The business confidence index in Botswana increased to 58 in the first half of 2018 from 46 in the previous period. Confidence among domestic-oriented businesses rose to 58 from 46 in the last half of 2017, and export-oriented businesses advanced to 55 from 50. Looking ahead, there is an increase in optimism. Botswana Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Botswana averaged 49.73 Index Points from 2005 until 2017, reaching an all time high of 82 Index Points in the fourth quarter of 2008 and a record low of 28 Index Points in the fourth quarter of 2005. This page provides - Botswana Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Botswana is expected to be 67.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Botswana to stand at 72.00 in 12 months time. In the long-term, the Botswana Business Confidence is projected to trend around 74.00 Index Points in 2020, according to our econometric models.

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Botswana Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
58.00 46.00 82.00 28.00 2005 - 2018 points Biannually

Botswana Business Confidence
In Botswana, the Bank’s biannual Business Expectations Survey (BES) collects information on the local business community’s perceptions about the prevailing state of the economy and economic prospects. The business confidence index (BCI) reflects business conditions at a particular point in time and it is reported on a gross basis. That is, it is calculated as the percentage of respondents indicating ‘satisfactory’ conditions to the total number of respondents indicating ‘unsatisfactory’ and ‘satisfactory’ conditions. The BCI value varies from 0 to 100, with zero indicating extreme lack of confidence, while 100 indicates extreme confidence. As an example, a BCI value of 40 is interpreted to mean that 40 percent of all respondents (gross) rated prevailing conditions as satisfactory.