Saudi Arabia Business Confidence - Forecast

Business Confidence in Saudi Arabia is expected to be 5.00 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 Saudi Arabia to stand at 5.00 in 12 months time. In the long-term, the Saudi Arabia Business Confidence is projected to trend around 5.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Saudi Arabia Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 3 5 5 5 5 5
Manufacturing PMI 55.1 54.9 55.7 55 56 57
Industrial Production 3.44 0.8 0.7 0.6 0.9 1
Changes in Inventories 42358 38000 40000 41000 41500 42900
Internet Speed 6706 8000 8075 8124 8215 8433
IP Addresses 3510242 2992123 2888031 2876293 2791496 2501346
Industrial Production Mom 0.59 0.2 0.4 0.5 0.5 0.8
Manufacturing Production 8.09 7.1 6.3 6.5 6.8 9.4
Mining Production 2.01 3.1 2.8 1.5 1.2 0.1
Competitiveness Index 4.83 4.83 4.83 4.7 4.7 4.7
Competitiveness Rank 30 30 30 31 31 32
Ease of Doing Business 92 91 91 90 90 89
Corruption Index 49 49 49 47 47 46
Corruption Rank 57 58 58 60 60 59
Steel Production 503 446 460 436 435 500