Hungary drops 5 places in IMD competitiveness ranking.

By bne IntelliNews May 19, 2011
According to the annual edition of the IMD World competitiveness yearbook, Hungary has lost competitive edge, dropping 5 positions to the 47th place over a year. The rankings, made for 59 economies around the world, are based on the assessment of the countries developments in four major areas - economic performance, government efficiency, business efficiency and infrastructure, which are further estimated by several sub-indices. Hungary ranked 44th in terms of economic performance (40th previously), 50th in terms of business efficiency (47th previously) and 52nd in terms of government efficiency (51st previously). On a regional scale, Hungary outperformed Slovakia (48th), but was 15 places behind Poland and 19 places behind the Czech Republic.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more