Business Confidence in Uganda decreased to 55.80 points in May from 56.50 points in April of 2022. source: Bank of Uganda

Business Confidence in Uganda averaged 55.74 points from 2012 until 2022, reaching an all time high of 65.30 points in January of 2013 and a record low of 33.59 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 July of 2022.

Business Confidence in Uganda is expected to be 52.70 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 55.00 points in 2023 and 56.00 points in 2024, according to our econometric models.

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Uganda Business Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 09:00 AM Apr 56.4 57.7 58
2022-06-07 09:00 AM May 55.8 56.5 57
2022-07-06 10:00 AM Jun 55.8 54.3


Related Last Previous Unit Reference
Business Confidence 55.80 56.50 points May 2022
Leading Economic Index -0.10 0.60 percent Feb 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
55.80 56.50 65.30 33.59 2012 - 2022 points Monthly
NSA