Hungary in world top considering the importance of expats in economy
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New data has revealed which countries around the world see the biggest impact on their local economy as a result of their expat population with Hungary coming 6th.Â
The research comes from the experts at William Russell, who ranked over 30 countries on factors such as employment rates, further education rates and financial contributions to the economy.
You can view the full Expat Economy Index HERE.
Where do expats contribute the most?
The below table shows the top ten countries where expats contribute the most to their local economy. A score above 1 in the revenue per capita ratio indicates that the economic contributions from foreign-born residents are higher than native residents.
|
Rank |
Country |
Employment rate |
Unemployment rate |
Tertiary education rate |
Revenue per capita ratio |
Economy contribution score |
|
1 |
New Zealand |
80.8% |
3.2% |
53.1% |
– |
9.31 |
|
2 |
Poland |
80.4% |
5.1% |
59.6% |
– |
9.01 |
|
3 |
United Kingdom |
75.5% |
4.4% |
68.4% |
1.01 |
8.98 |
|
4 |
Israel |
77.9% |
4.6% |
57.7% |
– |
8.68 |
|
5 |
Australia |
74.2% |
5.3% |
59.7% |
0.97 |
8.07 |
|
6 |
Hungary |
80.3% |
3.4% |
39.0% |
– |
7.96 |
|
7 |
Czech Republic |
79.8% |
3.3% |
35.2% |
0.97 |
7.33 |
|
8 |
Portugal |
76.9% |
7.0% |
36.4% |
1.17 |
7.17 |
|
9 |
Luxembourg |
72.8% |
5.9% |
52.8% |
0.97 |
7.16 |
|
9 |
Republic of Ireland |
71.8% |
7.5% |
55.5% |
0.99 |
7.16 |
yet Orban and his neonazi friends are working every day to make Hungary a hostile land for taxpaying expats…