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Hungary ranks third in the world in this business sector

Hungary ranks third in the world in this business sector

According to new research, Hungarian companies have the third highest chance of surviving the first year among EU countries, with a survival rate of 95.10%!

As part of the Global Business Report Public benefit auction They analyzed first-year business survival rates in the European Union and found that, on average, 82.5% of businesses survived their first 12 months on the continent. You can view the poll here. Top 10 EU countries with the highest one-year business survival rates:

classification

nation

One-year survival rate

1

Sweden

97.1%

2

Holland

95.7%

3

Hungary

95.1%

4

Belgium

93.8%

5

Greece

92.7%

6

Luxembourg

86.7%

7

Austria

85.7%

8

Slovakia

84.5%

9

Poland

84.2%

10

Slovenia

84.1%

As the research revealed:

  • With a business score of 8.49 out of 10, the Netherlands is the best country in the world to start a new business. The district scored highly on employment, education, and one-year survival.

  • Luxembourg has the highest average salary (£61,695), followed by Ireland (£61,657), Norway (£53,919), Switzerland (£51,981) and the United States (£50,622). ).

You can view the search by clicking here here.

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