Macedonia Business Confidence - Forecast

Business Confidence in Macedonia is expected to be 25.38 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 Macedonia to stand at 12.40 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 5.50 Index Points in 2020, according to our econometric models.


Macedonia Business Confidence
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Macedonia Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Industrial Production 4.1 2.06 2.09 2.05 2.04 2.02
Manufacturing Production 5.6 2.78 2.37 2.39 2.37 2.36
Changes in Inventories 51320 49336 50717 52099 53481 47937
Internet Speed 7708 7492 7408 7313 7214 6399
IP Addresses 377561 363248 361316 359369 357849 349433
Steel Production 35 28.23 25.65 23.87 22.44 17.62
Corruption Index 37 40 39 38 37 36
Corruption Rank 90 78 84 90 96 96
Competitiveness Index 4.23 4.24 4.23 4.22 4.21 4.18
Competitiveness Rank 68 65 67 68 70 72
Business Confidence 26.8 25.38 23.18 20.87 12.4 5.5
Ease of Doing Business 11 17 16 15 14 23