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)
Related news
There is no food safety without support for farmers
In order to maintain the European Union’s food safety, it…
Read more >The government continues to support Hungarian winemakers abroad
Quality is the basis of competitiveness. This is what makes…
Read more >The productivity of Hungarian companies is worse than anywhere else in the EU
According to a recent analysis by GKI Economic Research Ltd.,…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >