Business Confidence in Cape Verde increased to 15 points in the fourth quarter of 2019 from 12 points in the third quarter of 2019.

Business Confidence in Cape Verde averaged 2.68 points from 2002 until 2019, reaching an all time high of 20 points in the fourth quarter of 2007 and a record low of -15 points in the first quarter of 2015. This page provides - Cape Verde Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Business Confidence in Cape Verde is expected to be -10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Cape Verde to stand at 2.00 in 12 months time. In the long-term, the Cape Verde Business Confidence is projected to trend around 6.00 points in 2021 and 8.00 points in 2022, according to our econometric models.

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Cape Verde Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-8.00 15.00 20.00 -15.00 2002 - 2020 points Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-07-19 10:00 AM Q2 11 9 12
2019-10-21 03:40 PM Q3 12 11 14
2020-02-12 03:00 PM Q4 15 12 15
2020-05-11 11:00 AM Q1 -8 15 -5
2020-07-15 11:00 AM Q2 -8 -12
2020-10-22 11:00 AM Q3 -10
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


Cape Verde Business Confidence
In Cape Verde, Survey of Economic Climate, published by INE, measures the level of optimism that people who run companies in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. Survey incorporates questions about investment climate, export activity, capacity utilization levels and employment.