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 5.00 4.30 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 -4.80 11.10 119.80 -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 17.50 17.60 40.40 3.60 [+]
Ease of Doing Business 9.00 16.00 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 November of 2017.

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




business confidence by Country
Country Last
Australia 8.00 Oct/17
Brazil 56.00 Oct/17
Canada 63.80 Oct/17
China 51.60 Oct/17
Euro Area 1.44 Oct/17
France 111.00 Oct/17
Germany 116.70 Oct/17
India 64.10 Mar/17
Indonesia 112.39 Sep/17
Italy 111.00 Oct/17
Japan 22.00 Sep/17
Mexico 49.44 Oct/17
Netherlands 8.20 Oct/17
Russia -3.00 Oct/17
South Korea 81.00 Oct/17
Spain 2.50 Oct/17
Switzerland 109.10 Oct/17
Turkey 109.50 Oct/17
United Kingdom -11.00 Dec/17
United States 58.70 Oct/17