Business Confidence in Macedonia increased to 33.90 points in December from 33.30 points in November of 2019.

Business Confidence in Macedonia averaged 7.76 points from 2001 until 2019, reaching an all time high of 33.90 points in December of 2019 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.

Business Confidence in Macedonia is expected to be 28.00 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 17.00 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 15.00 points in 2020, according to our econometric models.


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Macedonia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
33.90 33.30 33.90 -35.80 2001 - 2019 points Monthly
NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-16 10:00 AM Sep 32.2 32.6 32
2019-11-18 01:00 PM Oct 32.8 32.2 32.4
2019-12-17 12:10 PM Nov 33.3 32.8 32.5
2020-01-16 11:00 AM Dec 33.9 33.3 32
2020-02-17 11:00 AM Jan 33.9 32.2


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.

Macedonia Business Last Previous Highest Lowest Unit
Industrial Production -2.10 4.20 24.50 -14.50 percent [+]
Manufacturing Production 0.70 7.80 38.50 -23.60 percent [+]
Changes in Inventories 79359.30 67659.39 79359.30 7337.00 MKD Million [+]
Internet Speed 7707.57 7775.41 7775.41 1236.37 KBps [+]
IP Addresses 377561.00 405430.00 421547.00 56872.00 IP [+]
Steel Production 25.00 25.00 40.00 0.00 Thousand Tonnes [+]
Ease of Doing Business 17.00 10.00 69.00 10.00 [+]
Competitiveness Index 57.33 56.62 57.33 3.73 Points [+]
Competitiveness Rank 82.00 84.00 94.00 60.00 [+]
Business Confidence 33.90 33.30 33.90 -35.80 points [+]
Corruption Index 35.00 37.00 45.00 23.00 Points [+]
Corruption Rank 106.00 93.00 107.00 62.00 [+]