Hong Kong Business Confidence  2006-2017 | Data | Chart | Calendar

Business confidence in Hong Kong rose to 6 in the third quarter of 2017 from 5 in the previous period. It is the highest reading since the fourth quarter of 2014. By sector, expectations for the business situation improved in financing and insurance (+19); manufacturing (+18); information and communication (+17); real estate (+6) and transportation (+2). On the other hand, expectations worsened in construction (-9), retail (-4) and in accommodation and food services (-2). Business Confidence in Hong Kong averaged 8.34 from 2006 until 2017, reaching an all time high of 32 in the third quarter of 2006 and a record low of -53 in the first quarter of 2009.

Hong Kong Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-01-20 08:45 AM Business Confidence -1 2 3.10
2017-04-21 08:45 AM Business Confidence 5 -1 4
2017-07-21 08:30 AM Business Confidence 6 5 7
2017-10-20 08:30 AM Business Confidence 6 8.37


Hong Kong Business Last Previous Highest Lowest Unit
Business Confidence 6.00 5.00 32.00 -53.00 [+]
Manufacturing PMI 49.70 51.30 53.30 44.40 [+]
Industrial Production 0.40 0.20 7.10 -12.50 percent [+]
Changes in Inventories 235.00 5344.00 34679.00 -16338.00 HKD Million [+]
Bankruptcies 8738.00 7691.00 16200.00 409.00 Companies [+]
Car Registrations 2761.00 2943.00 6154.00 332.00 Cars [+]
Competitiveness Index 5.48 5.46 5.48 5.22 Points [+]
Competitiveness Rank 9.00 7.00 12.00 7.00 [+]
Ease of Doing Business 4.00 5.00 5.00 2.00 [+]
Corruption Index 77.00 75.00 84.00 70.10 Points [+]
Corruption Rank 15.00 18.00 18.00 12.00 [+]


Hong Kong Business Confidence

In Hong Kong, the Quarterly Business Tendency Survey measures the expectations of entrepreneurs regarding changes in business situation in the current quarter compared to the previous quarter. The survey covers a sample of 560 senior managers from the main sectors of the economy: manufacturing; construction; wholesale and retail trade; accommodation and food services; transportation, storage and courier services; information and communications; financing and insurance; real estate; and professional and business services sectors. The survey result is presented as a net balance: the difference between the percentage of respondents choosing “a better outlook” and that choosing "a worse outlook". A positive sign indicates a likely upward trend while a negative sign, a likely downward trend. This page provides - Hong Kong Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Business Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.00 32.00 -53.00 2006 - 2017 Quarterly




business confidence by Country

Last
Australia 5.00 Aug/17
Brazil 52.60 Aug/17
Canada 56.30 Aug/17
China 51.70 Aug/17
Euro Area 1.09 Aug/17
France 111.00 Aug/17
Germany 115.90 Aug/17
India 64.10 Mar/17
Indonesia 111.63 Jun/17
Italy 108.10 Aug/17
Japan 17.00 Jun/17
Mexico 49.08 Aug/17
Netherlands 5.40 Aug/17
Russia -2.00 Aug/17
South Korea 78.00 Aug/17
Spain -0.40 Aug/17
Switzerland 104.10 Aug/17
Turkey 110.70 Aug/17
United Kingdom 5.00 Sep/17
United States 58.80 Aug/17