Macedonia Business Confidence  Forecast


Business Confidence in Macedonia is expected to be 25.64 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 25.78 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 5.50 in 2020, according to our econometric models.

Macedonia Business Confidence
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Macedonia Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Industrial Production -2.2 -3.03 -0.41 -1.28 -0.99 -1.07
Manufacturing Production -2.6 3.25 2.47 2.52 2.47 2.44
Changes in Inventories 44099 44424 45965 45830 45694 50875
Corruption Index 37 37 36 35 35 34
Corruption Rank 90 92 99 99 99 101
Competitiveness Index 4.23 4.28 4.28 4.32 4.33 4.49
Competitiveness Rank 68 62 62 70 73 72
Business Confidence 25.8 25.64 17.2 25.78 25.78 5.5
Ease of Doing Business 10 13 12 12 11 11
Steel Production 0 14.95 18.16 16.96 17.31 17.25