Hungary worsened the World Economic Forum's competitiveness list

Hungary is ranked 63rd on the competitiveness list of the World Economic Forum, on the basis of the Global Competitiveness Index (GCI).

In last year’s survey Hungary was the 60th in the ranking of 140 countries.

Switzerland is on the first place for many years ahead of Singapore, the United States, Germany, the Netherlands, Japan, Hong Kong, Finland, Sweden and Britain in the 2015-16 survey.

Other countries on the list are Azerbaijan (40th), (Kazakhstan 42nd), Russia in the (45th), Rwanda (58th) Slovenia (59th). (MTI)