V4 Countries Competitiveness

Roman Serenčéš, Dáša Klenková, Luboš Hano 

(Institute of Economic Policy and Finance, Faculty of Economics and Management, Slovak University of Agriculture, Slovakia)

Abstract: This article is aimed at evaluating the results of an analysis that compares the competitive position of the V4 countries in the years 2010 to 2021, focusing on the development of indicators in the four main factors of the selected competitiveness index. In the evaluation of the competitive position, the V4 countries are ranked below the EU average, while the Czech Republic is the best-rated country on several indicators, followed by Poland, Hungary, and the last fourth place belongs to Slovakia.

Key words: competitiveness, V4 countries, index, prosperity

JEL codes: F62, P51, R11

1. Introduction