Business Confidence in Cyprus decreased to 81.40 points in September from 83.20 points in August of 2020.

Business Confidence in Cyprus averaged 99.58 points from 2001 until 2020, reaching an all time high of 114.90 points in August of 2007 and a record low of 68 points in April of 2013. This page provides - Cyprus Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Business Confidence in Cyprus is expected to be 86.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Cyprus to stand at 103.00 in 12 months time. In the long-term, the Cyprus Business Confidence is projected to trend around 108.00 points in 2021 and 110.00 points in 2022, according to our econometric models.

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Cyprus Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
81.40 83.20 114.90 68.00 2001 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-29 09:00 AM Jun 79.7 76.8 76
2020-07-30 09:00 AM Jul 81.2 79.7 81
2020-08-28 09:00 AM Aug 83.2 81.2 84
2020-09-29 09:00 AM Sep 81.4 83.2 86
2020-10-29 10:00 AM Oct 81.4 79.2
2020-11-27 10:00 AM Nov

Cyprus Business Last Previous Highest Lowest Unit
Business Confidence 81.40 83.20 114.90 68.00 points [+]
Industrial Production -5.40 -9.00 16.50 -35.80 percent [+]
Manufacturing Production -4.10 -5.10 15.60 -38.30 percent [+]
Car Registrations 4137.00 3217.00 7077.00 3.00 [+]
Internet Speed 6912.45 7114.94 7168.18 758.95 KBps [+]
IP Addresses 368293.00 364202.00 368293.00 93569.00 IP [+]
Mining Production -1.10 14.90 71.40 -71.10 percent [+]
Competitiveness Index 66.39 65.57 66.39 4.22 Points [+]
Competitiveness Rank 44.00 44.00 65.00 34.00 [+]
Ease of Doing Business 54.00 57.00 60.00 36.00 [+]
Electricity Production 390.00 343.00 619.00 278.00 Gigawatt-hour [+]
Corruption Index 58.00 59.00 66.00 53.00 Points [+]
Corruption Rank 41.00 38.00 47.00 27.00 [+]


Cyprus Business Confidence
In Cyprus, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.