Business Confidence in Lithuania increased to -3.40 points in January from -8.70 points in December of 2019. Lithuania Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Lithuania averaged -6.62 points from 2003 until 2020, reaching an all time high of 14 points in April of 2007 and a record low of -38 points in December of 2008. This page provides - Lithuania Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Lithuania is expected to be -4.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Lithuania to stand at -4.79 in 12 months time. In the long-term, the Lithuania Business Confidence is projected to trend around -4.78 points in 2021, according to our econometric models.

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Lithuania Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -8.70 14.00 -38.00 2003 - 2020 points Monthly

Lithuania Business Confidence
In Lithuania, industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.