Bulgaria

Economic Freedom Rating, 5-Yr Change - Bulgaria Compared to Continent

Footnote

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Bosnia & H.	32.31%
Romania	21.55%
Turkey	17.08%
Slovak Rep.	16.54%
Belarus	12.42%
Albania	11.51%
France	10.46%
Bulgaria	10.38%
Denmark	8.24%
Malta	8.03%
Hungary	6.67%
Belgium	4.94%
Slovenia	4.93%
Iceland	4.10%
Latvia	3.56%
Austria	3.52%
Netherlands	2.94%
UK	2.67%
Norway	2.60%
Croatia	2.49%
Greece	2.11%
Germany	2.03%
Ireland	1.76%
Macedonia	1.72%
Lithuania	1.65%
Czech Rep.	1.56%
Finland	1.54%
Spain	1.27%
Switzerland	0.91%
Sweden	0.53%
Estonia	0.05%
Ukraine	-0.04%
Portugal	-0.99%
Russia	-1.79%
Moldova	-2.65%
Cyprus	-2.75%
Italy	-2.85%
Poland	-3.77%
Luxembourg	-5.93%

Bulgaria: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a country’s score on the Heritage Foundation’s freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

Bulgaria began to produce quarterly house price statistics in 2006. The figures are issued by the National Statistical Office. Interest rate and other macroeconomic and monetary statistics are on the Bulgarian National Bank site.