Business Confidence | Forecast | 2017-2020

This page provides forecasts for Business Confidence including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q4/17 Q1/18 Q2/18 Q3/18 2020
United States 60.80 Sep/17   55 54 54.3 52 52
Euro Area 1.34 Sep/17   1.05 1.02 0.98 0.95 1
China 52.40 Sep/17   51.7 50.9 51 51.6 51
Japan 22.00 Sep/17   10 21.92 18.99 15.18 2
Germany 115.20 Sep/17   116 116 116 116 105
United Kingdom 5.00 Sep/17   4 7 6 5 2
France 110.00 Sep/17   103 104 104 104 108
India 64.10 Mar/17   56 56.8 55.9 56.5 59
Italy 110.40 Sep/17   104 105 106 106 112
Brazil 55.70 Sep/17   58.5 59 60 61 61
Canada 59.60 Sep/17   57.4 57 56.7 56.86 52
South Korea 83.00 Sep/17   79 82 83 84.37 83
Russia -3.00 Sep/17   2 -1 2 -3.31 6
Spain 2.10 Sep/17   -1.2 -0.6 -0.3 -1.9 -4
Australia 7.00 Sep/17   8 6 9 10 6
Mexico 49.66 Sep/17   49 50 50.1 51.22 53.5
Indonesia 111.63 Jun/17   107 101 109 109 108
Turkey 111.60 Sep/17   107 107 107 100 104
Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Albania 2.80 Sep/17   -2.8 -0.72 -2.63 -4.2 -5
Angola -21.00 Jun/17   -7.55 -0.84 4.23 8.7 5.9
Armenia 51.00 Jun/16   55.72 56.04 56.11 56.13 55.89
Australia 7.00 Sep/17   8 6 9 10 6
Austria 6.90 Sep/17   -7.9 3.13 0.87 -0.97 -3.7
Bangladesh 9.96 Dec/14   12 11 12 9.92 14
Belgium -3.50 Sep/17   -4.93 -5.83 -6.36 -6.69 -7.25
Botswana 48.00 Jun/17   55 67 67 47.88 74
Brazil 55.70 Sep/17   58.5 59 60 61 61
Bulgaria 28.30 Sep/17   27.22 26.21 25.29 24.46 20.36
Canada 59.60 Sep/17   57.4 57 56.7 56.86 52
Cape Verde 7.00 Jul/17   6.49 5.6 4.57 4.03 2.67
Chile 48.26 Sep/17   48.47 49.01 49.49 49.91 51.94
China 52.40 Sep/17   51.7 50.9 51 51.6 51
Colombia -1.90 Aug/17   -4.9 -4.7 -4.5 -1.22 2
Croatia 10.40 Sep/17   -2 8.43 7.08 5.87 -5
Cyprus 113.50 Sep/17   109 111 110 110 103
Czech Republic 97.00 Sep/17   96.59 96.09 95.64 95.23 93.1
Denmark 0.00 Sep/17   -5 -0.98 -1.03 -1.05 -6
Ecuador 1219.60 Aug/17   1240 1248 1251 1251 1208
Estonia 108.60 Sep/17   108 108 107 106 104
Euro Area 1.34 Sep/17   1.05 1.02 0.98 0.95 1
European Union 5.40 Aug/17   3.77 1.03 -1.94 -4.56 -5.04
Finland 11.00 Sep/17   9.55 7.57 5.8 4.41 0.55
France 110.00 Sep/17   103 104 104 104 108
Georgia 17.50 Mar/17   18.16 22.21 22 21.82 19.43
Germany 115.20 Sep/17   116 116 116 116 105
Greece 100.60 Sep/17   98 98.8 99 101 105
Hong Kong 5.00 Dec/17   6.83 5.82 7.1 8 8
Hungary 12.30 Sep/17   10.09 7.38 4.99 3.03 -3.87
India 64.10 Mar/17   56 56.8 55.9 56.5 59
Indonesia 111.63 Jun/17   107 101 109 109 108
Ireland 17.00 Jun/17   32 36 38 15.91 59
Israel 22.40 Sep/17   15.9 17.12 15.17 13.71 20.4
Italy 110.40 Sep/17   104 105 106 106 112
Japan 22.00 Sep/17   10 21.92 18.99 15.18 2
Kazakhstan 9.00 Sep/17   5 7 9 7.46 9
Latvia 1.20 Sep/17   0.38 -0.16 -0.76 -1.3 -5.1
Lithuania -0.20 Sep/17   -2.75 -3.87 -4.79 -5.43 -6.99
Luxembourg 113.80 Sep/17   112 110 108 106 102
Macedonia 25.90 Sep/17   17.2 22.29 19.96 17.83 5.5
Malaysia 114.10 Jun/17   112 113 113 114 118
Maldives -56.00 Jun/17   22 31 31 -38.35 -4.2
Malta 118.30 Sep/17   116 115 113 112 108
Mauritius 105.40 Jun/17   101 100 99.8 99.24 96.41
Mexico 49.66 Sep/17   49 50 50.1 51.22 53.5
Mozambique 94.20 Aug/17   95.03 95.42 95.81 96.14 97.66
Netherlands 8.50 Sep/17   4.5 5.74 4.38 3.33 2.9
New Caledonia 87.00 Jun/17   87.65 88.85 89.38 90.22 91.59
New Zealand 0.00 Sep/17   -3.17 -1.16 -0.1 0.77 3.61
Nigeria -1.50 Jun/17   -8 26.68 28.55 27.2 3.18
Norway 2.30 Sep/17   3.21 3.09 3.03 3.05 2.71
Peru 60.00 Sep/17   61.95 61.57 60.58 59.79 59.35
Philippines 37.90 Sep/17   42 43 45 30.64 50
Poland 6.30 Sep/17   7.7 8.6 9 4.35 8
Portugal 2.10 Sep/17   2.3 2 1.8 2.07 1.1
Qatar 20.70 Dec/16   20.09 20.46 20.38 20.03 20.25
Romania 1.30 Sep/17   0.84 0.31 -0.11 -0.44 -1.37
Russia -3.00 Sep/17   2 -1 2 -3.31 6
Saudi Arabia 3.00 Jun/16   7 15 20 30 55
Sierra Leone 66.10 Dec/13   63.79 63.78 63.76 63.75 63.71
Singapore 4.00 Jun/17 4 3 3.4 3.8 7
Slovakia 4.00 Sep/17   6.4 2.08 1.72 1.41 0.5
Slovenia 10.00 Sep/17   5 5.33 3.23 1.7 2
South Africa 35.00 Sep/17   45 35.51 36.48 38.32 45
South Korea 83.00 Sep/17   79 82 83 84.37 83
Spain 2.10 Sep/17   -1.2 -0.6 -0.3 -1.9 -4
Sri Lanka 85.00 Jun/17   101 99.94 96.33 97.4 104
Sweden 110.30 Sep/17   108 106 104 102 99.73
Switzerland 105.80 Sep/17   105 103 102 101 101
Thailand 52.20 Sep/17   50.5 51 51 48.75 52
Turkey 111.60 Sep/17   107 107 107 100 104
Uganda 59.07 Sep/17   56 59.07 59.07 59.08 57.7
Ukraine 117.40 Sep/17   118 118 118 117 115
United Kingdom 5.00 Sep/17   4 7 6 5 2
United States 60.80 Sep/17   55 54 54.3 52 52