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by pas 627 days ago
> if Pakistan was doing half as well as Hungary, it would be an awesome place.

Of course, my point is exactly that, there's always scapegoats, and even though 1-2 percents over long term matters a lot, and people instinctively know that folks in richer countries tend to have it better ... hence why migrants did not stop in Hungary and went straight to Germany. And similarly, people risk a lot to get to the US, even though Mexico is amazing compared to - let's say - El Salvador 5 years ago.

So those 1-2 percents.

Poland's economy has been growing roughly 3times faster over the past year than Hungary's. (And before that Poland was usually 1+ basis points above.[0])

Poland's debt-to-GDP ratio is more than than 20 basis points lower than Hungary's.

Hungary's actual individual consumption is the last in the EU. [1]

But at least Hungary had the best inflation hump. [2]

It would be good to see Hungary springing back to life, but currently things are not great.

[0] https://ec.europa.eu/eurostat/databrowser/bookmark/cf98cf45-...

[1] https://ec.europa.eu/eurostat/statistics-explained/index.php...

[2] https://ec.europa.eu/eurostat/databrowser/bookmark/e1be8012-...