The Business Tendency Index in Uganda fell to 56 in January 2020 from 56.3 in the previous month. It was its lowest level since May 2017, amid a deterioration in present business situation (49.9 from 50.1 in December); and business situation in three months (64.7 from 65.1). Meantime, order volumes increased (56.6 from 56.5) while financial situation remained unchanged (at 48.6). Uganda Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Business Confidence in Uganda averaged 57.31 points from 2012 until 2020, reaching an all time high of 62.64 points in December of 2012 and a record low of 51.93 points in August of 2015. 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.
Business Confidence in Uganda is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Uganda to stand at 57.40 in 12 months time. In the long-term, the Uganda Business Confidence is projected to trend around 57.80 points in 2021 and 58.00 points in 2022, according to our econometric models.