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

Bulgaria lags behind in economic competitiveness: Global Competitiveness Yearbook 2021

Photo: archive

Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.

The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption. 



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

Nearly 60% of students resort to supplementary tutoring

Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation at school, which is not sufficient for applying for high school or university. This is shown by a..

published on 7/4/24 6:04 PM

DPS will not propose a government with the second cabinet-forming mandate

The Movement for Rights and Freedoms (DPS) will immediately return the second  government- forming  mandate , DPS Co-chairman Delyan Peevski told journalists. He added that the country is heading towards new elections.  "The second mandate..

published on 7/4/24 3:47 PM
Caretaker Premier Dimitar Glavchev

Premier Glavchev: Bulgaria has not been pressured to change its position on North Macedonia

Bulgaria's position regarding the Republic of North Macedonia remains unchanged - our country insists that the signed agreements be respected, caretaker Premier and Minister of Foreign Affairs Dimitar Glavchev said at a hearing in Parliament on the..

published on 7/4/24 2:58 PM