Business Confidence in Latvia increased to -1.60 points in January from -6.40 points in December of 2021. source: Central Statistical Bureau of Latvia

Business Confidence in Latvia averaged -6.78 points from 1993 until 2022, reaching an all time high of 12.50 points in March of 2007 and a record low of -44.70 points in July of 1993. This page provides the latest reported value for - Latvia Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Business Confidence - values, historical data and charts - was last updated on May of 2022.

Business Confidence in Latvia is expected to be -1.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Business Confidence is projected to trend around 3.00 points in 2023, according to our econometric models.

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Latvia Business Confidence

Related Last Previous Unit Reference
Business Confidence -1.60 -6.40 points Jan 2022
Industrial Production Mom 3.50 -2.50 percent Mar 2022
Industrial Production 6.30 -0.60 percent Mar 2022
Manufacturing Production 2.50 9.30 percent Feb 2022
Car Registrations 3710.00 2874.00 Mar 2022
Mining Production 15.20 9.40 percent Feb 2022
Changes In Inventories 130047.00 418405.00 EUR Thousand Dec 2021

Latvia Business Confidence
In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.
Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -6.40 12.50 -44.70 1993 - 2022 points Monthly