Business Confidence in Saudi Arabia increased to 3 in the second quarter of 2016 from -12 in the first quarter of 2016. source: Dun & Bradstreet

Business Confidence in Saudi Arabia averaged 30.10 from 2009 until 2016, reaching an all time high of 63.00 in the third quarter of 2011 and a record low of -12.00 in the first quarter of 2016. This page provides - Saudi Arabia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Business Confidence - values, historical data and charts - was last updated on October of 2020.

Business Confidence in Saudi Arabia is expected to be 20.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Saudi Arabia to stand at 30.00 in 12 months time. In the long-term, the Saudi Arabia Business Confidence is projected to trend around 40.00 points in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Saudi Arabia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
3.00 -12.00 63.00 -12.00 2009 - 2016 points Quarterly

Saudi Arabia Business Last Previous Highest Lowest Unit
Manufacturing PMI 50.70 48.80 61.80 42.40 points [+]
Industrial Production -13.40 -3.30 25.90 -24.90 percent [+]
Changes in Inventories 51708.00 41286.00 64489.00 -51388.00 SAR Million [+]
Internet Speed 6705.52 6321.15 6705.52 1242.08 KBps [+]
IP Addresses 3510242.00 3551866.00 4339235.00 177395.00 IP [+]
Manufacturing Production -20.50 -11.50 21.50 -32.10 percent [+]
Mining Production -11.20 -0.40 22.50 -23.20 percent [+]
Industrial Production Mom 10.20 -0.36 11.35 -21.80 percent [+]
Competitiveness Index 70.03 67.50 70.03 4.54 Points [+]
Competitiveness Rank 36.00 39.00 41.00 17.00 [+]
Corruption Index 53.00 49.00 53.00 33.00 Points [+]
Corruption Rank 51.00 58.00 80.00 46.00 [+]
Crude Oil Rigs 50.00 46.00 81.00 11.00 [+]
Ease of Doing Business 62.00 92.00 96.00 10.00 [+]
Steel Production 533.00 355.00 754.00 7.00 Thousand Tonnes [+]


Saudi Arabia Business Confidence
In Saudi Arabia, the Business Optimism Index (BOI) assesses the level of optimism that business executives in the hydrocarbon sector have about current and expected developments regarding sales, profits, selling prices, orders, inventories and employment. The index is based on a sample which includes business executives from Saudi Arabia´s mining, oil and gas companies. Business confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism.