Business Confidence in Ireland increased to -58 points in the second quarter of 2020 from -77 points in the first quarter of 2020. source: Irish Small and Medium Enterprises Association

Business Confidence in Ireland averaged 11.54 points from 2011 until 2020, reaching an all time high of 50 points in the fourth quarter of 2014 and a record low of -77 points in the first quarter of 2020. This page provides the latest reported value for - Ireland Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Business Confidence - values, historical data and charts - was last updated on June of 2021.

Business Confidence in Ireland is expected to be -36.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Ireland to stand at -24.00 in 12 months time. In the long-term, the Ireland Business Confidence is projected to trend around -12.00 points in 2021 and -7.00 points in 2022, according to our econometric models.

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Ireland Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-58.00 -77.00 50.00 -77.00 2011 - 2020 points Quarterly

Ireland Business Confidence
The ISME Quarterly Trends Survey measures the level of optimism that people who run small and medium companies in Ireland have about the performance of the economy and how they feel about their organizations’ prospects. The survey is based on responses from around 1000 SME owner managers across all sectors of the economy and is presented as a balance of sentiment for twelve indicators including: business expectations and environment, profitability, employment, sales, investment, exports and economic uncertainty. The result is a simple balance between positive and negative answers.