Statutory cities' per capita debt twice as high as Czech average

​Twenty-five statutory cities excluding Prague last year registered a two-fold per capita debt compared to the average of all Czech towns, Kc12,421 and Kc6,239, respectively, data of the company CRIF have shown.

​Statutory cities' per capita revenue amounted to Kc25,207 against the Czech average of Kc20,816.

The 25 statutory cities (except for the capital city of Prague) had a population of 2.3 million or more than one-fifth of the country's inhabitants last year.

Their income exceeded Kc58bn and real estate tax revenues topped Kc2bn in 2013.

Their debt grew by Kc300m to an aggregate Kc28.6bn at the end of last year.

Besides Prague which also has revenues like a region, the statutory cities include Brno, Ceske Budejovice, Decin, Frydek-Mistek, Havirov, Hradec Kralove, Chomutov, Jablonec nad Nisou, Jihlava, Karlovy Vary, Karvina, Kladno, Liberec, Mlada Boleslav, Most, Olomouc, Opava, Ostrava, Pardubice, Plzen, Prostejov, Prerov, Teplice, Usti nad Labem and Zlin. 

Source: CRIF