Dominican Republic Business Confidence2022 Data - 2023 Forecast

Name: Dominican Republic Business Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Dominican Republic Business Confidence, data, historical, chart, forecasts, news,2021,2022,2023

Business Confidence in Dominican Republic increased to 57.50 points in the fourth quarter of 2021 from 55.50 points in the third quarter of 2021. source: Central Bank of Dominican Republic

Business Confidence in Dominican Republic averaged 54.69 points from 2009 until 2021, reaching an all time high of 59.80 points in the second quarter of 2021 and a record low of 46.50 points in the second quarter of 2020. This page provides - Dominican Republic Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Business Confidence - values, historical data and charts - was last updated on May of 2022.

Business Confidence in Dominican Republic 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 Dominican Republic Business Confidence is projected to trend around 58.00 points in 2023 and 61.00 points in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Business Confidence	57.50	55.50	points	Dec 2021
Leading Economic Index	11.70	12.10	percent	Aug 2021
Changes In Inventories	-17884.08	343.55	DOP Millions	Jun 2021

Dominican Republic Business Confidence

In Dominican Republic, the Industrial Confidence Index (ICI) is based on a survey of around 300 industrial companies. The index assesses the level of optimism that executives have about current and expected production, demand and inventories. The index is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.