The industrial confidence indicator in Faroe Islands decreased to -28 in the second half of 2020 from +35 in the first half. source: Statistics Faroe Islands
Business Confidence in Faroe Islands averaged 12.21 points from 2006 until 2020, reaching an all time high of 40 points in the second quarter of 2013 and a record low of -36 points in the first quarter of 2009. This page provides - Faroe Islands Industrial Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Industrial Confidence - values, historical data and charts - was last updated on November of 2020.
Business Confidence in Faroe Islands is expected to be 14.24 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Faroe Islands to stand at 13.94 in 12 months time. In the long-term, the Faroe Islands Industrial Confidence is projected to trend around 13.58 points in 2021 and 13.55 points in 2022, according to our econometric models.