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Bulgaria progressed to 40th place in the ranking of economic freedom

October 8, 2014

Bulgaria ranks 40th out of 152 countries included in the "Economic Freedom of the World: 2014 Annual Report" prepared by the Canadian Institute "Fraser" and disseminated to Bulgaria by the Institute for Market Economics. The report presents the picture in 2012 - the latest year for which official data are available for all countries.

Bulgaria’s result this year is 7.29 points from the maximum of 10, this is a slight increase compared to last year, when the country had 7.28 points and was ranked to 49th place.

Bulgaria ranks 21st among the EU countries and has the same result as Spain. Hong Kong again leads the ranking, followed by Singapore, New Zealand and Switzerland.