Macedonia Business Confidence - Forecast

Business Confidence in Macedonia is expected to be 29.30 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 23.00 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.


Forecast Data Chart
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Macedonia Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Industrial Production 8.4 7.3 6.9 6.5 6.4 2.5
Manufacturing Production 12.5 5.67 4.69 3.64 3.09 2.57
Changes in Inventories 51320 53883 55510 56141 56772 60820
Internet Speed 7708 7716 7764 7732 7754 7766
IP Addresses 377561 381776 383004 383485 383330 383049
Steel Production 35 29.13 28.78 29.34 29.1 29.16
Corruption Index 35 33 33 33 32 32
Corruption Rank 107 110 113 115 116 113
Competitiveness Index 4.23 4.22 4.21 4.21 4.22 4.22
Competitiveness Rank 68 70 73 72 72 72
Business Confidence 29.5 29.3 29 25.5 23 15
Ease of Doing Business 11 3 1 1 1 1