Labour productivity remains low
The productivity gap between foreign and domestic enterprises is large
Employment rates of VET graduates are high but few work in high-skill jobs
Higher education graduates have relatively high skills and wages
Labour turnover is low
High unemployment in poorer regions contrasts with labour shortages in richer regions
The rental market is small
Labour market policy spending on training and job placements is low
The minimum wage has grown more strongly than the average wage
There is scope to ease market entry and exit
The competition authority’s budget is low and its caseload is high
Stakeholder consultation in formulating regulations could be improved
Competition in public procurement is low
Government loan schemes remain abundant
Venture capital funds for company expansion remain low
There are large regional disparities in road infrastructure
Hungary is less digitalised than most other OECD countries
Mobile broadband prices remain relatively high
High-speed broadband uptake among businesses is relatively low
Adoption of digital technologies lags behind
Streamlining regulations could boost digital technology adoption and productivity
Restrictions to trade in digital services are relatively high