Business Confidence in Uganda increased to 56.36 points in May from 55.40 points in April of 2021. source: Bank of Uganda

Business Confidence in Uganda averaged 56.14 points from 2012 until 2021, reaching an all time high of 65.85 points in March of 2013 and a record low of 33.95 points in May of 2020. This page provides the latest reported value for - Uganda Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Business Confidence in Uganda is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Uganda to stand at 51.60 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 56.00 points in 2022, according to our econometric models.

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Uganda Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
56.36 55.40 65.85 33.95 2012 - 2021 points Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-05 12:30 PM Feb 53 50 51
2021-04-08 02:00 PM Mar 52 53 54
2021-05-06 12:00 PM Apr 55.4 52 51.7
2021-06-04 02:00 PM May 56.36 55.4 54.8
2021-07-06 09:00 AM Jun 56.36
2021-08-06 08:00 AM Jul
2021-09-03 09:30 AM Aug
2021-10-05 08:00 AM Sep


Uganda Business Confidence
In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook.