Business Confidence in Uganda increased to 50.80 points in August from 47.60 points in July of 2021. source: Bank of Uganda

Business Confidence in Uganda averaged 55.94 points from 2012 until 2021, reaching an all time high of 65.86 points in March of 2013 and a record low of 34.04 points in May of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Business Confidence in Uganda is expected to be 53.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Business Confidence is projected to trend around 56.00 points in 2022, according to our econometric models.

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Uganda Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
50.80 47.02 65.86 33.30 2012 - 2021 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-06-04 02:00 PM May 56.36 55.4 54.8
2021-07-06 09:00 AM Jun 49.37 55.87 53
2021-08-06 09:00 AM Jul 47.6 49.2 50
2021-09-06 09:30 AM Aug 50.80 47.02 48.3
2021-10-05 08:00 AM Sep 50.80
2021-11-09 02:00 PM Oct
2021-12-03 10:00 AM Nov

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.