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 20.60 21.80 35.10 -5.00 percent [+]
Manufacturing Production 0.90 24.30 41.30 -4.30 percent [+]
Changes in Inventories 512.00 139.30 512.00 -261.70 GEL Million [+]
Leading Economic Index 5.50 4.40 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 0.00 10.20 119.80 -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 April 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 7.00 Mar/18
Brazil 56.70 Apr/18
Canada 59.80 Mar/18
China 51.50 Mar/18
Euro Area 1.34 Mar/18
France 111.00 Mar/18
Germany 114.70 Mar/18
India 59.70 Dec/17
Indonesia 111.02 Dec/17
Italy 109.10 Mar/18
Japan 24.00 Mar/18
Mexico 50.20 Mar/18
Netherlands 9.50 Mar/18
Russia -2.00 Mar/18
South Korea 74.00 Mar/18
Spain 2.90 Mar/18
Switzerland 106.00 Mar/18
Turkey 111.90 Mar/18
United Kingdom 13.00 Mar/18
United States 59.30 Mar/18


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