Singapore Business Confidence2022 Data - 2023 Forecast - 1970-2021 Historical

Name: Singapore Business Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Singapore,Business Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Business Confidence in Singapore decreased to 2 points in the first quarter of 2022 from 8 points in the fourth quarter of 2021. source: Statistics Singapore

Business Confidence in Singapore averaged 13.09 points from 1970 until 2022, reaching an all time high of 54 points in the first quarter of 1976 and a record low of -57 points in the fourth quarter of 2008. This page provides - Singapore Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Business Confidence in Singapore is expected to be 15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Business Confidence is projected to trend around 4.00 points in 2023, according to our econometric models.

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.

Features Questions? Contact us Already a Member? Login

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.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Related	Last	Previous	Unit	Reference
Business Confidence	2.00	2.00	points	Mar 2022
Changes in Inventories	1519.00	981.60	SGD Million	Dec 2021
Bankruptcies	112.00	89.00	Companies	Mar 2022
Leading Economic Index	112.90	111.70	points	Dec 2021
Services Sentiment	15.00	14.00		Mar 2022

Singapore Business Confidence

In Singapore, the Survey of Business Expectations of the Manufacturing Sector covers around 410 manufacturing firms. These companies are asked to assess their expectation of general business conditions, output and employment for the next six months. Provided responses are then weighted by their contribution to employment and value added. The indicator is computed as the difference between the weighted percentage of positive assessments and the weighted percentage of negative responses. The index varies on a scale of -100 to 100; a value of -100 indicates extreme lack of confidence, 0 neutrality and 100 extreme confidence.