Business Confidence in Philippines decreased to -5.60 points in the third quarter of 2021 from 1.40 points in the second quarter of 2021. source: Bangko Sentral ng Pilipinas

Business Confidence in Philippines averaged 27.95 points from 2001 until 2021, reaching an all time high of 54.90 points in the second quarter of 2013 and a record low of -32.60 points in the fourth quarter of 2001. This page provides - Philippines Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Business Confidence - values, historical data and charts - was last updated on December of 2021.

Business Confidence in Philippines is expected to be 15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Business Confidence is projected to trend around 30.00 points in 2022, according to our econometric models.

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Philippines Business Confidence

Related Last Previous Unit Reference
Business Confidence -5.60 1.40 points Sep/21
Philippines Business Confidence
In Philippines, the Business Expectations Survey covers the top 7,000 Corporations listed on the Philippine’s Stock Exchange. The survey measures firms’ expectations on financing conditions, volume of business activity, employment and expansion plans. The index is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality.