Georgia Business Confidence  2014-2016 | Data | Chart | Calendar

Business Confidence in Georgia decreased to 25 in the third quarter of 2016 from 26.40 in the second quarter of 2016. Business Confidence in Georgia averaged 21.58 from 2014 until 2016, reaching an all time high of 40.40 in the third quarter of 2014 and a record low of 3.60 in the second quarter of 2015.

Georgia Business Confidence
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Georgia Business Last Previous Highest Lowest Unit
Industrial Production 8.10 10.40 35.10 -5.00 percent [+]
Manufacturing Production 6.00 8.30 41.30 -3.66 percent [+]
Changes in Inventories 291.80 369.70 379.40 -261.70 GEL Million [+]
Leading Economic Index 1.30 1.50 8.40 -0.80 percent [+]
Mining Production 4.20 18.70 119.80 -66.39 percent [+]
Competitiveness Index 4.32 4.22 4.32 3.75 Points [+]
Competitiveness Rank 59.00 66.00 93.00 59.00 [+]
Business Confidence 25.00 26.40 40.40 3.60 [+]
Ease of Doing Business 16.00 23.00 24.00 8.00 [+]
Corruption Index 52.00 52.00 52.00 18.00 Points [+]
Corruption Rank 48.00 50.00 133.00 48.00 [+]



Georgia Business Confidence Notes

Business confidence for Georgia is measured by seven sector-specific indices focusing on services, retail trade, agriculture, manufacturing industry, financial service, construction and other sectors. The indicator is calculated as a weighted average of the balances induced from all the answers about production, sales, turnover, competition, order books, volume of stock, demand evaluation, operation costs, profit, employment, and sales price setting. Using this method, a confidence index of +100 would indicate that all survey respondents were much more confident about future prospects, while -100 would indicate that all survey respondents were much less confident about future prospects. This page provides - Georgia Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Georgia Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
25.00 26.40 40.40 3.60 2014 - 2016 Quarterly



Last
Albania 3.60 Sep/16
Angola -34.00 Jun/16
Armenia 51.00 Jun/16
Australia 4.00 Oct/16
Austria 0.50 Nov/16
Bangladesh 9.96 Dec/14
Belgium -1.80 Nov/16
Brazil 51.70 Nov/16
Bulgaria 14.30 Nov/16
Canada 56.80 Nov/16
Cape Verde 0.00 Sep/16
Chile 42.73 Oct/16
China 51.70 Nov/16
Colombia -5.50 Oct/16
Croatia 3.20 Nov/16
Cyprus 115.20 Nov/16
Czech Republic 97.50 Nov/16
Denmark -8.00 Nov/16
Ecuador 1168.40 Sep/16
Estonia 104.00 Oct/16
Euro Area 0.42 Nov/16
European Union 106.90 Oct/16
Finland -4.00 Nov/16
France 103.00 Nov/16
Georgia 25.00 Sep/16
Germany 110.40 Nov/16
Greece 92.40 Nov/16
Hong Kong 2.00 Dec/16
Hungary 2.80 Nov/16
India 57.20 Jun/16
Indonesia 107.89 Sep/16
Ireland 23.00 Sep/16
Israel 17.10 Nov/16
Italy 102.00 Nov/16
Japan 6.00 Sep/16
Kazakhstan 6.00 Sep/16
Latvia -6.00 Nov/16
Lithuania -8.30 Oct/16
Luxembourg 105.30 Nov/16
Macedonia 25.50 Oct/16
Malaysia 83.90 Sep/16
Maldives -21.00 Sep/16
Malta 114.60 Nov/16
Mauritius 93.00 Sep/16
Mexico 52.00 Nov/16
Mozambique 90.90 Oct/16
Netherlands 3.40 Nov/16
New Caledonia 79.90 Jun/16
New Zealand 20.50 Nov/16
Nigeria -24.10 Sep/16
Norway -5.00 Sep/16
Peru 61.00 Oct/16
Philippines 39.80 Dec/16
Poland -1.80 Nov/16
Portugal 1.20 Nov/16
Qatar 20.40 Mar/16
Romania 0.80 Nov/16
Russia -7.00 Nov/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 4.00 Sep/16
Slovakia -1.00 Nov/16
Slovenia 7.00 Nov/16
South Africa 38.00 Dec/16
South Korea 72.00 Nov/16
Spain 0.30 Nov/16
Sri Lanka 86.00 Jun/16
Sweden 107.20 Nov/16
Switzerland 102.20 Nov/16
Thailand 49.50 Nov/16
Turkey 103.70 Nov/16
Uganda 54.35 Nov/16
Ukraine 109.20 Sep/16
United Kingdom -8.00 Dec/16
United States 53.20 Nov/16