Hungary maintained its rankings of 23rd among the economies of Europe and 34th among high-income group economies, the ministry said. Five of seven gauges of Hungary's innovation improved, it added.

Hungary ranks number one in terms of FDI inflows, seventh in high-tech manufacturing, ninth in public research-industry co-publications and eleventh in production and export complexity.

Hungary ranks 36th among the 133 countries featured in the Global Innovation Index. It is in 25th place in terms of knowledge and technology outputs and in 28th in business sophistication.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

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