Business Confidence in Maldives increased to 77 points in the fourth quarter of 2019 from -5 points in the third quarter of 2019.

Business Confidence in Maldives averaged 9.35 points from 2014 until 2019, reaching an all time high of 91 points in the fourth quarter of 2018 and a record low of -82 points in the second quarter of 2019. This page provides - Maldives Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Business Confidence in Tourism - values, historical data and charts - was last updated on August of 2020.

Business Confidence in Maldives is expected to be -64.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Maldives to stand at -26.00 in 12 months time. In the long-term, the Maldives Business Confidence in Tourism is projected to trend around -20.00 points in 2021 and -12.00 points in 2022, according to our econometric models.

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Maldives Business Confidence in Tourism

Actual Previous Highest Lowest Dates Unit Frequency
77.00 -5.00 91.00 -82.00 2014 - 2019 points Quarterly

Maldives Business Last Previous Highest Lowest Unit
Capacity Utilization 35.60 67.00 89.40 35.60 percent [+]
Internet Speed 3763.46 4159.21 4159.21 321.93 KBps [+]
IP Addresses 24100.00 22234.00 24100.00 1557.00 IP [+]
Ease of Doing Business 147.00 139.00 147.00 71.00 [+]
Corruption Index 29.00 31.00 36.00 23.00 Points [+]
Corruption Rank 130.00 124.00 143.00 84.00 [+]
Business Confidence 77.00 -5.00 91.00 -82.00 points [+]

Maldives Business Confidence in Tourism
The Quarterly Business Survey is conducted by the MMA with the aim of obtaining a quick assessment of current business trends and expected future economic activity. The respondents of the business survey are senior managers or top management of businesses who has an overall view of the business situation. The questions cover the views of the senior management (for the past quarter and expectation for the next quarter) on the direction of change in various business variables such as sales, output, prices, exports, capacity utilisation and employment which are useful for analysing and predicting economic activity. The qualitative response for these questions takes the form of either increase, decrease or no change. The business survey conducts for the main sector of the economy which is tourism.