Business Confidence in Singapore decreased to -11 Index Points in the second quarter of 2019 from 1 Index Points in the first quarter of 2019. Business Confidence in Singapore averaged 13.65 Index Points from 1970 until 2019, reaching an all time high of 54 Index Points in the first quarter of 1976 and a record low of -57 Index Points in the fourth quarter of 2008.

Business Confidence in Singapore is expected to be 3.00 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 Singapore to stand at 5.00 in 12 months time. In the long-term, the Singapore Business Confidence is projected to trend around 7.00 Index Points in 2020, according to our econometric models.

Singapore Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 05:00 AM Business Confidence Q3 -1. 7 5
2019-01-31 05:00 AM Business Confidence Q4 -14 -1 2
2019-04-30 05:00 AM Business Confidence Q1 1.0 -14 -6
2019-07-31 05:00 AM Business Confidence Q2 -11.0 1.0 -2
2019-10-31 05:00 AM Business Confidence Q3 -11.0 3


Singapore Business Last Previous Highest Lowest Unit
Business Confidence -11.00 1.00 54.00 -57.00 Index Points [+]
Manufacturing PMI 49.80 49.60 53.10 48.30 [+]
Industrial Production -6.90 -2.00 58.60 -32.20 percent [+]
Industrial Production Mom 1.25 -0.13 29.68 -21.75 percent [+]
Changes in Inventories 2462.80 2176.00 5885.80 -5379.50 SGD Million [+]
Bankruptcies 172.00 140.00 507.00 78.00 Companies [+]
Car Registrations 10553.00 9143.00 16204.00 2659.00 [+]
Leading Economic Index 108.10 109.30 109.90 23.70 Index Points [+]
Internet Speed 20345.58 20174.80 20345.58 2170.47 KBps [+]
IP Addresses 1595352.00 1509471.00 1685917.00 433610.00 IP [+]
Services Sentiment 2.00 4.00 37.00 -53.00 [+]
Competitiveness Index 83.48 82.97 83.48 5.44 Points [+]
Competitiveness Rank 2.00 2.00 8.00 2.00 [+]
Composite Pmi 51.00 50.60 56.80 49.40 [+]
Ease of Doing Business 2.00 2.00 3.00 1.00 [+]
Corruption Index 85.00 84.00 94.00 84.00 Points [+]
Corruption Rank 3.00 6.00 9.00 1.00 [+]


Singapore Business Confidence

In Singapore, the Survey of Business Expectations of the Manufacturing Sector covers around 410 manufacturing firms. These companies are asked to assess their expectation of general business conditions, output and employment for the next six months. Provided responses are then weighted by their contribution to employment and value added. The indicator is computed as the difference between the weighted percentage of positive assessments and the weighted percentage of negative responses. The index varies on a scale of -100 to 100; a value of -100 indicates extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Singapore Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Business Confidence - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-11.00 1.00 54.00 -57.00 1970 - 2019 Index Points Quarterly




Country Last Previous
Australia 4.00 Jul/19
Brazil 57.40 Jul/19
Canada 54.20 Jul/19
China 49.70 Jul/19
Euro Area -0.12 Jul/19
France 101.00 Jul/19
Germany 95.70 Jul/19
India 113.50 Jun/19
Indonesia 108.81 Jun/19
Italy 100.10 Jul/19
Japan 7.00 Jun/19
Mexico 49.50 Jul/19
Netherlands 3.90 Jul/19
Russia -1.00 Jul/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 28.00 Jun/19
South Korea 73.00 Jul/19
Spain -2.80 Jul/19
Switzerland 97.10 Jul/19
Turkey 98.30 Jul/19
United Kingdom -32.00 Sep/19
United States 51.20 Jul/19


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