The industrial confidence indicator in Bulgaria rose to 27.7 in April 2019 from 25.7 in the previous month, as a result of the more optimistic industrial entrepreneurs’ expectations about the business situation of the enterprises over the next 6 months. Their forecasts concerning the production activity over the next 3 months also improved, which was not accompanied by increased expectations about the export over the next 3 months. Business Confidence in Bulgaria averaged 21.62 Index Points from 1997 until 2019, reaching an all time high of 50.30 Index Points in July of 2007 and a record low of -20.90 Index Points in February of 1997.

Business Confidence in Bulgaria is expected to be 25.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Bulgaria to stand at 26.00 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 22.00 Index Points in 2020, according to our econometric models.

Bulgaria Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-30 09:00 AM Business Confidence 28.4 24.3 26.5
2019-02-28 09:00 AM Business Confidence 26.1 28.4 27.8
2019-03-29 09:00 AM Business Confidence 25.7 26.1 27
2019-04-30 08:00 AM Business Confidence 27.7 25.7 25.2
2019-05-30 08:00 AM Business Confidence 27.7
2019-06-28 08:00 AM Business Confidence 25
2019-07-29 08:00 AM Business Confidence


Bulgaria Business Last Previous Highest Lowest Unit
Business Confidence 27.70 25.70 50.30 -20.90 Index Points [+]
Industrial Production 2.80 6.90 19.50 -22.60 percent [+]
Industrial Production Mom -0.90 1.60 10.50 -11.40 percent [+]
Manufacturing Production 5.50 9.60 34.70 -26.60 percent [+]
Capacity Utilization 78.00 78.50 78.50 52.00 percent [+]
Changes in Inventories 320.28 594.68 1257.20 -318.91 BGN Million [+]
Internet Speed 15540.59 15565.74 15815.16 2019.80 KBps [+]
IP Addresses 1705695.00 1691274.00 1711455.00 538107.00 IP [+]
Mining Production 2.00 16.00 32.30 -32.20 percent [+]
Steel Production 51.00 50.00 245.00 20.00 Thousand Tonnes [+]
Competitiveness Index 63.56 62.38 63.56 3.92 Points [+]
Competitiveness Rank 51.00 51.00 79.00 51.00 [+]
Ease of Doing Business 59.00 50.00 59.00 36.00 [+]
Electricity Production 3966.00 4150.00 4961.00 2615.00 Gigawatt-hour [+]
Corruption Index 42.00 43.00 43.00 29.00 Points [+]
Corruption Rank 77.00 71.00 86.00 45.00 [+]


Bulgaria Business Confidence

In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Business Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
27.70 25.70 50.30 -20.90 1997 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Apr/19
Brazil 56.50 May/19
Canada 55.90 Apr/19
China 50.10 Apr/19
Euro Area 0.42 Apr/19
France 101.00 Apr/19
Germany 99.20 Apr/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 53.00 Apr/19
Netherlands 6.70 Apr/19
Russia -2.00 Apr/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Mar/19
South Korea 75.00 Apr/19
Spain -3.80 Apr/19
Switzerland 96.20 Apr/19
Turkey 105.50 Apr/19
United Kingdom -13.00 Jun/19
United States 52.80 Apr/19


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