Hungary Slips To 63rd Place In Global Competitiveness Ranking
- 30 Sep 2015 4:00 AM
The lowest score was in innovation followed by institutions and business sophistication. Among efficiency enhancers, the country also received a low, 3.9 score on financial market development.
Hungary reached its highest ranking in the infrastructure category (48th) and the lowest in institutions (97th). Hungary was preceded in the ranking by the Czech Republic in 31st place, Poland in 41st place and Romania in 53rd place, but was ahead of Slovakia, in 67th place.
These regional countries in contrast to Hungary saw a rise in their rankings.
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