World Economic Forum: Czech Quality of Life Outranks France, Britain

A low poverty rate, the relatively small income gap between rich and poor, and little to no unemployment significantly influenced the Czech position Staff Jason Pirodsky

Written by StaffJason Pirodsky Published on 30.01.2018 20:25:24 (updated on 30.01.2018) Reading time: 2 minutes

The World Economic Forum (WEF) has released its Inclusive Development Index, an annual assessment of 103 countries’ economic performance that measures how a nation performs on eleven dimensions of economic progress.

In addition to a GDP per capita, the index attempts to more closely reflect the criteria by which people evaluate their countries’ economic progress.

This includes the level of employment, length and quality of life, poverty and income inequality, public debt or carbon intensity of the economy.

The Czech Republic ranked as the 15th most developed country in the world, topping France, Britain, and Japan on the index.


Its low poverty rate, the relatively small income gap between rich and poor, and low unemployment significantly influenced the Czech position in the rankings—it is considered an advancing economy by the WEF.

Norway leads the world as the most developed nation followed closely by Iceland, Luxembourg, Switzerland, and Denmark rounding out the top 5. The top 15, with the exception of Australia and New Zealand, is occupied by European economies.

See the full data and highlights from the report here.
See the country profile for the Czech Republic here

For an overview on what you can earn in Prague the following tables give you an idea of what key positions offer:

Freelance Teachers and Private school Teachers

Role Min EUR Max EUR
Freelance Language Teacher 8 (per hour) 20 (per hour - business level)
Private School Teacher 750 1200

IT & Telecommunications

Role Min EUR Max EUR
IT Administration/ Operations 1400 2200
Technical Support (Team leader) 1800 2500
Development (3-5 years experience) 2000 4000
IT Consulting - ERP consultant 2200 3200


Role Min KČ Max KČ
Project Management - Delivery Manager 75,000 110,000
R&D - Test Engineer 29,000 40,000
Manufacturing - Product Supervisor 23,000 40,000
Purchasing & Logistics - Transport Coordinator 29.000 36,000
Technical Sales - Support 29,000 36,000

Sales, Retail & Marketing

Role Min EUR Max EUR
Sales representative (1-3 years experience) 900 1800
Retail - Department Manager 900 1400

Banking & Financial Services

Role Min EUR Max EUR
Banking - Corporate Banker 1100 2200
Finance & Accounting - Financial Analyst 1300 1900
Tax Consultancy & Audit - Auditor (up to 3 years experience) 900 1400


Role Min EUR Max EUR
Marketing - Online Marketing Specialist 1300 1800

Customer Service / SSC / BPO Services

Role Min EUR Max EUR
Customer Service - Order Entry Clerk with Languages 900 1100
Sales - Inbound Telesales with Languages 900 1600
Technical Support - Level 1 1100 1300
Procurement - Manager 1800 2900
HR - Payroll Practitioner 900 1300
Finance - AP Analyst 900 1000

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