Business Confidence in Hungary decreased to 1 points in January from 1.50 points in December of 2019. Hungary Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Hungary averaged -4.19 points from 1996 until 2020, reaching an all time high of 17.30 points in July of 2018 and a record low of -37.70 points in March of 2009. This page provides - Hungary Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Hungary is expected to be 8.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Hungary to stand at 12.00 in 12 months time. In the long-term, the Hungary Business Confidence is projected to trend around 14.00 points in 2021, according to our econometric models.

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Hungary Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.50 17.30 -37.70 1996 - 2020 points Monthly

Hungary Business Confidence
In Hungary, GKI Economic Research business confidence index measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. GKI approaches 5-6 thousand companies with legal status employing more than 20 persons each month. Out of them, some 1000-1200 undertakings respond to its questionnaire. .