Georgia Business Confidence  2014-2017 | Data | Chart | Calendar

Business Confidence in Georgia decreased to 17.60 in the fourth quarter of 2016 from 25 in the third quarter of 2016. Business Confidence in Georgia averaged 21.25 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 78.00 291.80 379.40 -261.70 GEL Million [+]
Leading Economic Index 0.30 2.00 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 17.60 25.00 40.40 3.60 [+]
Ease of Doing Business 16.00 23.00 24.00 8.00 [+]
Corruption Index 57.00 52.00 57.00 18.00 Points [+]
Corruption Rank 44.00 48.00 133.00 44.00 [+]



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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
17.60 25.00 40.40 3.60 2014 - 2016 Quarterly



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Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 10.00 Jan/17
Austria 1.20 Jan/17
Bangladesh 9.96 Dec/14
Belgium -1.10 Feb/17
Brazil 53.10 Feb/17
Bulgaria 20.20 Jan/17
Canada 57.20 Jan/17
Cape Verde 4.00 Dec/16
Chile 44.88 Jan/17
China 51.30 Jan/17
Colombia 1.90 Jan/17
Croatia 6.80 Jan/17
Cyprus 114.10 Jan/17
Czech Republic 97.00 Jan/17
Denmark -4.00 Jan/17
Ecuador 1200.00 Dec/16
Estonia 103.90 Jan/17
Euro Area 0.77 Jan/17
European Union 108.50 Jan/17
Finland 3.60 Jan/17
France 107.00 Feb/17
Georgia 17.60 Dec/16
Germany 111.00 Feb/17
Greece 95.10 Jan/17
Hong Kong -1.00 Mar/17
Hungary 4.40 Jan/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 19.80 Jan/17
Italy 104.80 Jan/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia -4.00 Jan/17
Lithuania -4.70 Jan/17
Luxembourg 113.90 Jan/17
Macedonia 26.20 Jan/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 111.20 Jan/17
Mauritius 97.50 Dec/16
Mexico 42.81 Jan/17
Mozambique 91.00 Dec/16
Netherlands 6.00 Jan/17
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.80 Dec/16
Poland 2.70 Jan/17
Portugal 1.20 Jan/17
Qatar 20.40 Jun/16
Romania 1.20 Jan/17
Russia -3.00 Jan/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 9.30 Jan/17
Slovenia 11.00 Feb/17
South Africa 38.00 Dec/16
South Korea 75.00 Jan/17
Spain -0.70 Jan/17
Sri Lanka 102.00 Dec/16
Sweden 108.90 Jan/17
Switzerland 101.70 Jan/17
Thailand 50.10 Jan/17
Turkey 105.30 Feb/17
Uganda 53.99 Jan/17
Ukraine 108.70 Dec/16
United Kingdom 15.00 Mar/17
United States 56.00 Jan/17