Bulgaria has been ranked 54th among 144 countries in the Global Competitiveness Report 2014-2015 of the World Economic Forum.

The Report assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. Its series remains the most comprehensive assessment of national competitiveness worldwide.

For a third year in a row Bulgaria improves its indices and already outplays several other EU member states, such as Romania, Hungary, Slovenia, Slovakia, Croatia and Greece.

The chart is topped by Switzerland, followed b by Singapore, the USA, Finland and Germany. The top ten is also comprised of Japan, Hong Kong, the Netherlands, the UK and Sweden.

Speaking of Bulgaria, the country faces weaknesses in terms of attracting and keeping talented young people. It also has poor results in terms of the institutions. The report recommends fast introduction of the electronic government, higher transparency, real dialogue with the civil society and the business.

The see the entire report, click here.

Date: 03.09.2014

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