Maldives Business Confidence in Tourism2022 Data - 2023 Forecast

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

Business Confidence in Maldives increased to 94 points in the fourth quarter of 2021 from 25 points in the third quarter of 2021. source: Maldives Monetary Authority

Business Confidence in Maldives averaged 8.39 points from 2014 until 2021, reaching an all time high of 100 points in the first quarter of 2021 and a record low of -100 points in the second quarter of 2020. This page provides - Maldives Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Business Confidence in Tourism - values, historical data and charts - was last updated on June of 2022.

Business Confidence in Maldives is expected to be -20.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Business Confidence in Tourism is projected to trend around -12.00 points in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Capacity Utilization	69.50	60.70	percent	Feb 2022
Business Confidence	94.00	25.00	points	Dec 2021

Maldives Business Confidence in Tourism

The Quarterly Business Survey is conducted by the MMA with the aim of obtaining a quick assessment of current business trends and expected future economic activity. The respondents of the business survey are senior managers or top management of businesses who has an overall view of the business situation. The questions cover the views of the senior management (for the past quarter and expectation for the next quarter) on the direction of change in various business variables such as sales, output, prices, exports, capacity utilisation and employment which are useful for analysing and predicting economic activity. The qualitative response for these questions takes the form of either increase, decrease or no change. The business survey conducts for the main sector of the economy which is tourism.