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Economy, jobs and prices in Karlovarský kraj (Severozápad, Czechia): official figures

GDP per person was 22,500 purchasing power standards (PPS) in 2024, 56% of the EU average (91% for Czechia); the lowest of 14 regions in Czechia.

GDP per person (PPS)
22,500
2024
People in work
131,450
2024
Average gross monthly wage (FTE), CZK
39,636
2024
Registered unemployment share, %
4.85
2024

How big is the economy of Karlovarský kraj?

The local economy produced €5.4 billion of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Karlovarský kraj?

About 131,450 people worked in Karlovarský kraj in 2024 (employment by place of work).

Source: Eurostat · saved copy

What is the average salary in Karlovy Vary Region?

The average gross monthly wage in the Karlovy Vary Region was CZK 39,636 (full-time equivalent) in 2024, lower than the Czech figure of CZK 45,899 and the lowest of 14 among the kraje.

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

What is the median wage in Karlovy Vary Region?

Half of employees in the Karlovy Vary Region earned less than CZK 37,217 a month in 2024 (the median wage), ranking the lowest of 14, while the mean wage in the same survey was CZK 41,597.

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

What is the gender pay gap in Karlovy Vary Region?

Women in the Karlovy Vary Region had a median monthly wage of CZK 35,439 in 2024 against CZK 39,215 for men, a gap of 9.6%.

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

What is the unemployment rate in Karlovy Vary Region?

At the end of 2024, 4.85% of residents aged 15-64 in the Karlovy Vary Region were registered jobseekers available for work, higher than the Czech figure of 4.10% (3rd highest of 14).

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Is unemployment higher for women in Karlovy Vary Region?

Registered unemployment in the Karlovy Vary Region was 5.21% for women and 4.48% for men at the end of 2024.

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

How many job vacancies are there in Karlovy Vary Region?

There were 4,816 vacancies on the labour office books in the Karlovy Vary Region at the end of 2024, or 2.06 jobseekers per vacancy (6th most jobseekers per vacancy of 14; Czechia 1.24).

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

How many businesses are there in Karlovy Vary Region?

67,730 businesses and organisations were registered in the Karlovy Vary Region at the end of 2024, 231.0 per 1,000 residents (7th highest of 14; Czechia 260.0).

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

How many tourists visit Karlovy Vary Region?

Hotels and other collective accommodation in the Karlovy Vary Region received 1.39 million guests in 2024, 54% of them from abroad (Czechia 46%).

Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

What is the main industry in Karlovarský kraj?

The largest part of the economy of Karlovarský kraj in 2024 was public administration, education, health and other services, at 26.0% of gross value added, followed by trade, transport, hospitality and communications (24.7%).

Source: Eurostat · saved copy

How industrial is Karlovarský kraj?

Factories, mines and energy produced 22.2% of the value added in Karlovarský kraj in 2024, against 26.4% for Czechia.

Source: Eurostat · saved copy

How fast is the economy of Karlovarský kraj growing?

Gross value added rose from €2.8 billion in 2015 to €4.9 billion in 2024 in current prices, an increase of 74% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Karlovarský kraj?

Of the 131,450 jobs located in Karlovarský kraj in 2024, 28% in public services, education, health and other services, 26% in industry and 3.0% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Karlovarský kraj?

The number of people working in Karlovarský kraj fell by 5.0% between 2015 and 2024, to 131,450.

Source: Eurostat · saved copy

How Karlovarský kraj compares with other regions in Czechia

Average gross monthly wage (full-time equivalent), CZK (2024)

Karlovarský kraj ranks 14 of 14, highest first.

RankAreaAverage gross monthly wage (full-time equivalent), CZK
8Kraj VysočinaCZK 41,638
9Liberecký krajCZK 41,549
10Moravskoslezský krajCZK 41,316
11Zlínský krajCZK 41,173
12Pardubický krajCZK 41,133
13Olomoucký krajCZK 40,977
14Karlovarský krajCZK 39,636
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Registered unemployment: jobseekers available for work as % of residents aged 15-64 (31 Dec 2024)

Karlovarský kraj ranks 3 of 14, highest first.

RankAreaRegistered unemployment: jobseekers available for work as % of residents aged 15-64
1Ústecký kraj6.21%
2Moravskoslezský kraj5.82%
3Karlovarský kraj4.85%
4Jihomoravský kraj4.74%
5Liberecký kraj4.46%
6Olomoucký kraj4.43%
7Jihočeský kraj3.60%
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Registered jobseekers per vacancy at the labour office (31 Dec 2024)

Karlovarský kraj ranks 6 of 14, highest first.

RankAreaRegistered jobseekers per vacancy at the labour office
3Liberecký kraj2.63
4Olomoucký kraj2.56
5Jihomoravský kraj2.18
6Karlovarský kraj2.06
7Kraj Vysočina1.59
8Zlínský kraj1.58
9Královéhradecký kraj1.35
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Average purchase price of flats, CZK per square metre (2022-2024)

Karlovarský kraj ranks 14 of 14, highest first.

RankAreaAverage purchase price of flats, CZK per square metre
8Liberecký krajCZK 48,147
9Královéhradecký krajCZK 48,097
10Olomoucký krajCZK 47,729
11Zlínský krajCZK 47,413
12Moravskoslezský krajCZK 41,463
13Ústecký krajCZK 35,567
14Karlovarský krajCZK 35,543
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Registered businesses and organisations per 1,000 residents (31 Dec 2024)

Karlovarský kraj ranks 7 of 14, highest first.

RankAreaRegistered businesses and organisations per 1,000 residents
4Středočeský kraj236.0
5Liberecký kraj234.7
6Královéhradecký kraj231.6
7Karlovarský kraj231.0
8Zlínský kraj228.5
9Plzeňský kraj224.4
10Pardubický kraj219.2
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Median gross monthly wage, CZK (2024)

Karlovarský kraj ranks 14 of 14, highest first.

RankAreaMedian gross monthly wage, CZK
8Liberecký krajCZK 40,156
9Kraj VysočinaCZK 39,986
10Pardubický krajCZK 39,524
11Zlínský krajCZK 39,434
12Olomoucký krajCZK 39,313
13Jihočeský krajCZK 38,853
14Karlovarský krajCZK 37,217
Source: Czech Statistical Office (Český statistický úřad, ČSÚ) · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Karlovarský kraj ranks 13 of 14, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
8Plzeňský kraj33.2%
9Moravskoslezský kraj32.3%
10Olomoucký kraj30.9%
11Jihočeský kraj30.1%
12Jihomoravský kraj22.3%
13Karlovarský kraj22.2%
14Hlavní město Praha10.9%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Karlovarský kraj ranks 8 of 14, highest first.

RankAreaShare of output from finance, property and business services
5Liberecký kraj19.5%
6Královéhradecký kraj19.3%
7Jihočeský kraj19.2%
8Karlovarský kraj18.8%
9Kraj Vysočina18.7%
10Pardubický kraj18.4%
11Zlínský kraj18.0%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Karlovarský kraj ranks 1 of 14, highest first.

RankAreaShare of output from public administration, education, health and other services
1Karlovarský kraj26.0%
2Olomoucký kraj22.8%
3Ústecký kraj21.4%
4Moravskoslezský kraj21.1%
5Jihočeský kraj20.7%
6Liberecký kraj20.1%
7Královéhradecký kraj19.6%
Source: Eurostat · saved copy

More on Karlovarský kraj: overview · health · education and schools · poverty and living standards · government budget · government and politics · Severozápad · Czechia

Sources

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