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

Young doctors call for minimum wage of no less than 150% of the average salary

Doctors without a speciality and nurses should receive a minimum wage of 150% of the average salary in the country. This was proposed at a round table in the National Assembly by protesting doctors from the “Future in Bulgaria”..

published on 7/3/25 8:57 AM

The Omani Minister of Foreign Affairs is visiting Bulgaria

The Sultanate of Oman's Minister of Foreign Affairs, Sayyid Badr bin Hamad Al Busaidi, will visit Bulgaria from 2 to 4 July 2025 at the invitation of his Bulgarian counterpart, Georg Georgiev, the Bulgarian Foreign Ministry announced on Wednesday...

published on 7/3/25 8:45 AM

MPs to discuss a third no-confidence vote in the Zhelyazkov cabinet

The National Assembly will debate the third motion of no confidence in Rosen Zhelyazkov's government today. The vote will take place no earlier than 24 hours after the end of the debates.  Proposed on 27 June by the Vazrazhdane party, the motion of..

published on 7/3/25 7:15 AM