Business Confidence in New Caledonia increased to 86.80 points in the second quarter of 2019 from 85.60 points in the first quarter of 2019.

Business Confidence in New Caledonia averaged 93.49 points from 2009 until 2019, reaching an all time high of 107.30 points in the fourth quarter of 2009 and a record low of 81.50 points in the first quarter of 2016. This page provides - New Caledonia Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Caledonia Business Confidence - values, historical data and charts - was last updated on October of 2020.

Business Confidence in New Caledonia is expected to be 83.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in New Caledonia to stand at 86.00 in 12 months time. In the long-term, the New Caledonia Business Confidence is projected to trend around 88.00 points in 2021 and 90.00 points in 2022, according to our econometric models.

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New Caledonia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
86.80 85.60 107.30 81.50 2009 - 2019 points Quarterly

New Caledonia Business Last Previous Highest Lowest Unit
Internet Speed 5316.11 5541.17 5569.70 157.63 KBps [+]
IP Addresses 58939.00 58692.00 59029.00 20841.00 IP [+]
Business Confidence 86.80 85.60 107.30 81.50 points [+]

New Caledonia Business Confidence
The business climate indicator in New Caledonia measures the expectations of entrepreneurs about the economic situation in the country. The index above 100 indicates an improving outlook and below 100 a deteriorating outlook.