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Gmünd (Czech Cmunt), the economic, cultural and tourist center of the Upper Waldviertel, is also an important rail and road crossing on the border with the Czech Republic (or Bohemia). On the territory of the municipality is the largest part of the nature park Blockheide-Eibenstein.

The town of Gmünd itself is now once again what it was around 1900: the economically most important town in the Waldviertel region next to Krems - with over 5,500 jobs and more than 3,500 people commuting here daily from neighboring towns and districts to their place of work.