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

Funds allocated for the work of Bulgarian associations abroad in 2025

The Bulgarian government has approved a new program to support organizations of Bulgarian communities from Albania, Serbia, Kosovo, Ukraine and Moldova and citizens of North Macedonia with Bulgarian identity for the period October 15, 2025 - December..

published on 10/30/25 9:13 AM

Varna will host forum on Bulgaria's Black Sea coast in the tourist market

Varna is hosting the 18th Black Sea Tourism Forum on the topic "Positions of the Bulgarian Black Sea coast in the tourism market - challenges and prospects". The organizer of the discussions, which will take place on October 30 and 31 in our Black Sea..

published on 10/30/25 6:10 AM

Warm autumn weather will continue on Thursday in Bulgaria

On Thursday, the minimum temperatures in Bulgaria will be from 1 to 6°C, in Sofia - 2°C. The temperatures in the valleys will be slightly lower in the morning, where there will be conditions for frost. In the hours before noon, it will still be foggy..

published on 10/29/25 7:15 PM