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

IMF predicts 2.8 per cent inflation in Bulgaria in 2024

Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..

published on 10/22/24 6:44 PM

Bulgaria's public debt for 2023 was 22.9% of GDP

In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...

published on 10/22/24 1:23 PM

Career and Life - Why in Bulgaria Forum took place in London

A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..

published on 10/21/24 9:28 AM