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 22.60 9.10 35.10 -5.00 percent [+]
Manufacturing Production 22.70 10.80 41.30 -4.30 percent [+]
Changes in Inventories 158.80 78.00 379.40 -261.70 GEL Million [+]
Leading Economic Index 2.10 5.30 8.40 -0.80 percent [+]
Mining Production 11.10 -1.80 119.80 -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 Notes

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 June 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 May/17
Brazil 51.90 Jun/17
Canada 53.80 May/17
China 51.20 May/17
Euro Area 0.90 May/17
France 108.00 Jun/17
Germany 115.10 Jun/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 107.30 Jun/17
Japan 12.00 Mar/17
Mexico 47.55 May/17
Netherlands 6.10 May/17
Russia -1.00 Jun/17
South Korea 82.00 May/17
Spain 0.50 May/17
Switzerland 101.60 May/17
Turkey 112.40 Jun/17
United Kingdom 1.00 Jun/17
United States 54.90 May/17