Estonia Business Confidence - Forecast

Business Confidence in Estonia is expected to be 106.67 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 Estonia to stand at 106.66 in 12 months time. In the long-term, the Estonia Business Confidence is projected to trend around 106.67 Index Points in 2020, according to our econometric models.


Estonia Business Confidence
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Estonia Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 105 107 107 107 107 107
Industrial Production 7.6 3.2 2.9 2.5 2.2 2.4
Industrial Production Mom 4.1 -0.3 1.5 1.5 0.8 0.7
Manufacturing Production 4.7 1.09 0.35 -0.29 -0.75 -1.53
Capacity Utilization 73.9 74.56 75.2 74.76 75.07 74.94
Changes in Inventories 153 102 84.57 92.36 88.92 89.98
Car Registrations 2470 2249 2194 2191 2189 2190
Internet Speed 11556 12826 13041 13249 13449 15283
IP Addresses 539972 529159 544478 545703 538139 550318
Mining Production 0.8 4.32 4.62 4.74 4.7 4.7
Cement Production 34.2 54.2 51.05 37.24 34.01 40.19
Competitiveness Index 4.85 4.81 4.81 4.81 4.81 4.81
Competitiveness Rank 29 28 28 28 30 33
Corporate Profits 663410 807110 807110 807110 807110 807110
Ease of Doing Business 12 12 12 12 12 12
Electricity Production 1090 1057 1104 1049 1079 1073
Corruption Index 71 71 71 71 71 71
Corruption Rank 21 21 21 21 21 21