The assessment of the current business situation of the business entity in Macedonia dropped to 27.8 in April 2020 from 27.9 in the previous month. It was the lowest reading since March 2018, amid the coronavirus pandemic.

Business Confidence in Macedonia averaged 8.09 points from 2001 until 2020, reaching an all time high of 35.20 points in February of 2020 and a record low of -35.80 points in August of 2001. This page provides - Macedonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: State Statistical Office of the Republic of Macedonia

Business Confidence in Macedonia is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Macedonia to stand at -7.00 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 5.00 points in 2021 and 15.00 points in 2022, according to our econometric models.

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Macedonia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
27.80 27.90 35.20 -35.80 2001 - 2020 points Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-17 01:05 PM Jan 34.4 33.9 32.2
2020-03-17 11:00 AM Feb 35.2 34.4 33
2020-05-15 10:00 AM Mar 27.9 35.2 16
2020-05-15 10:00 AM Apr 27.8 27.9 14
2020-06-16 10:00 AM May 27.8
2020-07-15 10:00 AM Jun -14
2020-08-17 10:00 AM Jul
2020-09-15 10:00 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Macedonia Business Confidence
In Macedonia, the Business Tendency Survey in Manufacturing industry is a qualitative survey that uses opinion-testing techniques and collects a sample of 250 business entities classified in the division No 15 to 36 of the National Classification of Activities (NACE). It collects qualitative (good, satisfactory, bad, up, unchanged, down etc.), not quantitative (numerical) data from business managers on their assessment of the current situation of the main economic indicators in their business entities and their expectations for the directions of movements of those indicators in the near future. The data is presented in the form of balances, obtained by taking the difference between weighted positive and negative answers expressed in percent.