Business Confidence in Indonesia decreased to 7.58 points in the third quarter of 2021 from 18.98 points in the second quarter of 2021. source: Bank Indonesia

Business Confidence in Indonesia averaged 8.49 points from 2000 until 2021, reaching an all time high of 21.99 points in the third quarter of 2007 and a record low of -35.75 points in the second quarter of 2020. This page provides - Indonesia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Business Confidence in Indonesia is expected to be 12.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Indonesia Business Confidence is projected to trend around 6.00 points in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Indonesia Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2020-02-05 04:45 AM Q4 104.82 105.33 105
2020-08-17 04:00 AM Q1 102.90 104.82 98

Related Last Previous Unit Reference
Business Confidence 7.58 18.98 points Sep/21
Capacity Utilization 73.30 75.33 percent Sep/21
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.