survey |work=[[The Prague Post]] |date=13 October 2010 |access-date=14 April 2011 |url-status=dead |archive-url=https://web.archive.org/web/20101125092300/http://www.praguepost.com/business/6003-prague-is-best-cee-city-for-business-survey.html |archive-date=25 November 2010}}</ref>

In 2005, Prague was deemed among the three best cities in Central and Eastern Europe according to ''[[The Economist]]'''s livability rankings.<ref>{{cite web |url=http://www.eiuresources.com/mediadir/default.asp?PR=660001866 |title=EIU Media Directory |publisher=Eiuresources.com |access-date=14 April 2011 |archive-url=https://web.archive.org/web/20110710174424/http://www.eiuresources.com/mediadir/default.asp?PR=660001866 |archive-date=10 July 2011}}</ref> The city was named as a top-tier nexus city for innovation across multiple sectors of the global innovation economy, placing 29th globally out of 289 cities, ahead of [[Brussels]] and [[Helsinki]] for innovation in 2010.<ref name=innovation>{{cite web |url=http://www.innovation-cities.com/innovation-cities-top-100-index-top-cities/ |title=2thinknow Innovation Cities Top 100 Index |date=September 2010 |publisher=2thinknow Innovation Cities Program |access-date=22 October 2010 |archive-date=13 May 2013 |archive-url=https://web.archive.org/web/20130513183603/http://www.innovation-cities.com/innovation-cities-top-100-index-top-cities/ |url-status=live}}</ref>

[[Na příkopě]] is the most expensive street among all the states of the [[Visegrád Group|V4]].<ref>{{cite news |title=Nejdražší ulice ve střední Evropě? Bezkonkurenčně vedou Příkopy |url=http://ekonomika.idnes.cz/nejdrazsi-ulice-ve-stredni-evrope-bezkonkurencne-vedou-prikopy-p8y-/ekonomika.aspx?c=A120423_184531_ekonomika_neh |archive-url=https://web.archive.org/web/20120426072538/http://ekonomika.idnes.cz/nejdrazsi-ulice-ve-stredni-evrope-bezkonkurencne-vedou-prikopy-p8y-/ekonomika.aspx?c=A120423_184531_ekonomika_neh |url-status=dead |archive-date=26 April 2012 |work=iDNES.cz |date=26 April 2012}}</ref> In 2017, with the amount of rent €2,640 (CZK 67,480) per square meter per year, ranked on 22nd place among the most expensive streets in the world.<ref>{{cite news |title=Pražská ulice Na Příkopě je 22. nejdražší ulicí na světě. Roční nájem stojí 67 tisíc za metr čtvereční |url=https://byznys.ihned.cz/c1-65959330-prazska-ulice-na-prikope-je-22-nejdrazsi-ulici-na-svete-rocni-najem-stoji-67-tisic-za-metr-ctverecni |work=Hospodářské noviny |date=16 November 2017 |language=cs|access-date=6 November 2018 |archive-date=6 November 2018 |archive-url=https://web.archive.org/web/20181106171651/https://byznys.ihned.cz/c1-65959330-prazska-ulice-na-prikope-je-22-nejdrazsi-ulici-na-svete-rocni-najem-stoji-67-tisic-za-metr-ctverecni |url-status=live}}</ref> The second most expensive is Pařížská street.

In the Eurostat research, Prague ranked fifth among Europe's 271 regions in terms of gross domestic product per inhabitant, achieving 172 per cent of the EU average. It ranked just above Paris and well above the country as a whole, which achieved 80 per cent of the EU average.<ref>{{cite web |author=Pop, Valentina |url=https://euobserver.com/regions/29502 |title=EUobserver / Prague Outranks Paris and Stockholm Among EU's Richest Regions |website=EUobserver |date=18 February 2010 |access-date=14 April 2011 |archive-date=3 October 2012 |archive-url=https://web.archive.org/web/20121003053606/http://euobserver.com/regions/29502 |url-status=live}}</ref><ref>{{cite web |url=http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/1-18022010-AP/EN/1-18022010-AP-EN.PDF |archive-url=https://web.archive.org/web/20100529212548/http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/1-18022010-AP/EN/1-18022010-AP-EN.PDF |archive-date=29 May 2010 |title=ESTAT-2002-05354-00-00-EN-TRA-00 (FR) |access-date=14 April 2011 |url-status=dead}}</ref>

Companies with highest turnover in the region in 2014:<ref>{{cite web |first=Hana |last=Filipová |url=http://ihned.cz/c1-64728760-ktere-firmy-vladnou-krajum-tydenik-ekonom-zmapoval-podnikani-v-regionech |title=Které firmy vládnou krajům? Týdeník Ekonom zmapoval podnikání v regionech |trans-title=Which firms dominate the regions? 'The Weekly Ekonom' mapped out entrepreneurship in the regions |language=cs |publisher=Economics news |date=11 October 2015 |access-date=7 April 2016 |archive-date=18 April 2016 |archive-url=https://web.archive.org/web/20160418072526/http://ihned.cz/c1-64728760-ktere-firmy-vladnou-krajum-tydenik-ekonom-zmapoval-podnikani-v-regionech |url-status=live}}</ref>
{|class=wikitable style="margin-left: auto; margin-right: auto; border: none;"
|-
! Name !! Turnover, mld. CZK
|-
|[[ČEZ]] ||200.8
|-
|[[Agrofert]] ||166.8
|-
|[[RWE Supply & Trading CZ]] ||146.1
|}

Prague is also the site of some of the most important offices and institutions of the Czech Republic

*[[President of the Czech Republic]]
*The [[Government of the Czech Republic|Government]] and both houses of [[Parliament of the Czech Republic|Parliament]]
*Ministries and other national offices (Industrial Property Office, [[Czech Statistical Office]], National Security Authority, etc.)
*[[Czech National Bank]]
*[[Czech Television]] and other major broadcasters
*[[Radio Free Europe/Radio Liberty|Radio Free Europe]]&nbsp;– [[Radio Free Europe/Radio Liberty|Radio Liberty]]
*[[Galileo (satellite navigation)|Galileo]] global navigation project
*[[Czech Academy of Sciences|Academy of Sciences of the Czech Republic]]