Business Confidence in Macedonia decreased to 32.10 Index Points in July from 32.80 Index Points in June of 2019. Business Confidence in Macedonia averaged 7.19 Index Points from 2001 until 2019, reaching an all time high of 32.80 Index Points in June of 2019 and a record low of -35.80 Index Points in August of 2001.

Business Confidence in Macedonia is expected to be 25.00 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 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 Index Points in 2020, according to our econometric models.

Macedonia Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 10:00 AM Business Confidence Apr 31.8 31.4 30.2
2019-06-19 09:45 AM Business Confidence May 32.1 31.8 31.3
2019-07-16 11:00 AM Business Confidence Jun 32.8 32.1 31
2019-08-16 10:00 AM Business Confidence Jul 32.1 32.8 32.5
2019-09-17 10:00 AM Business Confidence Aug 32.1 27
2019-10-16 10:00 AM Business Confidence Sep 25
2019-11-18 11:00 AM Business Confidence Oct


Macedonia Business Last Previous Highest Lowest Unit
Industrial Production -2.70 1.20 24.50 -14.50 percent [+]
Manufacturing Production -6.70 -0.40 38.50 -23.60 percent [+]
Changes in Inventories 67659.39 51319.90 67659.39 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 24.60 22.00 40.00 0.00 Thousand Tonnes [+]
Ease of Doing Business 10.00 11.00 69.00 10.00 [+]
Competitiveness Index 56.62 4.23 56.62 3.73 Points [+]
Competitiveness Rank 84.00 68.00 94.00 60.00 [+]
Business Confidence 32.10 32.80 32.80 -35.80 Index Points [+]
Corruption Index 37.00 35.00 45.00 23.00 Points [+]
Corruption Rank 93.00 107.00 107.00 62.00 [+]


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. This page provides - Macedonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
32.10 32.80 32.80 -35.80 2001 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 4.00 Jul/19
Brazil 59.40 Aug/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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