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

Bulgarian government approves a €120m solar panel project with Smart Solar Technologies AD

The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant."  This project will be..

published on 8/21/24 2:40 PM

Families are taking out more quick loans to cover consumer expenses

For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..

published on 8/19/24 8:50 AM

Natural gas prices are expected to decrease by 2% in September

Natural gas prices are expected to decrease by around 2% in September, according to a forecast by Bulgargaz. This is clear from the request submitted to the Energy and Water Regulatory Commission (EWRC). The company informs that next month, the..

published on 8/17/24 2:47 PM