Bulgaria is the 49 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum.

Competitiveness Rank in Bulgaria averaged 63.69 from 2007 until 2019, reaching an all time high of 79 in 2008 and a record low of 49 in 2019. This page provides the latest reported value for - Bulgaria Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Competitiveness Rank - values, historical data and charts - was last updated on July of 2020. source: World Economic Forum

Competitiveness Rank in Bulgaria is expected to reach 51.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Competitiveness Rank is projected to trend around 51.00 in 2021, according to our econometric models.

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Bulgaria Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
49.00 51.00 79.00 49.00 2007 - 2019 Yearly

Bulgaria Business Last Previous Highest Lowest Unit
Business Confidence 10.90 1.20 50.30 -20.90 points [+]
Industrial Production -15.70 -6.80 19.50 -22.60 percent [+]
Industrial Production Mom -11.40 -5.00 10.50 -11.40 percent [+]
Manufacturing Production 2.40 2.50 34.70 -26.60 percent [+]
Capacity Utilization 68.20 77.30 78.50 52.00 percent [+]
Changes in Inventories 238.57 -361.99 1257.20 -361.99 BGN Million [+]
Internet Speed 15540.59 15565.74 15815.16 2019.80 KBps [+]
IP Addresses 1705695.00 1691274.00 1711455.00 538107.00 IP [+]
Mining Production -8.50 -11.30 32.30 -32.20 percent [+]
Steel Production 50.00 50.00 245.00 20.00 Thousand Tonnes [+]
Ease of Doing Business 61.00 59.00 61.00 36.00 [+]
Electricity Production 4070.00 3785.00 4961.00 2615.00 Gigawatt-hour [+]
Competitiveness Index 64.90 63.56 64.90 3.92 Points [+]
Competitiveness Rank 49.00 51.00 79.00 49.00 [+]
Corruption Index 43.00 42.00 43.00 29.00 Points [+]
Corruption Rank 74.00 77.00 86.00 45.00 [+]


Bulgaria Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.