Hungary is the 48 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Hungary averaged 53.92 from 2007 until 2018, reaching an all time high of 63 in 2014 and a record low of 38 in 2007.

Hungary Competitiveness Rank
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Hungary Business Last Previous Highest Lowest Unit
Business Confidence 13.10 10.40 17.30 -37.70 Index Points [+]
Industrial Production -0.60 1.60 23.50 -28.99 percent [+]
Industrial Production Mom -2.10 3.90 16.60 -13.10 percent [+]
Manufacturing Production 1.50 6.50 34.80 -31.40 percent [+]
New Orders 98.70 112.00 266.90 50.30 Index Points [+]
Changes in Inventories -141025.00 81985.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 8888.00 12931.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Mining Production 57.00 62.40 138.30 -50.00 percent [+]
Manufacturing Pmi 57.28 57.30 62.00 37.20 [+]
Steel Production 154.00 155.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 64.31 63.43 64.31 4.21 Points [+]
Competitiveness Rank 48.00 48.00 63.00 38.00 [+]
Ease of Doing Business 53.00 48.00 54.00 40.00 [+]
Electricity Production 2679.00 2551.00 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 45.00 48.00 55.00 41.20 Points [+]
Corruption Rank 66.00 57.00 66.00 28.00 [+]


Hungary Competitiveness Rank

The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Hungary Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Competitiveness Rank - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
48.00 48.00 63.00 38.00 2007 - 2018 Yearly




Country Last
United States 1.00 Dec/18
Singapore 2.00 Dec/18
Germany 3.00 Dec/18
Switzerland 4.00 Dec/18
Japan 5.00 Dec/18
Netherlands 6.00 Dec/18
United Kingdom 8.00 Dec/18
Canada 12.00 Dec/18
Australia 14.00 Dec/18
South Korea 15.00 Dec/18
France 17.00 Dec/18
Spain 26.00 Dec/18
China 28.00 Dec/18
Italy 31.00 Dec/18
Saudi Arabia 39.00 Dec/18
Russia 43.00 Dec/18
Indonesia 45.00 Dec/18
Mexico 46.00 Dec/18
India 58.00 Dec/18
Turkey 61.00 Dec/18
South Africa 67.00 Dec/18
Brazil 72.00 Dec/18
Argentina 81.00 Dec/18


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