Business Confidence in Armenia increased to 53.50 Index Points in the first quarter of 2017 from 52.10 Index Points in the fourth quarter of 2016.

Business Confidence in Armenia averaged 55.99 Index Points from 2005 until 2017, reaching an all time high of 69.50 Index Points in the first quarter of 2007 and a record low of 38.40 Index Points in the first quarter of 2009. This page provides - Armenia Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Business Confidence - values, historical data and charts - was last updated on September of 2020.

Business Confidence in Armenia is expected to be 52.46 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Armenia to stand at 52.44 in 12 months time. In the long-term, the Armenia Business Confidence is projected to trend around 52.45 points in 2021 and 52.46 points in 2022, according to our econometric models.

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Armenia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
53.50 52.10 69.50 38.40 2005 - 2017 points Quarterly

Armenia Business Last Previous Highest Lowest Unit
Industrial Production -2.30 -1.60 31.70 -20.90 percent [+]
Industrial Production Mom 1.40 6.30 32.10 -46.10 percent [+]
Manufacturing Production -4.30 -9.40 29.40 -16.20 percent [+]
Leading Economic Index -10.20 -7.60 17.20 -16.30 percent [+]
Internet Speed 5182.66 5738.74 5738.74 295.56 KBps [+]
IP Addresses 297303.00 242616.00 371675.00 4787.00 IP [+]
Mining Production 21.10 27.60 91.00 -29.10 percent [+]
Ease of Doing Business 47.00 41.00 61.00 38.00 [+]
Corruption Index 42.00 35.00 42.00 25.00 Points [+]
Corruption Rank 77.00 105.00 129.00 76.00 [+]
Changes In Inventories -8292.40 -4130.60 107360.30 -16889.40 AMD Million [+]
Competitiveness Index 61.28 59.86 61.28 3.71 Points [+]
Competitiveness Rank 69.00 70.00 98.00 69.00 [+]


Armenia Business Confidence
The business climate index is calculated based on companies' estimations of the current and expected output in industry, construction, trade and services. The values range from 0 to 100. 0 indicates expectations of 100 percent fall, 50 indicates stable growth and 100 indicates 100 percent growth. .