Business Confidence in Mozambique increased to 90.30 points in December from 86.40 points in November of 2020. source: Instituto Nacional De Estatistica, Mozambique

Business Confidence in Mozambique averaged 98.41 points from 2004 until 2020, reaching an all time high of 104.30 points in September of 2006 and a record low of 73.20 points in July of 2020. This page provides the latest reported value for - Mozambique Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mozambique Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Business Confidence in Mozambique is expected to be 82.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Mozambique to stand at 90.00 in 12 months time. In the long-term, the Mozambique Business Confidence is projected to trend around 95.00 points in 2022, according to our econometric models.

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Mozambique Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
90.30 86.40 104.30 73.20 2004 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-01 04:00 PM Aug 97.0 98.2 96
2019-11-18 01:05 PM Sep 93.6 96.8 97.2
2019-12-04 01:30 PM Oct 92.5 93.5 93.2
2019-12-30 01:35 PM Nov 92.8 92.5 93.7


Mozambique Business Confidence
In Mozambique, the Economic Climate Indicator (ECI) measures the level of optimism executives have about current and expected developments in production, sales, employment, inventories, etc. The indicator is based on a sample of around 850 companies from the main sectors of the economy (Wholesale/Retail Sales, Construction, Manufacturing, Transports, Hotels and Restaurants). For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The final index (ECI) is then calculated as a simple average of those balances. The ECI value above 100 indicates an improving outlook and a value below 100 indicates a deteriorating outlook.