Business Confidence in Angola decreased to 6 points in the third quarter of 2022 from 10 points in the second quarter of 2022. source: Instituto Nacional de Estatística, Angola

Business Confidence in Angola averaged 0.65 points from 2008 until 2022, reaching an all time high of 31.00 points in the second quarter of 2009 and a record low of -34.00 points in the second quarter of 2016. This page provides the latest reported value for - Angola Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Business Confidence - values, historical data and charts - was last updated on February of 2023.

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Angola Business Confidence

Related Last Previous Unit Reference
Business Confidence 6.00 10.00 points Sep 2022
Industrial Production Mom -1.30 3.00 percent Sep 2022
Industrial Production 3.90 6.06 percent Sep 2022
Manufacturing Production 2.40 6.80 percent Sep 2022

Angola Business Confidence
In Angola, the Economic Climate Indicator (ECI) provides indication of the level of optimism executives have about current and expected developments in production, sales, employment, inventories, etc. The indicator is based on a sample of around 630 companies, representing different sectors of the economy and located in Luanda, Benguela, Huíla and South Cuanza. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The final global index (ECI) is then calculated as a simple average of those balances. The ECI above the average value (10) of the series indicates an improving outlook. The ECI below the average value of the series indicates a deteriorating outlook.
Actual Previous Highest Lowest Dates Unit Frequency
6.00 10.00 31.00 -34.00 2008 - 2022 points Quarterly