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
United States 58.20 Nov/17   55 54 54.3 52
Euro Area 1.49 Nov/17   1.05 1.02 0.98 0.95
China 51.80 Nov/17   51.7 50.9 51 51.6
Japan 25.00 Dec/17   10 21.92 18.99 15.18
Germany 117.50 Nov/17   118 116 116 116
United Kingdom -11.00 Dec/17   4 7 6 5
France 112.00 Nov/17   114 111 110 109
India 64.10 Mar/17   56 56.8 55.9 56.5
Italy 110.80 Nov/17   104 105 106 107
Brazil 58.30 Dec/17   58.5 59 60 61
Canada 63.00 Nov/17   57.4 57 56.7 56.91
South Korea 83.00 Nov/17   79 82 83 83.3
Russia -4.00 Nov/17   -2 -1 2 -3.67
Spain 2.50 Nov/17   -1.2 -0.6 -0.3 -0.46
Australia 6.00 Nov/17   8 6 9 10
Mexico 49.40 Nov/17   49 50 50.1 50.5
Indonesia 112.39 Sep/17   107 101 109 109
Turkey 106.30 Nov/17   104 107 107 99.78
Last Q4/17 Q1/18 Q2/18 Q3/18
Albania 2.80 Sep/17   -2.8 -0.72 -2.63 -4.2
Angola -21.00 Jun/17   -7.55 -0.84 4.23 8.7
Armenia 51.00 Jun/16   55.72 56.04 56.11 56.13
Australia 6.00 Nov/17   8 6 9 10
Austria 12.40 Nov/17   -7.9 12.5 9.8 6.34
Bangladesh 9.96 Dec/14   12 11 12 9.92
Belgium 1.60 Nov/17   1.81 1.99 0.67 -0.91
Botswana 48.00 Jun/17   55 67 67 47.88
Brazil 58.30 Dec/17   58.5 59 60 61
Bulgaria 26.70 Nov/17   26.06 25.21 24.41 23.68
Canada 63.00 Nov/17   57.4 57 56.7 56.91
Cape Verde 10.00 Sep/17   9.9 8.66 6.71 5.53
Chile 47.01 Nov/17   49.15 49.64 50.05 50.42
China 51.80 Nov/17   51.7 50.9 51 51.6
Colombia -8.70 Oct/17   -4.9 -4.7 -4.5 -3.43
Croatia 10.40 Nov/17   -2 7.87 6.56 5.38
Cyprus 118.80 Nov/17   109 118 117 116
Czech Republic 96.70 Nov/17   96.55 96.05 95.6 95.2
Denmark 2.00 Nov/17   -5 1.14 0.47 0
Ecuador 1231.00 Sep/17   1253 1266 1272 1275
Estonia 108.20 Nov/17   108 108 107 106
Euro Area 1.49 Nov/17   1.05 1.02 0.98 0.95
European Union 8.10 Nov/17   8.24 6.84 3.79 0.16
Finland 14.30 Nov/17   13.88 12.13 9.65 7.45
France 112.00 Nov/17   114 111 110 109
Georgia 17.50 Mar/17   18.16 22.21 22 21.82
Germany 117.50 Nov/17   118 116 116 116
Greece 98.40 Nov/17   98 98.8 99 99.32
Hong Kong 5.00 Dec/17   6.83 5.82 7.1 8
Hungary 11.70 Nov/17   10.87 8.39 5.94 3.86
India 64.10 Mar/17   56 56.8 55.9 56.5
Indonesia 112.39 Sep/17   107 101 109 109
Ireland 17.00 Jun/17   32 36 38 15.91
Israel 19.56 Nov/17   19.1 15.39 13.77 12.63
Italy 110.80 Nov/17   104 105 106 107
Japan 25.00 Dec/17   10 21.92 18.99 15.18
Kazakhstan 9.00 Sep/17   5 7 9 7.46
Latvia 1.20 Sep/17   0.38 -0.16 -0.76 -1.3
Lithuania -5.70 Nov/17   -5.64 -5.58 -6.13 -6.43
Luxembourg 114.70 Nov/17   114 112 109 108
Macedonia 26.60 Nov/17   17.2 22.29 19.96 17.83
Malaysia 114.10 Jun/17   112 113 113 114
Maldives -24.00 Sep/17   22 31 31 -38.35
Malta 122.60 Nov/17   122 120 118 116
Mauritius 113.30 Sep/17   101 100 99.8 99.24
Mexico 49.40 Nov/17   49 50 50.1 50.5
Mozambique 94.40 Oct/17   95.17 95.42 95.83 96.16
Netherlands 9.10 Nov/17   9.5 7.63 5.96 4.55
New Caledonia 87.00 Jun/17   87.65 88.85 89.38 90.22
New Zealand -39.30 Nov/17   -46 -31.18 -24.05 -18.16
Nigeria -2.60 Sep/17   -8 14.06 17.14 18.57
Norway 2.30 Sep/17   3.21 3.09 3.03 3.05
Peru 64.00 Oct/17   66 68 68 69
Philippines 43.30 Dec/17   42 43 45 34.55
Poland 4.60 Nov/17   7.7 8.6 9 3.81
Portugal 2.10 Nov/17   2.3 2 1.8 2.11
Qatar 20.70 Dec/16   20.09 20.46 20.38 20.03
Romania 2.70 Nov/17   2.56 1.88 1.12 0.51
Russia -4.00 Nov/17   -2 -1 2 -3.67
Saudi Arabia 3.00 Jun/16   7 15 20 30
Singapore 5.00 Sep/17   4 3 3.4 3.8
Slovakia 2.00 Nov/17   6.4 2.75 2.32 1.9
Slovenia 14.00 Nov/17   5 11.14 7.95 5.25
South Africa 34.00 Dec/17   40 36.54 37.79 39.57
South Korea 83.00 Nov/17   79 82 83 83.3
Spain 2.50 Nov/17   -1.2 -0.6 -0.3 -0.46
Sri Lanka 85.00 Jun/17   101 99.94 96.33 97.4
Sweden 110.10 Nov/17   110 108 105 103
Switzerland 110.30 Nov/17   105 107 105 103
Thailand 51.30 Nov/17   50.5 51 51 48.81
Turkey 106.30 Nov/17   104 107 107 99.78
Uganda 59.72 Nov/17   56 59.07 59.07 59.08
Ukraine 117.40 Sep/17   118 118 118 117
United Kingdom -11.00 Dec/17   4 7 6 5
United States 58.20 Nov/17   55 54 54.3 52