Benchmarking of the Czech Republic in the V4 context

About

The Visegrad Group (also known as the “Visegrad Four” or simply “V4”) was formed in 1991 with the aim of reflecting the efforts of the countries of the Central European region to work together in a number of fields of common interest within the all-European integration. Czechia, Hungary, Poland and Slovakia have always been part of a single civilization sharing cultural and intellectual values and common roots in diverse religious traditions, which they wish to preserve and further strenghten. (Source: MVCR, 2020)

What’s trending in the Czech Republic

91% of businesses plan to invest / innovate in 2024 most into efficiency improvements. Plans to invest in automation and robotics are also common. (Hofmann Personal Survey, 2024)
61% of employers say they are offering hybrid working – compared to 47% in 2021. (Hays Czech Republic, 2023)
50% of companies asked (248) intend to hire new skilled people. (AFI Survey, 2024)
Investment in Czech real estate reached €1.85 billion in 2024, a 45% year-on-year increase. While this was 12% below the five-year average, it represented the highest investment volume since 2020. Annual transaction volumes increased across all five major property sectors, with their shares of total investment volume remaining almost identical to 2023. Retail assets accounted for the largest share at 40% (the same as in 2023), followed by offices at 25% (down from 27% in 2023). Industrial properties accounted for 14% (up from 10% in 2023), residential properties accounted for 12% in 2024 (down from 14% in 2023), and hotels maintained a steady 6% share, unchanged from the previous year. (Market in Minutes, Savills Research, 2025)

Global Innovation Index
Rank 2023	Country	Score
30	Czech Republic	44.00
36	Hungary	39.60
40	Poland	37.00
46	Slovakia	34.30
Source: WIPO, 2024

Global Talent Competitivness Index
Rank 2023	Country	Score
30	Czech Republic	60.79
53	Slovakia	45.76
36	Poland	58.78
50	Hungary	48.01
Source: IMD, 2024

Quality of Life Index
Rank 2023	Country	Score
22	Czech Republic	174.80
36	Slovakia	157.60
37	Poland	153.90
42	Hungary	144.60
Source: Numbeo, 2025