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.