Hungary - Production Value of Scientific Research and Development Activities
Since 2014, Hungary Production Value of Scientific Research and Development Activities jumped by 8.6% year on year. In 2019, the country was number 14 comparing other countries in Production Value of Scientific Research and Development Activities with €1,066.4 Million. Hungary is overtaken by Austria, which was ranked number 13 with €1,381.6 Million and is followed by Poland with €918.4 Million. United Kingdom topped the ranking with €40,065.5 Million in 2019, that is +14.8% compared to 2018. Germany, Switzerland and France respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +38% per year, while Bulgaria was the worst growing country at -5.9% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 1,066.40 |
| 2018 | 1,029.30 |
| 2017 | 935.90 |
| 2016 | 815.50 |
| 2015 | 756.40 |
How does Hungary rank in Production Value of Scientific Research and Development Activities?
| # | 32 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
40,065.50 | 2019 | +14.8 % | +13.4 % | View data | |
| 2 |
#2
Germany
|
18,721.80 | 2019 | +5.4 % | +6.9 % | View data | |
| 13 |
#13
Austria
|
1,381.60 | 2019 | +8.7 % | +4.3 % | View data | |
| 14 |
#14
Hungary
|
1,066.40 | 2019 | +3.6 % | +8.6 % | View data | |
| 15 |
#15
Poland
|
918.40 | 2019 | -0.8 % | +13.9 % | View data | |