Business confidence in Hong Kong decreased to 2 in the fourth quarter of 2018 from 6 in the previous period. By sector, expectations worsened for financing & insurance (13 compared to 23 in Q3 2018) and fell for real estate (-6 compared to 1); manufacturing (-1 compared to 23) and professional & business services (-2 compared to 3). In addition, prospects deteriorated further for construction (-26 compared to -10). On the other hand, expectations improved for transportation & storage (8 compared to 5) and rebounded for retail (19 compared to -1) and accommodation & food services (17 compared to -10). Business Confidence in Hong Kong averaged 7.98 Index Points from 2006 until 2018, reaching an all time high of 32 Index Points in the third quarter of 2006 and a record low of -53 Index Points in the first quarter of 2009.

Business Confidence in Hong Kong is expected to be 5.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Hong Kong to stand at -0.84 in 12 months time. In the long-term, the Hong Kong Business Confidence is projected to trend around 1.14 Index Points in 2020, according to our econometric models.

Hong Kong Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-19 08:40 AM Business Confidence 2 5 5.82
2018-04-20 08:45 AM Business Confidence 8 2 4.30
2018-07-20 08:30 AM Business Confidence 6 8 9
2018-10-19 08:30 AM Business Confidence 2 6 5
2019-01-19 08:30 AM Business Confidence -3.36
2019-04-20 08:45 AM Business Confidence -0.25
2019-07-20 08:30 AM Business Confidence -0.84


Hong Kong Business Last Previous Highest Lowest Unit
Business Confidence 2.00 6.00 32.00 -53.00 Index Points [+]
Manufacturing PMI 47.10 48.60 53.30 44.40 [+]
Industrial Production 1.60 1.10 7.10 -12.50 percent [+]
Changes in Inventories 11918.00 2949.00 36307.00 -17104.00 HKD Million [+]
Bankruptcies 14173.00 15795.00 16200.00 409.00 Companies [+]
Car Registrations 2586.00 3124.00 6154.00 332.00 [+]
Internet Speed 21908.83 21943.39 21943.39 6090.98 KBps [+]
IP Addresses 3132077.00 3045927.00 3132077.00 1589168.00 IP [+]
Competitiveness Index 82.25 81.99 82.25 5.22 Points [+]
Competitiveness Rank 7.00 7.00 12.00 7.00 [+]
Ease of Doing Business 4.00 5.00 5.00 2.00 [+]
Corruption Index 77.00 77.00 84.00 70.10 Points [+]
Corruption Rank 13.00 15.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 6.00 32.00 -53.00 2006 - 2018 Index Points Quarterly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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