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

Bulgaria lags behind in economic competitiveness: Global Competitiveness Yearbook 2021

Photo: archive

Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.

The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption. 



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

Support for protesting Serbian students in Pirot.

Bulgarians and Serbs from Tsaribrod and Pirot support student protests

Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..

published on 2/16/25 10:27 AM

Balkan Stream pipeline exempted from US sanctions on Gazprombank transactions until March 2025

The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..

published on 2/16/25 9:45 AM
Timco Mucunski (L) and Georg Georgiev (R)

North Macedonia's EU membership goes through the inclusion of Bulgarians in its constitution

Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..

published on 2/15/25 5:25 PM