Business Confidence in Cyprus increased to 93.20 points in April from 84.70 points in March of 2021. source: European Commission

Business Confidence in Cyprus averaged 99.13 points from 2001 until 2021, reaching an all time high of 114.90 points in August of 2007 and a record low of 68 points in April of 2013. This page provides - Cyprus Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Business Confidence in Cyprus is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Cyprus to stand at 108.00 in 12 months time. In the long-term, the Cyprus Business Confidence is projected to trend around 110.00 points in 2022, according to our econometric models.

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Cyprus Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
93.20 84.70 114.90 68.00 2001 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-28 10:00 AM Jan 79.8 85.7 82
2021-02-25 10:00 AM Feb 80.8 79.8 80.2
2021-03-30 09:00 AM Mar 84.7 80.8 100
2021-04-29 09:00 AM Apr 93.2 84.7 93
2021-05-28 09:00 AM May 93.2
2021-06-29 09:00 AM Jun
2021-07-29 09:00 AM Jul
2021-08-30 09:00 AM Aug

Cyprus Business Last Previous Highest Lowest Unit
Business Confidence 93.20 84.70 114.90 68.00 points [+]
Industrial Production -7.60 -6.60 16.50 -36.10 percent [+]
Manufacturing Production -6.00 -6.10 15.60 -38.80 percent [+]
Changes in Inventories 129.40 82.70 291.50 -233.60 EUR Million [+]
Car Registrations 2725.00 3210.00 7077.00 3.00 [+]
Internet Speed 6912.45 7114.94 7168.18 758.95 KBps [+]
IP Addresses 368293.00 364202.00 368293.00 93569.00 IP [+]
Mining Production 2.20 1.40 71.40 -71.10 percent [+]
Ease of Doing Business 54.00 57.00 60.00 36.00 [+]
Electricity Production 337.70 390.30 619.00 256.18 Gigawatt-hour [+]
Corruption Index 57.00 58.00 66.00 53.00 Points [+]
Corruption Rank 42.00 41.00 47.00 27.00 [+]
Competitiveness Index 66.39 65.57 66.39 4.22 Points [+]
Competitiveness Rank 44.00 44.00 65.00 34.00 [+]


Cyprus Business Confidence
In Cyprus, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.