Philippines Business Confidence  Forecast


Business Confidence in Philippines is expected to be 40.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Philippines to stand at 45.00 in 12 months time. In the long-term, the Philippines Business Confidence is projected to trend around 50.00 in 2020, according to our econometric models.

Philippines Business Confidence
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Philippines Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 37.9 40 42 43 45 50
Industrial Production -2 6.4 0.8 3.2 4.8 5.3
Capacity Utilization 83.75 83.5 83.7 83.5 83.5 83.9
Changes in Inventories -4985 7200 13224 -3826 -3584 6152
Car Registrations 103576 130000 138000 145000 150000 155000
Leading Economic Index 0.04 0.2 0.1 0.3 -0.1 0.2
Manufacturing Pmi 50.6 54.5 53.8 51.9 51.9 54.4
Total Vehicle Sales 12701 13780 14100 13200 13200 21450
Competitiveness Index 4.36 4.41 4.39 4.36 4.36 4.36
Competitiveness Rank 57 43 52 58 59 37
Ease of Doing Business 99 95 95 90 90 83
Corruption Index 35 40 40 43 43 51
Corruption Rank 101 85 85 82 82 69