COUNTRY PROFILE. Bulgaria
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1 COUNTRY PROFILE Bulgaria
2 Statistical tables Factor I: Economic Performance WORLD COMPETITIVENESS RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 1
3 COMPETITIVENESS TRENDS - OVERALL BULGARIA OVERALL PERFORMANCE (63 countries) CHALLENGES IN 2018 Improve Improve judicial judicial and and public public administration administration performance performance and and efficiency. Free up labour force from the public to the private sector. Focus EU funds devoted to the labour market towards professional and management education. Prioritize the development of the national innovation system both in policy-making and budgeting. Improve transparency and European integration of the Bulgarian energy system. Provided Centre for by: the Study of Democracy, Sofia Centre for the Study of Democracy, Sofia BASIC FACTS Rank Capital Land area (square km '000) Sofia Exchange Rate (per $) Population - market size (millions) Gross Domestic Product (GDP) (US$ billions) GDP (PPP) per capita (US$) 21, Real GDP growth (%) Consumer price inflation (%) Unemployment rate (%) Labor force (millions) Current account balance (% of GDP) Direct investment stocks inward ($bn) Direct investment flows inward (% of GDP) COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
4 COMPETITIVENESS TRENDS - FACTOR BREAKDOWN BULGARIA ECONOMIC PERFORMANCE Sub-Factor Rankings : 2017 Domestic Economy 52 International Trade 17 International Investment 41 Employment 51 Prices GOVERNMENT EFFICIENCY Sub-Factor Rankings : 2017 Public Finance 35 Tax Policy 20 Institutional Framework 50 Business Legislation 44 Societal Framework BUSINESS EFFICIENCY Sub-Factor Rankings : 2017 Productivity & Efficiency 46 Labor Market 58 Finance 57 Management Practices 60 Attitudes and Values INFRASTRUCTURE Sub-Factor Rankings : 2017 Basic Infrastructure 49 Technological Infrastructure 39 Scientific Infrastructure 53 Health and Environment 52 Education
5 WORLD COMPETITIVENESS DIGITAL RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 4
6 DIGITAL TRENDS - OVERALL BULGARIA OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors Knowledge Talent Training & education Scientific concentration Technology Regulatory framework Capital Technological framework The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries)
7 u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES BULGARIA KNOWLEDGE Subfactors Talent Training & education Scientific concentration Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 43 Employee training 56 Total expenditure on R&D (%) 42 International experience 54 Total public expenditure on education 36 Total R&D personnel per capita 33 w Foreign highly-skilled personnel 57 Higher education achievement 39 u Female researchers 7 Management of cities 49 u Pupil-teacher ratio (tertiary education) 16 R&D productivity by publication 50 Digital/Technological skills 27 Graduates in Sciences 47 Scientific and technical employment 39 Net flow of international students 52 Women with degrees 24 u High-tech patent grants 10 TECHNOLOGY Subfactors Regulatory framework Capital Technological framework Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 47 IT & media stock market capitalization 37 Communications technology 27 Enforcing contracts 31 Funding for technological development 49 Mobile Broadband subscribers 37 Immigration laws 50 Banking and financial services 40 Wireless broadband 27 Development and app. of technology 57 Investment risk 52 Internet users 44 w Scientific research legislation 57 Venture capital 49 u Internet bandwidth speed 22 Intellectual property rights 53 u Investment in Telecommunications 23 High-tech exports (%) 45 FUTURE READINESS Subfactors Adaptive attitudes Business agility IT integration Adaptive attitudes Rank Business agility Rank IT integration Rank E-Participation 37 Opportunities and threats 51 E-Government 43 Internet retailing 46 Innovative firms 40 w Public-private partnerships 58 Tablet possession 45 Agility of companies 56 Cyber security 50 Smartphone possession 41 w Use of big data and analytics 60 Sofware piracy 50 Attitudes toward globalization 51 w Knowledge transfer 59 6
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