Hungary FDI ranks 1st among V4 group, conference

Budapest, May 24 (MTI) – Hungary ranked first among the Visegrad Four countries with its 1,847 euro per capita foreign direct investment last year, it was established at an international conference analysing economic trends in the V4 group.

Foreign trade declined as a consequence of the economic crisis in all four countries, then picked up first in mid summer 2009 in the Czech Republic, Poland and Slovakia and from November in Hungary, a statement about the conference’s findings said.

 

Out of Hungary’s total FDI, 14 percent went to the other three Visegrad countries last year, said the statement.

 

Within the group, Hungary’s most important external market has been Slovakia, with 3.3 percent of the country’s exports going there in 2011.

 

In the V4, Poland has accounted for the highest ratio of 4.8 percent within Hungary’s total volume of imports in 2011, the statement said.

 

The conference was co-organised by ICEG European Centre and Budapest Business School BGF.



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