Business confidence in Indonesia decreased to 104.71 in the final quarter of 2018 from 108.05 in the previous period and reaching the weakest reading since the first quarter 2017. There was a deterioration in both income expectations (106.25 vs 111.36 in Q3) and usage of production capacity (105.49 vs 110.80), while average working hours were little changed (102.40 vs 102.00). Business Confidence in Indonesia averaged 106.83 Index Points from 2000 until 2018, reaching an all time high of 122.50 Index Points in the second quarter of 2000 and a record low of 95.12 Index Points in the first quarter of 2006.

Business Confidence in Indonesia is expected to be 107.30 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 Indonesia to stand at 105.00 in 12 months time. In the long-term, the Indonesia Business Confidence is projected to trend around 108.00 Index Points in 2020, according to our econometric models.

Indonesia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-07 05:00 AM Business Confidence 106.28 111.02 112.6
2018-08-06 05:00 AM Business Confidence 112.82 106.28 111.80
2018-11-05 05:00 AM Business Confidence 108.05 112.82 111.6
2019-02-06 04:30 AM Business Confidence 104.71 108.05 106.9
2019-05-06 05:00 AM Business Confidence 104.71 107.2
2019-08-06 05:00 AM Business Confidence 106.5
2019-11-05 05:00 AM Business Confidence 106


Indonesia Business Last Previous Highest Lowest Unit
Business Confidence 104.71 108.05 122.50 95.12 Index Points [+]
Manufacturing PMI 50.10 49.90 58.50 46.40 [+]
Industrial Production 0.60 0.70 34.50 -25.40 percent [+]
Industrial Production Mom 0.00 -0.50 29.17 -24.80 percent [+]
Capacity Utilization 75.18 75.33 79.78 62.43 percent [+]
Changes in Inventories 1646.41 45518.35 82372.21 -57612.55 IDR Billion [+]
Car Registrations 81218.00 87846.00 115974.00 1898.00 [+]
Internet Speed 7203.29 6748.49 7203.29 599.80 KBps [+]
IP Addresses 2826875.00 2730339.00 7663463.00 275643.00 IP [+]
Competitiveness Index 64.94 63.49 64.94 4.18 Points [+]
Competitiveness Rank 45.00 47.00 55.00 34.00 [+]
Copper Production 191333.00 202928.00 402320.00 17341.00 Tonnes [+]
Corruption Index 38.00 37.00 38.00 17.00 Points [+]
Corruption Rank 89.00 96.00 143.00 41.00 [+]
Ease of Doing Business 73.00 72.00 129.00 72.00 [+]


Indonesia Business Confidence

In Indonesia, the Business Tendency Index (BTI) measures the expectations of entrepreneurs about current business income, production capacity, average working hours and future domestic and foreign orders, selling prices and raw materials. The survey covers a sample of around 2000 managers from large and medium companies from almost all regions of the country and from the main sectors of the economy (Agriculture, Mining and Quarrying, Manufacturing, Electricity, Gas and Water, Construction, Trade, Hotels, Transportation and Communication, Financial and Services). For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a weighted average of those proportions. The BTI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides - Indonesia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Business Confidence - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
104.71 108.05 122.50 95.12 2000 - 2018 Index Points Quarterly




Country Last Previous
Australia 2.00 Feb/19
Brazil 64.50 Feb/19
Canada 50.60 Feb/19
China 49.20 Feb/19
Euro Area 0.69 Feb/19
France 103.00 Feb/19
Germany 98.50 Feb/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 101.70 Feb/19
Japan 19.00 Dec/18
Mexico 51.30 Feb/19
Netherlands 6.30 Feb/19
Russia -2.00 Feb/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 69.00 Feb/19
Spain -4.90 Feb/19
Switzerland 92.40 Feb/19
Turkey 97.20 Feb/19
United Kingdom -23.00 Mar/19
United States 54.20 Feb/19


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