Business Confidence in Bulgaria decreased to 21.30 points in June from 29.70 points in May of 2021. source: National Statistical Institute, Bulgaria

Business Confidence in Bulgaria averaged 21.26 points from 1997 until 2021, reaching an all time high of 50.30 points in July of 2007 and a record low of -20.90 points in February of 1997. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Business Confidence in Bulgaria is expected to be 21.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Bulgaria to stand at 23.00 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 23.00 points in 2022 and 21.00 points in 2023, according to our econometric models.

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Bulgaria Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
21.30 29.70 50.30 -20.90 1997 - 2021 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-03-30 08:00 AM Mar 19.8 18.6 20
2021-04-28 08:00 AM Apr 18.4 19.8 21.5
2021-05-28 08:00 AM May 29.7 18.4 19.2
2021-06-29 08:00 AM Jun 21.3 29.7 21
2021-07-29 08:00 AM Jul 21.3 20.5
2021-08-30 08:00 AM Aug
2021-09-29 08:00 AM Sep
2021-10-28 09:00 AM Oct

Bulgaria Business Confidence
In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.