October 9th, 2019
Hungary has placed 47th among 141 countries in an annual competitiveness ranking compiled by the World Economic Forum (WEF). Hungary moved up one spot on the index from last year, when the ranking included 140 countries. Hungary's score on this year's Global Competitiveness Index was 65.1 on a scale of 0-100, up from 64.3 a year earlier. The country's score for institutions rose to 55.7 from 54.2, its score for infrastructure climbed to 80.7 from 78.4, and the score for macroeconomic stability was unchanged at 90.0.