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

A wounded Bulgarian citizen remains among the Hamas hostages in Gaza

Bulgarian diplomacy, without showing off, is using its influence to free the Bulgarian citizens who are hostages of Hamas in Gaza. We thanked the Bulgarian Ambassador Slavena Gergova and the EU Ambassador to Israel Dimitar Tsanchev, the Bulgarian..

published on 2/19/25 2:51 PM

Premier Zhelyzakov: The governance program is ready and will be reviewed in the next days

"The governance program will be discussed later this week at a meeting of the Council of Ministers, and I hope it will address all questions and expectations from the public'', announced Prime Minister Rosen Zhelyazkov. He also commented on the..

published on 2/19/25 12:07 PM
Premier Rosen Zhelyazkov

Premier Zhelyazkov to participate at the European meeting on Ukraine via videoconference

On February 19,  Bulgaria’s Premier Rosen Zhelyazkov will participate in the second emergency meeting on Ukraine, hosted by French President Emmanuel Macron, the Bulgarian government said in a press release. Bulgaria received an invitation from..

published on 2/19/25 10:14 AM