Bulgaria Business Confidence  Forecast


Business Confidence in Bulgaria is expected to be 26.90 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 26.20 in 12 months time. In the long-term, the Bulgaria Business Confidence is projected to trend around 26.21 in 2020, according to our econometric models.


Bulgaria Business Confidence
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Bulgaria Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 26.4 26.9 26.19 26.28 26.2 26.21
Industrial Production 4.2 3.64 1.7 3.68 3.6 1.6
Industrial Production Mom 0.2 -0.23 0.5 0.25 0.25 0.4
Manufacturing Production 6.3 5.49 5.42 5.29 5.19 4.85
Capacity Utilization 74.6 75.65 74.67 74.47 74.48 74.52
Changes in Inventories 473 380 401 407 422 412
Mining Production -0.8 1.92 0.42 0.01 -0.14 -0.36
Steel Production 50 53.47 53.67 54.23 54.2 54.14
Competitiveness Index 4.44 4.36 4.36 4.33 4.32 4.28
Competitiveness Rank 50 47 47 51 52 51
Ease of Doing Business 39 40 40 45 50 59
Electricity Production 3726 3950 3881 3839 3861 3857
Corruption Index 41 43 44 43 42 42
Corruption Rank 75 73 74 75 75 75