Bulgaria falls 3 places in global ICT ranking.

By bne IntelliNews March 26, 2010
Bulgaria ranked 71 st  out of 133 countries in terms of networked readiness index thus falling 3 places from its 2008 position, according to the Global Information Technology Report of the World Economic Forum (WEF). The country scored 3.66 in the newly released report as compared to 3.8 in the previous one. Bulgaria performed worst among EU members and on a par with Turkey (69th place) and Macedonia (73rd place) from the countries in the region. The index aims at assessing the different degrees to which countries leverage ICT in daily activities in order to effectively boost growth and prosperity in daily activities. It has three dimensions: business, regulatory and infrastructure environment for ICT; readiness of persons, companies and governments to use ICT and real usage of ICT. Some of the main weaknesses comprise important flaws in the quality of its market (88th) and regulatory environment (104th), high ICT access costs (111th for its mobile telephone tariffs), and inadequate ICT prioritization and use by the government (98th and 61st for government readiness and usage, respectively). Some of the main strengths are in the following aspects: internet bandwidth (6th), mobile telephone subscriptions (12th) and residential telephone connection charge (20th). Bulgaria is well position in terms of number of procedures required to start a business (13th) but the effect has been compensated by the time required to start a business (61st).

Related Articles

EC urges Bulgaria to comply with EU rules on free movement of capital.

The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more

Govt seeks delay of antitrust rules violation procedure against Bulgaria.

Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more

Bulgarians hold EUR 100mn in deposits in Cyprus.

Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss