Business Confidence in Singapore is expected to be 4.00 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 Singapore to stand at 8.00 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.


Forecast Data Chart
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Singapore Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence -1 4 6 7 8 7
Manufacturing PMI 51.9 52.2 51.4 53 52.6 50.2
Industrial Production -0.2 3.7 4.5 6.8 7.6 13
Industrial Production Mom -4.9 0.8 1.1 0.7 1 1.6
Changes in Inventories 3040 3570 2020 2450 1730 1920
Bankruptcies 156 200 168 142 137 180
Car Registrations 8843 15000 12000 12200 10400 15000
Leading Economic Index 112 110 111 110 110 104
Internet Speed 20346 22500 24100 26050 27150 28790
IP Addresses 1595352 1608000 1613000 1617000 1621000 1652000
Competitiveness Index 83.48 83.98 83.98 83.98 83.98 86.48
Competitiveness Rank 2 2 2 2 2 2
Composite Pmi 52.6 52 53.1 53 52.8 53.1
Ease of Doing Business 2 2 2 2 2 2
Corruption Index 84 84 84 84 84 84
Corruption Rank 6 6 6 6 6 6