The industrial confidence indicator in Bulgaria edged down to 26.4 in June of 2019 from 27.5 in the previous month. Expectations over the next three months regarding production (17.1 from 18.9 in May); selling prices (3.7 from 4.3) and employment (-0.7 from -0.5) deteriorated. Also, prospects for the business situation over the next six months declined to 17.2 from 21.3. Business Confidence in Bulgaria averaged 21.66 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 26.80 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 20.00 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 21.00 Index Points in 2020, according to our econometric models.

Bulgaria Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 09:00 AM Business Confidence Mar 25.7 26.1 27
2019-04-30 08:00 AM Business Confidence Apr 27.7 25.7 25.2
2019-05-30 08:00 AM Business Confidence May 27.5 27.7 27.1
2019-06-28 08:00 AM Business Confidence Jun 26.4 27.5 26.8
2019-07-29 08:00 AM Business Confidence Jul 26.4 26
2019-08-29 08:00 AM Business Confidence Aug
2019-09-30 08:00 AM Business Confidence Sep 24


Bulgaria Business Last Previous Highest Lowest Unit
Business Confidence 26.40 27.50 50.30 -20.90 Index Points [+]
Industrial Production 0.60 2.70 19.50 -22.60 percent [+]
Industrial Production Mom 0.00 -1.60 10.50 -11.40 percent [+]
Manufacturing Production 0.90 4.70 34.70 -26.60 percent [+]
Capacity Utilization 78.00 78.50 78.50 52.00 percent [+]
Changes in Inventories 271.69 320.28 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 9.70 -1.40 32.30 -32.20 percent [+]
Steel Production 50.00 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 3032.00 3630.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
26.40 27.50 50.30 -20.90 1997 - 2019 Index Points Monthly




Country Last Previous
Australia 2.00 Jun/19
Brazil 57.40 Jul/19
Canada 52.40 Jun/19
China 49.40 Jun/19
Euro Area 0.17 Jun/19
France 102.00 Jun/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.80 Jun/19
Japan 7.00 Jun/19
Mexico 51.20 Jun/19
Netherlands 3.30 Jun/19
Russia -1.00 Jun/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 75.00 Jun/19
Spain -3.70 Jun/19
Switzerland 93.60 Jun/19
Turkey 102.50 Jun/19
United Kingdom -32.00 Sep/19
United States 51.70 Jun/19


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