The Business Tendency Index in Uganda increased to 58.47 in November of 2018 from an upwardly revised 57.85 in the previous month and reaching its highest level in a year. Business situation for the next 3 months improved (70.56 from 69.77) while all other gauges deteriorated: present business situation (53.45 from 54.23); order volumes (56.14 from 58.26); number of employees (49.51 from 49.80); and average selling prices (55.82 from 56.91). Also, financial situation was unchanged (at 48.78, the same as in November). Business Confidence in Uganda averaged 57.21 Index Points from 2012 until 2018, reaching an all time high of 62.61 Index Points in December of 2012 and a record low of 52.02 Index Points in August of 2015.

Business Confidence in Uganda is expected to be 55.40 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 Uganda to stand at 59.04 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 57.70 Index Points in 2020, according to our econometric models.

Uganda Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-05 02:40 PM Business Confidence 56.26 56.12 56
2018-10-04 09:00 AM Business Confidence 56.12 56.14 56.5
2018-11-07 09:00 AM Business Confidence 56.73 56.52 55.9
2018-12-05 10:00 AM Business Confidence 58.47 57.85 57.1
2019-01-04 09:00 AM Business Confidence 58.47 55.40
2019-02-06 09:15 AM Business Confidence
2019-03-06 11:15 AM Business Confidence


Uganda Business Last Previous Highest Lowest Unit
Business Confidence 58.47 57.85 62.61 52.02 Index Points [+]
Leading Economic Index 224.47 220.00 224.47 94.67 Index Points [+]
Internet Speed 2353.31 2515.97 2515.97 104.48 KBps [+]
IP Addresses 20690.00 19366.00 22382.00 1926.00 IP [+]
Ease of Doing Business 127.00 122.00 135.00 106.00 [+]
Corruption Index 26.00 25.00 29.00 19.00 Points [+]
Corruption Rank 151.00 151.00 151.00 43.00 [+]
Changes In Inventories 197.42 197.42 197.98 126.47 UGX billion [+]
Competitiveness Index 46.80 46.97 46.97 3.33 Points [+]
Competitiveness Rank 117.00 113.00 129.00 108.00 [+]
Composite Pmi 55.70 56.60 56.60 47.70 [+]


Uganda Business Confidence

In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook. This page provides the latest reported value for - Uganda Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
58.47 57.85 62.61 52.02 2012 - 2018 Index Points Monthly
NSA




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Dec/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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