Saudi Arabia Business Confidence  Forecast


Business Confidence in Saudi Arabia is expected to be 3.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Saudi Arabia to stand at 2.00 in 12 months time. In the long-term, the Saudi Arabia Business Confidence is projected to trend around 12.00 in 2020, according to our econometric models.

Saudi Arabia Business Confidence
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Saudi Arabia Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 3 3 5 1 2 12
Manufacturing PMI 55.8 54.4 56.2 56.8 55.4 57
Industrial Production 2.5 5 5 7 7 4.3
Changes in Inventories 59701 45000 20000 61000 34000 10000
Competitiveness Index 4.84 4.8 4.8 5 5 5.4
Competitiveness Rank 29 29 29 27 27 21
Ease of Doing Business 94 92 92 90 90 83
Corruption Index 46 50 50 54 54 56
Corruption Rank 62 55 55 50 50 44
Steel Production 380 480 540 530 490 580