Prague is a unique city. With 1.2 million inhabitants it represents almost 12 % of the total population of the Czech Republic. Almost one third of all foreigners with long-term residency live here, 40 % of the total number of university students study here, and 55 % of all foreign students study here. There are approximately 770 thousand jobs and over a hundred thousand people who commute to the metropolis from its outlying areas.

Prague is also a tourist centre. About 50 percent of all tourist activitiy takes place directly in the capital. In the field of congress tourism it has surpassed even Vienna, and its cultural life does not lag behind. No wonder the daily total of people who are present in Prague exceeds 1.5 million.

The capital produces approximately 25 percent of nation's GDP and it is the only region among the new EU countries that significantly exceeds the union average. In regard to its geographical location in Europe and the Czech Republic, Prague has become an important transport junction. Prague's Ruzyně Airport has over 11 million passengers a year and represents the fastest developing terminal in Central Europe. Despite this, Prague has difficulties with transport connection with regions in Western Europe. The D5 highway (to Plzeň) was finished only a year ago and the D8 going in the direction to Ústí nad Labem and Drážďany has not yet been completed. The city also awaits completion of two ring roads. Also the city's rail connects have not yet reached European standards. Work is currently in progress on New Connection, which will be put into operation at the end of 2008. The railway corridor to Jižní Budějovice is under construction. The city also lacks a rail link (metro or high speed track) between the Airport and the city centre. On the other hand, the public transport system based on the metro is well-regarded by many specialists.