Bulgaria is the most Competitive Economy in the Balkans
Bulgaria remains 51th in the ranking of the World Economic Forum for 2018. According to the index, Bulgaria is the most competitive economy in the Balkans, ahead of Romania (52 positions), Greece (57), Turkey (61), Serbia (65), Montenegro (71), Albania (76) and Bosnia and Herzegovina (91), reports Money.bg
According to the individual criteria, Bulgaria ranks highest in adopting information and communication technologies in business (30 position) and in innovation capacity (48 positions). The worst is the institutions (70), the healthcare (70) and the financial system (71).
Meanwhile, in this year's ranking, the United States is returning to the top position as the most competitive economy in the world for the first time since 2008.
Top 5 include Singapore, Germany, Switzerland and Japan. The results of all these countries have increased since 2017. The World Economic Forum points out that economic recovery is moving at a good pace, expecting almost four percent growth in 2018 and 2019, but a number of risks and potential shocks remain. One of these is the trade war between the US and China. The ranking scores 140 countries by 98 indicators that measure business investment and productivity. Top 10 include Japan, the Netherlands, Hong Kong, the UK, Sweden and Denmark.
- » Ekaterina Zaharieva Openes the 1st Meeting of the National Committee on International Humanitarian Law
- » Bulgarian Fruit and Vegetable Producers seek the resignation of agriculture minister
- » In Recent Years we Sofia Municipality has Restored 38 Monument Busts
- » Hauliers and Carriers Insist that the TOLL System in Bulgaria Be Postponed to 2020
- » The World Bank Office in Bulgaria Opens in 2 Years and will Employs More than 300 People
- » According to the Bulgarian Government it is Realistic to have the Hemus Highway Ready by 2024