Business Confidence in Philippines decreased to 37.30 Index Points in the third quarter of 2019 from 40.50 Index Points in the second quarter of 2019. Business Confidence in Philippines averaged 29.50 Index Points from 2001 until 2019, reaching an all time high of 54.90 Index Points in the second quarter of 2013 and a record low of -32.60 Index Points in the fourth quarter of 2001.

Business Confidence in Philippines is expected to be 43.00 Index 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 42.00 in 12 months time. In the long-term, the Philippines Business Confidence is projected to trend around 50.00 Index Points in 2020, according to our econometric models.

Philippines Business Confidence
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Philippines Business Last Previous Highest Lowest Unit
Business Confidence 37.30 40.50 54.90 -32.60 Index Points [+]
Industrial Production -7.90 -5.50 68.60 -26.60 percent [+]
Capacity Utilization 84.35 84.35 84.41 74.30 percent [+]
Changes in Inventories -27208.58 36468.45 92123.96 -83619.51 PHP Million [+]
Internet Speed 5450.74 4527.48 5450.74 795.57 KBps [+]
IP Addresses 1536948.00 1536732.00 1536948.00 477194.00 IP [+]
Total Vehicle Sales 9721.00 8781.00 14182.00 993.00 [+]
Manufacturing Pmi 51.80 51.90 57.50 50.60 [+]
Competitiveness Index 61.87 62.13 62.13 3.90 Points [+]
Competitiveness Rank 64.00 56.00 87.00 47.00 [+]
Ease of Doing Business 124.00 113.00 144.00 97.00 [+]
Corruption Index 36.00 34.00 38.00 23.00 Points [+]
Corruption Rank 99.00 111.00 141.00 36.00 [+]


Philippines Business Confidence

In Philippines, the Business Expectations Survey covers the top 7,000 Corporations listed on the Philippine’s Stock Exchange. The survey measures firms’ expectations on financing conditions, volume of business activity, employment and expansion plans. The index is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality. This page provides - Philippines Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
37.30 40.50 54.90 -32.60 2001 - 2019 Index Points Quarterly




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.40 Sep/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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