Bulgaria is ranked 57th in the world in competitiveness

This is stated in the annual report of the World Economic Forum. Bulgaria ranks before several countries from the EU - Greece, Syprus, Romania, Slovenia, Slivakia and Hungary. The factors contributing to the good position of Bulgaria among the 148 countries being monitored are - macroeconomic stability - banked 30th, and technological availability - 44th. What brings the ranking lower is the quality of its institutions -  ranked 107th, and the effectiveness of the labour force - 61th.

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