The number of new businesses is low in Hungary but growing rapidly in emerging countries
Despite the global crisis, the number of businesses grew spectacularly in recent years in large emerging economies. While from 2007 to 2011 the number of active businesses increased by only slightly more than 3 percent in the most developed countries of the world, there was a 25 percent growth in this regard within the BRICS group of the largest emerging countries – the survey “Business Births and Deaths” of the international financial and tax consulting network RSM International reveals. News is even worse from a Hungarian perspective as we have the worst result even within the European league: in 2011, the number of active businesses exceeded that of 2007 by only 0.3 percent.
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