Business Confidence in Macedonia decreased for the third straight month to 24.10 points in May of 2022, the lowest since September of 2020. source: State Statistical Office of the Republic of Macedonia

Business Confidence in Macedonia averaged 9.96 points from 2001 until 2022, reaching an all time high of 35.20 points in February of 2020 and a record low of -35.80 points in August of 2001. This page provides - Macedonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Business Confidence in Macedonia is expected to be 22.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Business Confidence is projected to trend around 16.50 points in 2023 and 18.50 points in 2024, according to our econometric models.

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Macedonia Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-05-16 10:00 AM Apr 25.1 25.5 24.6
2022-06-15 10:00 AM May 24.1 25.1 23.8
2022-07-15 10:00 AM Jun 24.1

Related Last Previous Unit Reference
Industrial Production -3.80 3.20 percent Apr 2022
Changes in Inventories 45110.16 91618.93 MKD Million Dec 2020
Business Confidence 24.10 25.10 points May 2022

Macedonia Business Confidence
In Macedonia, the Business Tendency Survey in Manufacturing industry is a qualitative survey that uses opinion-testing techniques and collects a sample of 250 business entities classified in the division No 15 to 36 of the National Classification of Activities (NACE). It collects qualitative (good, satisfactory, bad, up, unchanged, down etc.), not quantitative (numerical) data from business managers on their assessment of the current situation of the main economic indicators in their business entities and their expectations for the directions of movements of those indicators in the near future. The data is presented in the form of balances, obtained by taking the difference between weighted positive and negative answers expressed in percent.
Actual Previous Highest Lowest Dates Unit Frequency
24.10 25.10 35.20 -35.80 2001 - 2022 points Monthly