Business Confidence in Chile decreased to 41.36 points in May from 41.40 points in April of 2023. source: Instituto Chileno de Administración Racional de Empresas

Business Confidence in Chile averaged 51.50 points from 2003 until 2023, reaching an all time high of 64.43 points in February of 2005 and a record low of 31.74 points in April of 2020. This page provides - Chile Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Business Confidence - values, historical data and charts - was last updated on June of 2023.

Business Confidence in Chile is expected to be 38.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Business Confidence is projected to trend around 55.00 points in 2024 and 71.00 points in 2025, according to our econometric models.

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Chile Business Confidence

Related Last Previous Unit Reference
Business Confidence 41.36 41.40 points May 2023

Chile Business Confidence
In Chile, the business confidence index (IMCE, Indicador Mensual de Confianza Empresarial) is based on a survey of about 600 business executives from manufacturing, mining, construction and trade industries. The index measures the level of optimism that executives have about current and expected developments regarding production, demand, inventories, utilization capacity, selling prices, salaries, employment, supply costs and investments. The IMCE also assesses the level of optimism regarding the global performance of the economy and the general business environment. The IMCE is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.
Actual Previous Highest Lowest Dates Unit Frequency
41.36 41.40 64.43 31.74 2003 - 2023 points Monthly