Bulgaria climbs one place up to 18th out of 48 locations around the world in the global Manufacturing Risk Index 2019 produced by Cushman & Wakefield consultant company.
The index evaluates the countries according to 20 different criteria in order to reach the final rankings in three categories: General conditions, Operational expenses and Risk. The report analyses locations that are considered the most attractive for expansion and/or relocation of the activities by the global manufacturers. Our country is regularly in the ranking and among the first 20 countries because of the low operational expenses and the good conditions for industrial production.
The leaders in the index for 2019 are China because of the high government investments in technologies, and the USA because of the minimal risk of economic and political threats.
Among the European countries, the best-performer is the Czech Republic (number 6 in the overall ranking). Some other Central European countries which are also in top positions are Poland, Latvia and Hungary.
China is also leading the ranking when it comes to low operational expenses. Generally, the Asian countries dominate Top 10 on this criteria. The only countries outside Asia in Top 10 in this category are Lithuania and Romania – in the 8th and 9th position respectively.
The entire report Manufacturing Risk Index 2019 is accessible here.