The Czech Republic, with a population of approximately 10.5 million (2023), is a central European nation known for its rich cultural heritage and robust economy. The economy is diverse, with significant contributions from manufacturing, services, and agriculture. The Czech Republic is recognized for its high-quality automotive industry, machinery, and electronics, making it a critical player in European supply chains. Additionally, the service sector, particularly tourism, plays an essential role, with millions visiting its historic cities and picturesque landscapes annually. With a GDP estimated at around $400 billion and a per capita income of approximately $38,000 (2023), the Czech Republic is one of the most prosperous countries in the region. Its strategic location facilitates trade within the European Union and with neighboring countries, enhancing its economic connectivity.  

The Czech government and business community can collaborate with the World Business Center to drive innovation in technology, promote sustainable practices, and strengthen international trade relationships for continued economic advancement.