Portugal Business Confidence  1989-2017 | Data | Chart | Calendar

The Portuguese economic climate indicator came at 1.2 in December 2016, unchanged from previous month's level. There was an improvement in confidence among manufacturers (+1.1 from +0.4 in November) and services providers (+7.0 from +6.9) while sentiment deteriorated for constructors (-30.2 from -29.7 in November) and retailers (+6.2 from +6.4). Business Confidence in Portugal averaged 1.57 from 1989 until 2016, reaching an all time high of 5.20 in February of 1989 and a record low of -4 in December of 2012.

Portugal Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-28 08:30 AM Oct 1.3 1.4 1.1
2016-11-29 09:30 AM Nov 1.2 1.3 0.9
2017-01-03 11:00 AM Dec 1.2 1.2 1.14
2017-01-30 09:30 AM Jan 1.2 1.23
2017-02-27 09:30 AM Feb 1.27
2017-03-30 08:30 AM Mar 1.27




Portugal Business Last Previous Highest Lowest Unit
Business Confidence 1.20 1.20 5.20 -4.00 [+]
Industrial Production 1.60 -0.50 13.40 -15.50 percent [+]
Industrial Production Mom -0.80 1.40 5.50 -4.00 percent [+]
Manufacturing Production -3.00 -0.70 10.20 -19.70 percent [+]
Capacity Utilization 80.25 80.21 85.37 68.47 percent [+]
New Orders 112.60 111.00 151.30 68.40 Index Points [+]
Changes in Inventories 26.76 236.67 501.35 -477.29 EUR Million [+]
Car Registrations 16525.00 14936.00 32914.00 5442.00 Cars [+]
Leading Economic Index 0.60 0.60 6.30 -4.50 percent [+]
Mining Production 0.40 -2.50 80.80 -52.10 percent [+]
Competitiveness Index 4.48 4.52 4.54 4.37 Points [+]
Competitiveness Rank 46.00 38.00 51.00 36.00 [+]
Ease of Doing Business 25.00 24.00 48.00 23.00 [+]
Electricity Production 4721.00 4238.00 5664.00 2106.00 Gigawatt-hour [+]
Corruption Index 63.00 63.00 69.70 55.60 Points [+]
Corruption Rank 28.00 31.00 35.00 19.00 [+]



Portugal Business Confidence Notes

In Portugal, the National Statistics Institute (INE) economic climate indicator on three terms moving averages is calculated in order to receive a timely composite indicator for the several sectors of economic activity. It is estimated using balances of questions from the Manufacturing Industry (1179 companies), Trade (1102 companies), Construction and Public Works (822 companies) and Services (1427 companies) surveys. The calculation is based on the factor analysis and the estimated series (the common component) is calibrated using the GDP change rates. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends. This page provides the latest reported value for - Portugal Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Business Confidence - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.20 5.20 -4.00 1989 - 2016 Monthly



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Albania -0.10 Dec/16
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Armenia 51.00 Jun/16
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Brazil 50.10 Jan/17
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Malta 115.50 Dec/16
Mauritius 93.00 Sep/16
Mexico 51.80 Dec/16
Mozambique 90.20 Nov/16
Netherlands 4.70 Dec/16
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway -5.00 Sep/16
Peru 61.00 Oct/16
Philippines 39.80 Dec/16
Poland -2.60 Dec/16
Portugal 1.20 Dec/16
Qatar 20.40 Jun/16
Romania 1.00 Dec/16
Russia -8.00 Dec/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 4.00 Sep/16
Slovakia 4.70 Dec/16
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South Africa 38.00 Dec/16
South Korea 72.00 Dec/16
Spain -2.80 Dec/16
Sri Lanka 102.00 Sep/16
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Switzerland 102.20 Dec/16
Thailand 50.30 Dec/16
Turkey 98.40 Dec/16
Uganda 53.95 Dec/16
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United Kingdom -8.00 Dec/16
United States 54.70 Dec/16