Business Confidence in Indonesia decreased to 10.27 points in the fourth quarter of 2022 from 13.89 points in the third quarter of 2022. source: Bank Indonesia

Business Confidence in Indonesia averaged 8.62 points from 2000 until 2022, reaching an all time high of 21.99 points in the third quarter of 2007 and a record low of -35.75 points in the second quarter of 2020. This page provides - Indonesia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

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Indonesia Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2020-02-05 04:45 AM Q4 104.82 105.33 105
2020-08-17 04:00 AM Q1 102.90 104.82 98

Related Last Previous Unit Reference
Business Confidence 10.27 13.89 points Dec 2022
Capacity Utilization 70.94 73.67 percent Dec 2022

Indonesia Business Confidence
In Indonesia, the Business Tendency Index (BTI) measures the expectations of entrepreneurs about current business income, production capacity, average working hours and future domestic and foreign orders, selling prices and raw materials. The survey covers a sample of around 2000 managers from large and medium companies from almost all regions of the country and from the main sectors of the economy (Agriculture, Mining and Quarrying, Manufacturing, Electricity, Gas and Water, Construction, Trade, Hotels, Transportation and Communication, Financial and Services). For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a weighted average of those proportions. The BTI above 100 indicates an improving outlook and below 100 a deteriorating outlook.
Actual Previous Highest Lowest Dates Unit Frequency
10.27 13.89 21.99 -35.75 2000 - 2022 points Quarterly