Business Confidence in Philippines increased to 40.20 points in the fourth quarter of 2019 from 37.30 points in the third quarter of 2019. Philippines Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Business Confidence in Philippines averaged 29.64 points from 2001 until 2019, reaching an all time high of 54.90 points in the second quarter of 2013 and a record low of -32.60 points in the fourth quarter of 2001. This page provides - Philippines Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bangko Sentral ng Pilipinas
Business Confidence in Philippines is expected to be 40.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Philippines to stand at 50.00 in 12 months time. In the long-term, the Philippines Business Confidence is projected to trend around 50.00 points in 2021, according to our econometric models.