The economic climate indicator in Angola decreased to -7 in the third quarter of 2019 from -5 in the previous period, which was the highest reading in four years. Sentiment deteriorated mostly in the commercial, construction and transport sectors.
Business Confidence in Angola averaged 2.47 points from 2008 until 2019, reaching an all time high of 31 points in the second quarter of 2009 and a record low of -34 points in the second quarter of 2016. This page provides the latest reported value for - Angola Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Instituto Nacional de Estatística, Angola
Business Confidence in Angola is expected to be -6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Angola to stand at -7.00 in 12 months time. In the long-term, the Angola Business Confidence is projected to trend around -5.20 points in 2020, according to our econometric models.