Business Confidence | Forecast | 2016-2020

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 Q2/17 Q3/17 Q4/17 Q1/18 2020
United States 54.90 May/17   53.1 52.4 51.5 52 52
Euro Area 0.90 May/17   0.66 0.47 0.25 0.36 1.2
China 51.20 May/17   51.4 51.4 51 51.37 51
Japan 12.00 Mar/17   5 14.12 10 14.35 2
Germany 114.60 May/17   115 106 106 106 104
United Kingdom 1.00 Jun/17   10 6 4 7 2
France 108.00 Jun/17   110 102 103 104 108
India 57.20 Jun/16   55 54.5 56 56.8 59
Italy 106.90 May/17   107 103 104 105 112
Brazil 51.90 Jun/17   53.5 56.3 55.6 56 51
Canada 53.80 May/17   61 59 57.4 57 52
South Korea 82.00 May/17   80 79 79 82 83
Australia 7.00 May/17   4 6 8 6.41 6
Russia -1.00 May/17   -2 1 2 -1 6
Spain 0.50 May/17   -1 -1.6 -1.2 -0.6 -4
Mexico 47.55 May/17   46 48 49 50 53.5
Indonesia 103.42 Mar/17   108 109 107 101 108
Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Albania -0.10 Mar/17   -5.2 -4.5 -2.8 -1.88 -5
Angola -32.00 Sep/16   -28.87 -28.68 -29.06 -28.75 -28.76
Armenia 51.00 Jun/16   52.54 52.58 52.64 52.66 52.45
Australia 7.00 May/17   4 6 8 6.41 6
Austria 2.00 May/17   -6.4 2.5 -7.9 2.61 -3.7
Bangladesh 9.96 Dec/14   10 11 12 11 14
Belgium -1.10 May/17   -0.99 -0.95 -0.96 -0.95 -0.95
Botswana 48.00 Jun/17 48 55 55 67 74
Brazil 51.90 Jun/17   53.5 56.3 55.6 56 51
Bulgaria 28.50 May/17   28.42 29.09 29.11 29.18 29.18
Canada 53.80 May/17   61 59 57.4 57 52
Cape Verde 5.00 Mar/17   2.48 -0.1 -1.29 -0.68 0.78
Chile 44.93 May/17 44.93 44.89 44.9 44.9 44.9
China 51.20 May/17   51.4 51.4 51 51.37 51
Colombia -8.80 May/17   -5.16 -4.37 -10.3 -4.69 2
Croatia 6.90 May/17   4.3 8.03 -2 7.78 -5
Cyprus 116.10 May/17   110 116 109 116 103
Czech Republic 94.90 May/17   94.71 94.41 94.27 94.21 94.13
Denmark -5.00 May/17   -4 -4.38 -5 -4.43 -6
Ecuador 1183.10 Apr/17   1183 1186 1188 1189 1205
Estonia 105.30 May/17   105 105 105 105 105
Euro Area 0.90 May/17   0.66 0.47 0.25 0.36 1.2
European Union 3.00 Apr/17 3 2.02 0 -2.33 -5.23
Finland 7.70 May/17   7.72 9.52 10.46 10.99 11.63
France 108.00 Jun/17   110 102 103 104 108
Georgia 17.50 Mar/17   4.81 8.84 6.02 13 3.08
Germany 114.60 May/17   115 106 106 106 104
Greece 93.20 May/17   95.2 97.1 98 98.8 105
Hong Kong 5.00 Jun/17   4 5.07 6.84 3.65 5.83
Hungary 7.90 May/17   8.04 8.57 8.69 8.72 8.73
India 57.20 Jun/16   55 54.5 56 56.8 59
Indonesia 103.42 Mar/17   108 109 107 101 108
Ireland 16.00 Mar/17   20 27 32 36 59
Israel 19.60 May/17   21 16.5 15.9 15.41 20.4
Italy 106.90 May/17   107 103 104 105 112
Japan 12.00 Mar/17   5 14.12 10 14.35 2
Kazakhstan 6.00 Mar/17   8 7 5 7 9
Latvia 2.30 May/17   2.08 1.61 2.02 1.7 1.85
Lithuania -5.40 May/17   -5.54 -4.37 -4.7 -4.56 -4.6
Luxembourg 112.30 May/17   113 113 113 113 113
Macedonia 24.40 May/17   21.5 24.14 17.2 24.11 5.5
Malaysia 112.70 Mar/17   115 108 105 110 108
Maldives 59.00 Mar/17   42 35 22 31 6.57
Malta 113.20 May/17   113 113 113 113 113
Mauritius 97.50 Dec/16   98.9 96.49 98.44 98.13 98.44
Mexico 47.55 May/17   46 48 49 50 53.5
Mozambique 92.60 Jan/17   98 92.59 92.53 92.54 92.54
Netherlands 6.10 May/17   4.8 6.13 4.5 6.01 2.9
New Caledonia 88.60 Dec/16   90.34 89.63 86.45 85.71 87.92
New Zealand 14.90 May/17   15.79 12.86 11.17 9.76 4.65
Nigeria -27.70 Mar/17   -11 -9 -8 -25.88 3.18
Norway 1.10 Mar/17   2.5 3.6 4.02 4.23 2.62
Peru 54.00 May/17   53.87 56.59 56.68 56.13 55.46
Philippines 43.00 Jun/17   41 40 42 43 50
Poland 8.10 May/17   4.8 7.75 7.7 8.6 8
Portugal 2.00 May/17   2.1 1.3 0.9 1 1.1
Qatar 20.70 Dec/16   19.74 19.22 20.01 19.74 20.04
Romania -0.10 May/17   -0.15 -0.27 -0.29 -0.3 -0.3
Russia -1.00 May/17   -2 1 2 -1 6
Saudi Arabia 3.00 Jun/16   1 3 5 1 12
Sierra Leone 66.10 Dec/13   63.84 63.81 63.79 63.78 63.71
Singapore 7.00 Mar/17   3 6 2 1 7
Slovakia 2.30 May/17   3.4 3.47 6.4 3.52 0.5
Slovenia 6.00 May/17   7 5.02 5 4.77 2
South Africa 29.00 Jun/17   41 42 45 27.38 45
South Korea 82.00 May/17   80 79 79 82 83
Spain 0.50 May/17   -1 -1.6 -1.2 -0.6 -4
Sri Lanka 95.00 Mar/17   81.43 84.46 87.14 82.15 44.38
Sweden 110.30 Jun/17   108 111 112 112 112
Switzerland 101.60 May/17   104 101 105 101 101
Thailand 52.30 May/17   49.9 51.4 50.5 51 52
Turkey 109.20 May/17   110 106 107 107 104
Uganda 55.30 May/17   58 57.2 56 55.6 57.7
Ukraine 113.30 Mar/17   113 111 111 110 108
United Kingdom 1.00 Jun/17   10 6 4 7 2
United States 54.90 May/17   53.1 52.4 51.5 52 52