Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is a Balkan leader in economic freedom

Photo: Library

Bulgaria has advanced by one position in the ranking of economic freedom of the Heritage Foundation. From 36th place in 2020, it is now 35th in the index out of over 180 countries. The country's score is 70.4 points out of 100 possible points and remains in the group of mostly free economies.

The low score for the efficiency of the judiciary remains low - 43.6 points, and government integrity - 46.8 points. Bulgaria receives the highest score on the indicator of fiscal health - 99.2. It is followed by a tax burden of 93.9, monetary freedom - 85.2, freedom of trade - 84 and investment freedom - 70 points. 
For the region of Europe, Bulgaria is on the 20th place in terms of economic freedom, and for the Balkans it is a leader, investor.bg reports.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The five largest Indian IT companies already have offices in Bulgaria

Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..

published on 10/31/24 5:48 PM

A Bulgarian-Czech Chamber of Commerce established in Sofia

On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..

published on 10/31/24 1:54 PM

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM