Macedonia Business Confidence  Forecast


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Business Confidence in Macedonia is expected to be 17.20 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 17.83 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 Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production 0.3 0.31 0.71 1.26 1.51 1.87
Manufacturing Production 0.4 0.06 1.59 1.91 2.11 2.29
Changes in Inventories 51320 53481 53403 53325 53246 47937
Internet Speed 7708 7570 7492 7408 7313 6399
IP Addresses 377561
Corruption Index 37 37 37 37 37 36
Corruption Rank 90 96 96 96 96 96
Competitiveness Index 4.23 4.25 4.23 4.22 4.21 4.18
Competitiveness Rank 68 64 67 68 70 72
Business Confidence 26.3 17.2 22.29 19.96 17.83 5.5
Ease of Doing Business 11 20 21 21 21 29
Steel Production 25 18.51 17.39 17.32 17 16.07