Business Confidence in Singapore increased to -7 points in the second quarter of 2020 from -56 points in the first quarter of 2020.
Business Confidence in Singapore averaged 12.99 points from 1970 until 2020, reaching an all time high of 54 points in the first quarter of 1976 and a record low of -57 points in the fourth quarter of 2008. This page provides - Singapore Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Singapore
Business Confidence in Singapore is expected to be -22.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Singapore to stand at -12.00 in 12 months time. In the long-term, the Singapore Business Confidence is projected to trend around -10.00 points in 2021 and -4.00 points in 2022, according to our econometric models.