Georgia Business Confidence  2014-2018 | Data | Chart | Calendar

Business Confidence in Georgia increased to 28 Index Points in the fourth quarter of 2017 from 27 Index Points in the third quarter of 2017. Business Confidence in Georgia averaged 22.28 Index Points from 2014 until 2017, reaching an all time high of 40.40 Index Points in the third quarter of 2014 and a record low of 3.60 Index Points in the second quarter of 2015.

Georgia Business Confidence
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Georgia Business Last Previous Highest Lowest Unit
Industrial Production 16.20 13.50 35.10 -5.00 percent [+]
Manufacturing Production 15.10 16.70 41.30 -4.30 percent [+]
Changes in Inventories 383.60 512.00 512.00 -261.70 GEL Million [+]
Leading Economic Index 4.60 4.00 8.40 -0.80 percent [+]
Internet Speed 8774.17 8242.93 8774.17 535.00 KBps [+]
IP Addresses 508938.00 489558.00 527752.00 40728.00 IP [+]
Mining Production 30.60 12.90 119.80 -66.39 percent [+]
Competitiveness Index 4.28 4.32 4.32 3.75 Points [+]
Competitiveness Rank 67.00 59.00 93.00 59.00 [+]
Business Confidence 28.00 27.00 40.40 3.60 Index Points [+]
Ease of Doing Business 9.00 16.00 24.00 8.00 [+]
Corruption Index 56.00 57.00 57.00 18.00 Points [+]
Corruption Rank 46.00 44.00 133.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
28.00 27.00 40.40 3.60 2014 - 2017 Index Points Quarterly




business confidence by Country
Country Last
Australia 4.00 Aug/18
Brazil 53.30 Aug/18
Canada 61.90 Aug/18
China 51.30 Aug/18
Euro Area 1.22 Aug/18
France 110.00 Aug/18
Germany 103.80 Aug/18
India 59.70 Dec/17
Indonesia 112.82 Jun/18
Italy 104.80 Aug/18
Japan 21.00 Jun/18
Mexico 51.30 Aug/18
Netherlands 5.90 Aug/18
Russia -3.00 Aug/18
Saudi Arabia 3.00 Jun/16
Singapore 7.00 Jun/18
South Africa 38.00 Sep/18
South Korea 73.00 Aug/18
Spain -4.30 Aug/18
Switzerland 100.30 Aug/18
Turkey 96.40 Aug/18
United Kingdom -3.00 Sep/18
United States 61.30 Aug/18


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