Business Confidence in Saudi Arabia increased to 3 in the second quarter of 2016 from -12 in the first quarter of 2016. Business Confidence in Saudi Arabia averaged 30.10 from 2009 until 2016, reaching an all time high of 63.00 in the third quarter of 2011 and a record low of -12.00 in the first quarter of 2016.

Business Confidence in Saudi Arabia is expected to be 5.00 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 Saudi Arabia to stand at 5.00 in 12 months time. In the long-term, the Saudi Arabia Business Confidence is projected to trend around 5.00 Index Points in 2020, according to our econometric models.

Saudi Arabia Business Confidence
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Saudi Arabia Business Last Previous Highest Lowest Unit
Business Confidence 3.00 -12.00 63.00 -12.00 Index Points [+]
Manufacturing PMI 57.30 56.80 61.80 51.40 [+]
Industrial Production 2.34 5.84 25.87 -24.93 percent [+]
Changes in Inventories -6297.00 43955.00 121176.00 -51524.00 SAR Million [+]
Internet Speed 6705.52 6321.15 6705.52 1242.08 KBps [+]
IP Addresses 3510242.00 3551866.00 4339235.00 177395.00 IP [+]
Industrial Production Mom -0.35 4.17 4.17 -3.10 percent [+]
Manufacturing Production 3.71 16.44 21.50 -2.65 percent [+]
Mining Production 3.39 1.95 6.02 -6.75 percent [+]
Crude Oil Rigs 62.00 65.00 81.00 11.00 [+]
Competitiveness Index 67.50 65.91 67.50 4.54 Points [+]
Competitiveness Rank 39.00 41.00 41.00 17.00 [+]
Ease of Doing Business 92.00 92.00 96.00 10.00 [+]
Corruption Index 49.00 49.00 52.00 33.00 Points [+]
Corruption Rank 58.00 57.00 80.00 46.00 [+]
Steel Production 480.00 495.00 558.00 7.00 Thousand Tonnes [+]


Saudi Arabia Business Confidence

In Saudi Arabia, the Business Optimism Index (BOI) assesses the level of optimism that business executives in the hydrocarbon sector have about current and expected developments regarding sales, profits, selling prices, orders, inventories and employment. The index is based on a sample which includes business executives from Saudi Arabia´s mining, oil and gas companies. Business confidence is measured on a scale of -100 to 100, where levels above 0 indicate optimism, 0 neutrality and below 0 pessimism. This page provides - Saudi Arabia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 -12.00 63.00 -12.00 2009 - 2016 Index Points Quarterly




Country Last Previous
Australia 7.00 May/19
Brazil 56.50 May/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.90 May/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 98.90 May/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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