Business Confidence in Saudi Arabia decreased to -2 points in the third quarter of 2016 from 3 points in the second quarter of 2016. Business Confidence in Saudi Arabia averaged 29.06 points from 2009 until 2016, reaching an all time high of 63.00 points in the third quarter of 2011 and a record low of -12.00 points in the first quarter of 2016. source: Dun & Bradstreet
In Saudi Arabia, the Business Optimism Index (BOI) assesses the level of optimism that business executives in the hydrocarbon sector have about current and expected developments regarding sales, profits, selling prices, orders, inventories and employment. The index is based on a sample which includes business executives from Saudi Arabia´s mining, oil and gas companies. Business confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-2.00 |
3.00 |
63.00 |
-12.00 |
2009 - 2016 |
points |
Quarterly |
|