Georgia Business Confidence  2014-2017 | Data | Chart | Calendar

Business Confidence in Georgia decreased to 17.50 in the first quarter of 2017 from 17.60 in the fourth quarter of 2016. Business Confidence in Georgia averaged 20.96 from 2014 until 2017, reaching an all time high of 40.40 in the third quarter of 2014 and a record low of 3.60 in the second quarter of 2015.

Georgia Business Confidence
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Georgia Business Last Previous Highest Lowest Unit
Industrial Production 17.50 22.60 35.10 -5.00 percent [+]
Manufacturing Production 19.10 22.70 41.30 -4.30 percent [+]
Changes in Inventories 245.90 -2.20 379.40 -261.70 GEL Million [+]
Leading Economic Index 4.30 3.80 8.40 -0.80 percent [+]
Mining Production -4.80 11.10 119.80 -66.39 percent [+]
Competitiveness Index 4.32 4.22 4.32 3.75 Points [+]
Competitiveness Rank 59.00 66.00 93.00 59.00 [+]
Business Confidence 17.50 17.60 40.40 3.60 [+]
Ease of Doing Business 16.00 23.00 24.00 8.00 [+]
Corruption Index 57.00 52.00 57.00 18.00 Points [+]
Corruption Rank 44.00 48.00 133.00 44.00 [+]


Georgia Business Confidence

Business confidence for Georgia is measured by seven sector-specific indices focusing on services, retail trade, agriculture, manufacturing industry, financial service, construction and other sectors. The indicator is calculated as a weighted average of the balances induced from all the answers about production, sales, turnover, competition, order books, volume of stock, demand evaluation, operation costs, profit, employment, and sales price setting. Using this method, a confidence index of +100 would indicate that all survey respondents were much more confident about future prospects, while -100 would indicate that all survey respondents were much less confident about future prospects. This page provides - Georgia Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
17.50 17.60 40.40 3.60 2014 - 2017 Quarterly




business confidence by Country

Last
Australia 7.00 Sep/17
Brazil 55.70 Sep/17
Canada 59.60 Sep/17
China 52.40 Sep/17
Euro Area 1.34 Sep/17
France 110.00 Sep/17
Germany 115.20 Sep/17
India 64.10 Mar/17
Indonesia 111.63 Jun/17
Italy 110.40 Sep/17
Japan 22.00 Sep/17
Mexico 49.66 Sep/17
Netherlands 8.50 Sep/17
Russia -3.00 Sep/17
South Korea 83.00 Sep/17
Spain 2.10 Sep/17
Switzerland 105.80 Sep/17
Turkey 111.60 Sep/17
United Kingdom 5.00 Sep/17
United States 60.80 Sep/17