THE LEVEL OF SOCIO-ECONOMIC DEVELOPMENT OF THE VISEGRÁD COUNTRIES IN 1995–2023

Abstract

This article aims to analyse the level of socio-economic development of the Visegrád countries (V4) from 1995 to 2023. It presents the situation prior to EU accession, the pre-pandemic period, the effects of the pandemic in 2020–2021, and the years 2022–2023.  The data source for the analysis is World Bank Data. This study employed taxonomic analysis, a non-model method. Eleven variables were analysed over the study period. The analysis revealed an increase in socio-economic development in the period considered and a statistically significant decrease in the demographic development change dynamics index during the pandemic.