Text size

Bulgaria is a Balkan leader in economic freedom

published on 3/5/21 2:06 PM

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!

Radio Bulgaria Economy Balkans economic freedom Heritage Foundation index judiciary

More from category

Sofia best city in Europe to retire to: Moneypenny survey

Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..

published on 8/6/24 11:29 AM

The Bulgarian National Bank has lowered the base interest rate

The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..

published on 8/1/24 11:39 AM

Low debt, Euro aspiration and EU membership are the positive factors in Moody's assessment of Bulgaria

Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..

published on 7/30/24 12:30 PM