Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economic Freedom of the World: 2024 Annual Report

Bulgaria ranks 52nd out of 165 countries for economic freedom

The country continues slide down world economic freedom index

Photo: ime.bg

Bulgaria ranks 52nd in the world in terms of economic freedom in 2024, according to the latest survey by the Canadian Fraser Institute, the Institute for Market Economics (IME) reported. 

The study measures the degree of economic freedom in 165 countries around the world. Bulgaria's lowest score is for the legal system and the rule of law, and in this category it lags behind all other EU member states from Central and Eastern Europe. The study also records a significant drop in the score for monetary stability, as a result of high inflation in 2022 and 2023. Hong Kong, Singapore and Switzerland top the ranking for economic freedom.

In the same ranking for 2023, Bulgaria ranked 43rd out of 165 countries and territories.



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

A warning for dangerous rainfall has been issued for 12 regions in Southern Bulgaria

On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..

published on 11/27/25 6:45 PM

Varna mayor Blagomir Kotsev released pending trial on €102,258 bond

The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..

published on 11/27/25 5:37 PM

Three detained and five police officers injured at last night's protest in Sofia

Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..

published on 11/27/25 3:50 PM