The Business Tendency Index in Indonesia soared to 108.81 in the second quarter of 2019, the highest in a year, from 102.1 in the previous period. There were increases in both income expectations (114.44 vs 101.07 in Q1) and usage of production capacity (110.73 vs 101.97), while average working hours eased (101.26 vs 103.25). Business Confidence in Indonesia averaged 106.79 Index Points from 2000 until 2019, reaching an all time high of 122.50 Index Points in the second quarter of 2000 and a record low of 95.12 Index Points in the first quarter of 2006.

Business Confidence in Indonesia is expected to be 106.10 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 Indonesia to stand at 105.50 in 12 months time. In the long-term, the Indonesia Business Confidence is projected to trend around 108.00 Index Points in 2020, according to our econometric models.

Indonesia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-05 05:00 AM Business Confidence Q3 108.05 112.82 111.6
2019-02-06 04:30 AM Business Confidence Q4 104.71 108.05 106.9
2019-05-06 04:30 AM Business Confidence Q1 102.1 104.71 105
2019-08-05 05:00 AM Business Confidence Q2 108.81 102.1 106.5
2019-11-05 05:00 AM Business Confidence Q3 106


Indonesia Business Last Previous Highest Lowest Unit
Business Confidence 108.81 102.10 122.50 95.12 Index Points [+]
Manufacturing PMI 49.10 49.00 58.50 46.40 [+]
Industrial Production 8.10 3.60 34.50 -25.40 percent [+]
Industrial Production Mom 20.30 -15.80 29.17 -24.80 percent [+]
Capacity Utilization 75.42 77.18 79.78 62.43 percent [+]
Changes in Inventories 59179.55 61523.99 82372.21 -57612.55 IDR Billion [+]
Car Registrations 90403.00 89105.00 115974.00 1898.00 [+]
Internet Speed 7203.29 6748.49 7203.29 599.80 KBps [+]
IP Addresses 2826875.00 2730339.00 7663463.00 275643.00 IP [+]
Competitiveness Index 64.63 64.94 64.94 4.18 Points [+]
Competitiveness Rank 50.00 45.00 55.00 34.00 [+]
Car Production 1055774.00 982337.00 1055774.00 32237.00 [+]
Corruption Index 38.00 37.00 38.00 17.00 Points [+]
Corruption Rank 89.00 96.00 143.00 41.00 [+]
Ease of Doing Business 73.00 72.00 129.00 72.00 [+]


Indonesia Business Confidence

In Indonesia, the Business Tendency Index (BTI) measures the expectations of entrepreneurs about current business income, production capacity, average working hours and future domestic and foreign orders, selling prices and raw materials. The survey covers a sample of around 2000 managers from large and medium companies from almost all regions of the country and from the main sectors of the economy (Agriculture, Mining and Quarrying, Manufacturing, Electricity, Gas and Water, Construction, Trade, Hotels, Transportation and Communication, Financial and Services). For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a weighted average of those proportions. The BTI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides - Indonesia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
108.81 102.10 122.50 95.12 2000 - 2019 Index Points Quarterly




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.40 Sep/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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