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.