{"id":14465,"date":"2018-11-05T17:55:49","date_gmt":"2018-11-05T15:55:49","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=14465"},"modified":"2018-11-06T19:16:13","modified_gmt":"2018-11-06T17:16:13","slug":"bulgaria-ranks-51st-among-140-countries-in-world-economic-forums-global-competitiveness-index","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/bulgaria-ranks-51st-among-140-countries-in-world-economic-forums-global-competitiveness-index\/","title":{"rendered":"Bulgaria Ranks 51st among 140 Countries in World Economic Forum\u2019s Global Competitiveness Index"},"content":{"rendered":"

 <\/p>\n

\"\"Bulgaria is positioned 51st with 63.6 points out of 100 in this year\u2019s edition of the <\/span>Global Competitiveness Index<\/span><\/i>, prepared by the World Economic Forum. The index measures the ability of each country to provide prosperity for its citizens. The score of each country is based on 12 main categories, including general macroeconomic stability, institutions, labor market, financial system, infrastructure, business dynamics, application of new technologies, innovation capacity, etc.<\/span><\/p>\n

Bulgaria\u2019s score<\/span> stands close to that of Romania, Uruguay and Bahrain, slightly improving compared to last year. In the overall ranking<\/span>,<\/span> however, the country retains the same position as in 2017, as some of the countries are improving faster.<\/span><\/p>\n

Keeping its last year position, Bulgaria is ranked as the most competitive economy <\/span>of <\/span>the Balkans, outpacing Romania (52<\/span>nd<\/span> position), Greece (57<\/span>th<\/span>), Turkey (61<\/span>st<\/span>), Serbia (65<\/span>th<\/span>), Montenegro (71<\/span>st<\/span>), Albania (76<\/span>th<\/span>), Macedonia (84<\/span>th<\/span>) and <\/span>Bosnia <\/span>and Herzegovina (91<\/span>st<\/span>). \u00a0<\/span><\/p>\n

The upward trend in our country was driven by digital services. In \u201cImplementation of Information and Communication Technologies\u201d Bulgaria is positioned 30<\/span>th<\/span>. The next highest score for our country is in \u201cCapacity for Innovation\u201d, where Bulgaria is 48<\/span>th<\/span>. We also ranked high in \u201cLabor Market\u201d \u2013 50<\/span>th<\/span>, and \u201cMacroeconomic Stability\u201d \u2013 52<\/span>nd<\/span>. Furthermore, Bulgaria takes a high position in terms of <\/span>the <\/span>\u201cInfrastructure\u201d criterion \u2013 58<\/span>th<\/span>.<\/span><\/p>\n

Bulgaria\u2019s score in \u201cInstitutions\u201d and \u201cHealth\u201d remained lower, ranking 70th for both indicators.<\/span><\/p>\n

The lowest are the indicators for \u201cOrganized crime\u201d and \u201cProtection of property rights\u201d, \u201cEffectiveness of the judicial system\u201d, \u201cEasy hiring of skilled workforce\u201d, “Extent of staff training” and “<\/span>Skills of the future workforce<\/span>\u201c.<\/span><\/p>\n

This year, the ranking includes 140 countries <\/span>from all<\/span> around the world. The three most competitive countries are the United States with 85.6 points, Singapore with 83.5 and Germany with 82.8. Chad stands last with 35.5 points.<\/span><\/p>\n

The full report of the World Economic Forum is available for download here<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

  Bulgaria is positioned 51st with 63.6 points out of 100 in this year\u2019s edition of the Global […]<\/p>\n","protected":false},"author":9,"featured_media":14372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169],"tags":[],"class_list":["post-14465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/14465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=14465"}],"version-history":[{"count":0,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/14465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/14372"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=14465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/categories?post=14465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/tags?post=14465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}