Is Czech Republic Rich or poor?

Answer 1

Czech Republic is rich. It is in the middle of the European ranking, 13 out of 27 and its capital, Prague is fifth wealthiest region in the EU. (According to Eurostat, as of 2009.)

The definite answer as is slightly more complex. Koruna, which is the national currency, is still undervalued and the country therefore appears less wealthy than it is in reality. The debt is low and the economy is healthy and the country virtually avoided the recession in 2007-2009.

Throughout the history, the country was wealthy and powerful as well and between the wars, it was the seventh most developed country in the world.