Bulgaria Business Confidence  Forecast


Bulgaria Business Confidence
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Business Confidence in Bulgaria is expected to be 23.86 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 22.01 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 19.62 in 2020, according to our econometric models.


Bulgaria Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 24.8 23.86 23.13 22.53 22.01 19.62
Industrial Production 1.7 2.24 2.43 2.59 1.5 1.6
Industrial Production Mom 0.3 0.19 0.22 0.23 0.6 0.4
Manufacturing Production 4.6 4.85 4.83 4.82 4.81 4.77
Capacity Utilization 76.1 75.54 75.3 74.77 74.4 71.81
Changes in Inventories 170 246 252 219 218 206
Internet Speed 15541 15090 14936 14771 14597 13242
IP Addresses 1705695 1684240 1675540 1673676 1668148 1605675
Mining Production -7.4 -0.65 -0.73 -0.63 -0.51 -0.35
Steel Production 55 58.55 61.09 63.54 65.9 82.2
Competitiveness Index 4.46 4.39 4.39 4.39 4.39 4.54
Competitiveness Rank 49 52 52 52 52 51
Ease of Doing Business 50 51 55 59 63 57
Electricity Production 3416 3913 3832 3838 3844 3842
Corruption Index 41 39 39 39 39 35
Corruption Rank 75 68 69 71 72 69