Business Confidence in Estonia increased to 84.40 points in August from 81.20 points in July of 2020.

Business Confidence in Estonia averaged 102.30 points from 2001 until 2020, reaching an all time high of 117.40 points in September of 2006 and a record low of 68.60 points in April of 2020. This page provides - Estonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Estonia Business Confidence - values, historical data and charts - was last updated on October of 2020.

Business Confidence in Estonia is expected to be 105.75 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Estonia to stand at 105.76 in 12 months time. In the long-term, the Estonia Business Confidence is projected to trend around 105.75 points in 2021, according to our econometric models.

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Estonia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
87.30 81.20 117.40 68.60 2001 - 2020 points Monthly

Estonia Business Last Previous Highest Lowest Unit
Business Confidence 87.30 81.20 117.40 68.60 points [+]
Industrial Production -5.40 -0.20 36.90 -32.90 percent [+]
Industrial Production Mom -2.10 2.40 9.40 -10.10 percent [+]
Manufacturing Production -0.60 -5.70 38.90 -33.40 percent [+]
Capacity Utilization 66.00 56.70 79.40 52.20 percent [+]
Changes in Inventories -22.04 66.79 247.93 -351.49 EUR Million [+]
Car Registrations 1734.00 1516.00 3231.00 205.00 [+]
Internet Speed 11556.01 11438.06 11697.65 2923.37 KBps [+]
IP Addresses 539972.00 523132.00 542382.00 209703.00 IP [+]
Mining Production 1.90 -3.70 96.60 -49.00 percent [+]
Cement Production 19.80 22.80 94.10 11.00 Thousands of Tonnes [+]
Competitiveness Index 70.91 70.75 70.91 4.56 Points [+]
Competitiveness Rank 31.00 32.00 35.00 26.00 [+]
Corruption Index 74.00 73.00 74.00 55.00 Points [+]
Corruption Rank 18.00 18.00 33.00 18.00 [+]
Corporate Profits 431658.30 865773.10 923825.90 149443.20 EUR Thousand [+]
Ease of Doing Business 18.00 16.00 24.00 11.00 [+]
Electricity Production 557.00 629.00 1375.00 341.00 Gigawatt-hour [+]


Estonia Business Confidence
In Estonia, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The survey is made by phone and covers 1,810 companies in the country. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.