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

The fixed electricity price for households remains... for now

The liberalisation of electricity prices for households has been postponed indefinitely. Even after 1 July, the Energy and Water Regulatory Commission (EWRC) will continue to set the price, as MPs approved amendments to the Energy Act in the second..

published on 5/16/25 4:22 PM
Kostadin Kostadinov

The nationalist party 'Vazrazhdane' is organising an event in Sofia to 'save the Bulgarian lev'

The nationalist party is holding an event at the National Palace of Culture (NDK) in Sofia today at 6:30 pm, which is being promoted as a discussion on 'saving the lev' (the Bulgarian currency - ed.)   Among the participants will be the party’s MEP..

published on 5/16/25 4:16 PM
L-R Nathaniel Copsey, Petar Dilov, Chris Barton and Nevena Lazarova.

The UK Trade Commissioner for Europe is visiting Bulgaria

The Minister of Economy and Industry, Petar Dilov, met with Chris Barton, His Majesty's Trade Commissioner for Europe , who is currently visiting Bulgaria on an official trip. The meeting was also attended by His Excellency Nathaniel Copsey, the United..

published on 5/16/25 2:49 PM