The industrial confidence indicator in Bulgaria fell to 23.9 in August of 2019 from 24.7 in the previous month. It was the lowest reading since November of 2016, as prospects for selling prices over the next three months fell to 1.3 from 4.0 in July. Meanwhile, expectations over the next three months regarding production (14.2 from 13.4) and employment (0.5 from -3.1) improved while prospects for the business situation over the next six months increased to 16.0 from 15.3. Business Confidence in Bulgaria averaged 21.68 Index Points from 1997 until 2019, 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 24.00 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 18.00 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 21.00 Index Points in 2020, according to our econometric models.

Bulgaria Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-30 08:00 AM Business Confidence May 27.5 27.7 27.1
2019-06-28 08:00 AM Business Confidence Jun 26.4 27.5 26.8
2019-07-29 08:00 AM Business Confidence Jul 24.7 26.4 26
2019-08-29 08:00 AM Business Confidence Aug 23.9 24.7 25.2
2019-09-30 08:00 AM Business Confidence Sep 23.9 24
2019-10-29 09:00 AM Business Confidence Oct
2019-11-29 09:00 AM Business Confidence Nov


Bulgaria Business Last Previous Highest Lowest Unit
Business Confidence 23.90 24.70 50.30 -20.90 Index Points [+]
Industrial Production -0.90 -3.60 19.50 -22.60 percent [+]
Industrial Production Mom 0.80 -1.90 10.50 -11.40 percent [+]
Manufacturing Production 0.90 4.70 34.70 -26.60 percent [+]
Capacity Utilization 77.60 78.00 78.50 52.00 percent [+]
Changes in Inventories 269.52 271.69 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 9.70 -1.40 32.30 -32.20 percent [+]
Steel Production 55.00 50.00 245.00 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 3562.00 3055.00 4961.00 2615.00 Gigawatt-hour [+]
Corruption Index 42.00 43.00 43.00 29.00 Points [+]
Corruption Rank 77.00 71.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
23.90 24.70 50.30 -20.90 1997 - 2019 Index Points Monthly




Country Last Previous
Australia 1.00 Aug/19
Brazil 59.40 Aug/19
Canada 60.60 Aug/19
China 49.50 Aug/19
Euro Area 0.11 Aug/19
France 102.00 Aug/19
Germany 94.30 Aug/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 99.70 Aug/19
Japan 7.00 Jun/19
Mexico 49.70 Aug/19
Netherlands 3.90 Aug/19
Russia -2.00 Aug/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 68.00 Aug/19
Spain 1.40 Aug/19
Switzerland 97.00 Aug/19
Turkey 102.50 Aug/19
United Kingdom -32.00 Sep/19
United States 49.10 Aug/19


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