The industrial confidence indicator in Bulgaria rose to 27 in November of 2018 from 25.2 in the previous month. Prospects for business situation over the next six months improved (16.9 from 13.4 in October); and expectations over the next three months regarding the selling price (5.4 from 3.8) and employment (-0.1 from -1.5) increased. On the other hand, expected production over the next three months deteriorated (11.1 from 13.9). Business Confidence in Bulgaria averaged 21.53 Index Points from 1997 until 2018, reaching an all time high of 50.30 Index Points in July of 2007 and a record low of -20.90 Index Points in February of 1997.

Business Confidence in Bulgaria is expected to be 31.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Bulgaria to stand at 24.00 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 22.00 Index Points in 2020, according to our econometric models.

Bulgaria Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-29 08:00 AM Business Confidence 27.7 29.6 29.2
2018-09-28 08:00 AM Business Confidence 27.6 27.7 28.8
2018-10-29 09:00 AM Business Confidence 25.2 27.6 29.5
2018-11-29 09:00 AM Business Confidence 27 25.2 29.9
2018-12-28 09:00 AM Business Confidence 27 30.3
2019-02-28 09:00 AM Business Confidence
2019-03-29 08:00 AM Business Confidence 27


Bulgaria Business Last Previous Highest Lowest Unit
Business Confidence 27.00 25.20 50.30 -20.90 Index Points [+]
Industrial Production 1.60 -0.40 19.50 -22.60 percent [+]
Industrial Production Mom 0.80 -0.80 10.50 -11.40 percent [+]
Manufacturing Production 2.60 1.20 34.70 -26.60 percent [+]
Capacity Utilization 78.30 77.10 78.30 52.00 percent [+]
Changes in Inventories 594.68 570.69 1257.20 -318.91 BGN Million [+]
Internet Speed 15540.59 15565.74 15815.16 2019.80 KBps [+]
IP Addresses 1705695.00 1691274.00 1711455.00 538107.00 IP [+]
Mining Production -6.30 -10.90 32.30 -32.20 percent [+]
Steel Production 50.00 49.00 245.00 20.00 Thousand Tonnes [+]
Competitiveness Index 63.56 62.38 63.56 3.92 Points [+]
Competitiveness Rank 51.00 51.00 79.00 51.00 [+]
Ease of Doing Business 59.00 50.00 59.00 36.00 [+]
Electricity Production 3779.00 3590.00 4961.00 2615.00 Gigawatt-hour [+]
Corruption Index 43.00 41.00 43.00 29.00 Points [+]
Corruption Rank 71.00 75.00 86.00 45.00 [+]


Bulgaria Business Confidence

In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. 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. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
27.00 25.20 50.30 -20.90 1997 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.80 Dec/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 101.00 Dec/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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