Bulgaria's business confidence indicator eased to 19.9 in July 2021, from 21.3 in the previous month, due to the more reserved industrial entrepreneurs’ assessments and expectations about the business situation of the enterprises. The survey also showed there was an improvement in firms' opinions about the new orders inflow over the last three months, which was not accompanied by increased expectations about the production activity over the next three months. source: National Statistical Institute, Bulgaria

Business Confidence in Bulgaria averaged 21.26 points from 1997 until 2021, reaching an all time high of 50.30 points in July of 2007 and a record low of -20.90 points in February of 1997. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Business Confidence in Bulgaria is expected to be 22.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Business Confidence is projected to trend around 23.00 points in 2022 and 21.00 points in 2023, according to our econometric models.

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Bulgaria Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
19.90 21.30 50.30 -20.90 1997 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-28 08:00 AM Apr 18.4 19.8 21.5
2021-05-28 08:00 AM May 29.7 18.4 19.2
2021-06-29 08:00 AM Jun 21.3 29.7 21
2021-07-29 08:00 AM Jul 19.9 21.3 20.5
2021-08-30 08:00 AM Aug 19.9
2021-09-29 08:00 AM Sep
2021-10-28 09:00 AM Oct
2021-11-29 09:00 AM Nov


Bulgaria Business Confidence
In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.