Business Confidence in Greece decreased to 87.60 points in June from 88.50 points in May of 2020.

Business Confidence in Greece averaged 102.51 points from 1985 until 2020, reaching an all time high of 120.70 points in July of 2000 and a record low of 79.30 points in August of 2015. This page provides the latest reported value for - Greece Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Business Confidence in Greece is expected to be 88.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Greece to stand at 95.00 in 12 months time. In the long-term, the Greece Business Confidence is projected to trend around 101.00 points in 2021 and 105.00 points in 2022, according to our econometric models.

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Greece Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
87.60 88.50 120.70 79.30 1985 - 2020 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 09:00 AM Mar 109.4 113.2 104
2020-04-29 09:00 AM Apr 99.3 109.4 92
2020-05-28 09:00 AM May 88.5 99.3 99.5
2020-06-29 09:00 AM Jun 87.6 88.5 95
2020-07-30 09:00 AM Jul 87.6
2020-08-28 09:00 AM Aug
2020-09-29 09:00 AM Sep 88
2020-10-29 10:00 AM Oct

Greece Business Confidence
In Greece, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The survey is made by phone and covers 410 companies including sole proprietorships. 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 common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.