Economy of Prague:
Prague's economy accounts for 25% of the Czech Republic's GDP making it the highest performing regional economy of the country. According to the Eurostat, as of 2007, its GDP per capita in purchasing power standard is 42,800 ?. Prague ranked the 5th best-performing European NUTS 2 level region at 172 % of the EU-27 average.
The city is the site of the European headquarters of many international companies.
Since 1990, Prague economy 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 services sector, most significant are financial services, commercial services, trade, restaurants and accommodations and public administration. Services account for around 80% of employment. There are 800,000 employees in Prague, including 120,000 commuters. The number of 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% of the workforce, up from 131,132 in 2008. Approximately one-fifth of all investment in the Czech Republic takes place in Prague city.
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 capable of satisfying all categories of visitors.
From the late 1990s to late 2000s, Prague was a popular filming location for international productions and Hollywood, Bollywood motion pictures. A combination of architecture, low costs and the existing motion picture infrastructure have proven attractive to international film production companies.
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 and both houses of Parliament
Ministries and other national offices
Czech National Bank
Czech Television and other major broadcasters
Radio Free Europe Radio Liberty
Academy of Sciences of the Czech Republic