Business Confidence in Uganda increased to 51 points in October from 49.60 points in September of 2021. source: Bank of Uganda

Business Confidence in Uganda averaged 55.82 points from 2012 until 2021, reaching an all time high of 65.86 points in March of 2013 and a record low of 33.30 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 December of 2021.

Business Confidence in Uganda is expected to be 52.50 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 53.00 points in 2022 and 55.00 points in 2023, according to our econometric models.

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Uganda Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-06 08:00 AM Sep 49.36 50.80 51
2021-11-09 02:00 PM Oct 51 49.6 50
2021-12-08 10:00 AM Nov 51 52


Related Last Previous Unit Reference
Business Confidence 51.00 49.60 points Oct/21
Leading Economic Index 0.00 0.20 percent Aug/21
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.