Macedonia Business Confidence - Forecast

Business Confidence in Macedonia is expected to be 26.60 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 21.20 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 15.00 Index Points in 2020, according to our econometric models.


Macedonia Business Confidence
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Macedonia Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Industrial Production 4.6 2.42 2.72 2.41 2.35 2.18
Manufacturing Production 2.6 3.97 3.4 2.88 2.71 2.51
Changes in Inventories 51320 50717 52099 53481 53403 44434
Internet Speed 7708 7737 7716 7764 7732 7766
IP Addresses 377561 361316 359369 357849 356524 346186
Steel Production 19.7 30.11 30.09 30.03 30.05 30.05
Corruption Index 35 35 35 35 35 35
Corruption Rank 107 107 107 107 107 107
Competitiveness Index 4.23 4.23 4.23 4.23 4.23 4.23
Competitiveness Rank 68 68 68 68 68 68
Business Confidence 28.2 26.6 25.7 24.4 21.2 15
Ease of Doing Business 11 11 11 11 11 11