Business Confidence in Israel increased to 23.96 points in December from 20.37 points in November of 2019. Business Confidence in Israel averaged 9.92 points from 1983 until 2019, reaching an all time high of 44.60 points in August of 1991 and a record low of -39.48 points in February of 2009.

Business Confidence in Israel is expected to be 23.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Israel to stand at 24.50 in 12 months time. In the long-term, the Israel Business Confidence is projected to trend around 22.00 points in 2020, according to our econometric models.


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Israel Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
23.96 20.37 44.60 -39.48 1983 - 2019 points Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 10:00 AM Sep 25.65 24.46 24.2
2019-11-07 11:00 AM Oct 22.33 25.65 25.3
2019-12-05 11:00 AM Nov 20.37 22.33 23.9
2020-01-08 11:00 AM Dec 23.96 20.37 22.5
2020-02-05 11:00 AM Jan 23.96 25.7


Israel Business Confidence
In Israel, the Business Tendency Survey measures the level of optimism that executives have about current and expected developments regarding production, sales, demand and employment. It also assesses expectations concerning changes in the development of the USDILS exchange rate and inflation. The survey is based on a sample of business executives from five economic sectors: manufacturing, construction, retail trade, hotels and services. The Business Confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism.

Israel Business Last Previous Highest Lowest Unit
Business Confidence 23.96 20.37 44.60 -39.48 points [+]
Industrial Production -8.40 23.10 62.70 -29.20 percent [+]
Industrial Production Mom 2.40 0.70 7.20 -7.40 percent [+]
Changes in Inventories 2989.70 -277.50 7999.10 -4763.00 ILS Million [+]
Leading Economic Index 0.24 0.28 1.11 -0.65 percent [+]
Internet Speed 13669.17 14389.01 14389.01 2457.91 KBps [+]
IP Addresses 2363587.00 2271896.00 2835458.00 1097501.00 IP [+]
Manufacturing Pmi 51.80 52.80 67.20 27.80 points [+]
Manufacturing Production -8.80 27.60 34.20 -18.50 percent [+]
Mining Production -12.20 -2.10 339.20 -65.10 percent [+]
Ease of Doing Business 35.00 49.00 54.00 29.00 [+]
Corruption Index 60.00 61.00 79.70 58.00 Points [+]
Corruption Rank 35.00 34.00 39.00 14.00 [+]
Competitiveness Index 76.74 76.63 76.74 4.79 Points [+]
Competitiveness Rank 20.00 20.00 27.00 14.00 [+]