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 state will continue to provide compensation to businesses over the price of electricity

Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..

published on 7/26/24 3:13 PM

Bulgarians keep more than 75 billion euros in banks, money sent by emigrants is also growing

Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..

published on 7/25/24 9:45 AM

E-commerce to boost Bulgarian-Chinese trade turnover

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..

published on 7/24/24 11:54 AM