Member of

European union

EUROZONE

NATO

World trade organisation

#2 MOST INNOVATIVE UPPER MIDDLE INCOME COUNTRY IN THE WORLD

Global Innovation Index, Cornell, 2021

  • Member of the EU, Eurozone and Schengen Area
    Fast and easy market access to all of Europe and Southwest Asia, with NO TARRIF on EU countries and Turkey.

  • Highly educated population
    Bulgaria is among the world’s top-performing countries in mathematics, with over 60 gold medals from international math olympiads.

    Education is also strongly focused on languages:


    • 98% of high school students study a foreign language
      , most commonly English

    • 73% study a second foreign language
      , such as German, French, Spanish, or Russian (ITA, 2022)

#5

BEST OFFSHORING DESTINATION IN EUROPE

Global Services Location Index, A.T. Kearney, 2021

#22

Sound money

Fraser Institute, 2020

#32

Economic freedom

Fraser Institute, 2020

#49

Global Competitiveness Index

World Economic Forum 2019

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