Singapore Business Confidence - Forecast

Business Confidence in Singapore is expected to be 3.40 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 Singapore to stand at 3.84 in 12 months time. In the long-term, the Singapore Business Confidence is projected to trend around 7.00 Index Points in 2020, according to our econometric models.


Singapore Business Confidence
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Singapore Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 1 3.4 3.8 3.6 3.84 7
Manufacturing PMI 53 52.9 52.4 52.2 51.4 50.2
Industrial Production 8.9 11.7 13.2 15 11.97 13
Industrial Production Mom -0.5 1.3 1.4 1.7 1.1 1.6
Changes in Inventories 6297 4303 3991 4092 4060 4068
Bankruptcies 111 160 132 200 140 180
Car Registrations 8579 15000 9170 15000 10664 20000
Leading Economic Index 113 102 113 102 113 104
Internet Speed 20346 23691 24611 24570 25039 28793
IP Addresses 1595352 1599289 1592822 1585315 1577649 1498931
Competitiveness Index 5.71 5.71 5.71 5.73 5.71 5.78
Competitiveness Rank 3 2 2 2 2 1
Composite Pmi 53.7 50.8 52.65 51.1 52.83 53.1
Ease of Doing Business 2 2 2 2 2 2
Corruption Index 84 84 84 87 84 89
Corruption Rank 6 6 6 6 6 4