The Business Tendency Index in Uganda rose to 58.6 in September 2019 from an upwardly revised 58.4 in the previous month. Improvements were seen in present business situation (51.8 from 51.7 in August); employment (50.4 from 50.3); order volumes (59 from 58.5); and access to credit (35.6 from 35.3). On the other hand, managers’ assessment deteriorated for financial situation (48.7 from 48.8); and business situation in 3 months (68.5 from 68.6). Meantime, average selling prices slowed (54.3 from 54.4). Business Confidence in Uganda averaged 57.37 Index Points from 2012 until 2019, reaching an all time high of 62.62 Index Points in December of 2012 and a record low of 51.98 Index Points in August of 2015.

Business Confidence in Uganda is expected to be 56.90 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 Uganda to stand at 57.30 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 57.70 Index Points in 2020, according to our econometric models.

Uganda Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-05 09:40 AM Business Confidence Jun 57.6 57.9 57.8
2019-08-06 08:00 AM Business Confidence Jul 58.1 58.2 57.4
2019-09-05 09:30 AM Business Confidence Aug 57.8 57.9 58
2019-10-04 08:00 AM Business Confidence Sep 58.6 58.4 57.6
2019-11-07 09:00 AM Business Confidence Oct 58.6 57.4
2019-12-05 10:00 AM Business Confidence Nov 57.2


Uganda Business Last Previous Highest Lowest Unit
Business Confidence 58.60 58.40 62.62 51.98 Index Points [+]
Leading Economic Index 233.66 233.05 233.66 94.80 Index Points [+]
Internet Speed 2353.31 2515.97 2515.97 104.48 KBps [+]
IP Addresses 20690.00 19366.00 22382.00 1926.00 IP [+]
Ease of Doing Business 127.00 122.00 135.00 106.00 [+]
Corruption Index 26.00 26.00 29.00 19.00 Points [+]
Corruption Rank 149.00 151.00 151.00 43.00 [+]
Changes In Inventories 197.42 197.42 197.98 126.47 UGX billion [+]
Competitiveness Index 48.94 46.80 48.94 3.33 Points [+]
Competitiveness Rank 115.00 117.00 129.00 108.00 [+]
Composite Pmi 55.70 57.50 58.20 47.70 [+]


Uganda Business Confidence

In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook. This page provides the latest reported value for - Uganda Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Business Confidence - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
58.60 58.40 62.62 51.98 2012 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.30 Oct/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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