The industrial confidence indicator in the Faroe Islands increased to -19 in the first half of 2021 from -28 in the second half of 2020. source: Statistics Faroe Islands
Business Confidence in Faroe Islands averaged 11.17 points from 2006 until 2021, reaching an all time high of 40 points in the second quarter of 2013 and a record low of -36 points in the first quarter of 2009. This page provides - Faroe Islands Industrial Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Industrial Confidence - values, historical data and charts - was last updated on May of 2021.
Business Confidence in Faroe Islands is expected to be 14.24 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Faroe Islands to stand at 13.94 in 12 months time. In the long-term, the Faroe Islands Industrial Confidence is projected to trend around 13.58 points in 2022 and 13.55 points in 2023, according to our econometric models.