Business Confidence in Latvia decreased to 1.50 points in August from 3.20 points in July of 2021. source: Central Statistical Bureau of Latvia

Business Confidence in Latvia averaged -6.84 points from 1993 until 2021, reaching an all time high of 12.50 points in March of 2007 and a record low of -44.70 points in July of 1993. This page provides the latest reported value for - Latvia Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Business Confidence - values, historical data and charts - was last updated on December of 2021.

Business Confidence in Latvia is expected to be -3.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Business Confidence is projected to trend around 2.00 points in 2022 and 3.00 points in 2023, according to our econometric models.

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Latvia Business Confidence


Related Last Previous Unit Reference
Business Confidence 1.50 3.20 points Aug/21
Industrial Production Mom -1.50 1.40 percent Oct/21
Industrial Production 2.40 5.80 percent Oct/21
Manufacturing Production 3.90 6.70 percent Oct/21
Car Registrations 4027.00 4300.00 Sep/21
Mining Production 3.10 -1.10 percent Oct/21
Changes In Inventories 458852.00 634581.00 EUR Thousand Sep/21
Latvia Business Confidence
In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. 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.