Business Confidence in Latvia increased to -0.20 points in May from -0.60 points in April of 2022. source: Central Statistical Bureau of Latvia

Business Confidence in Latvia averaged -6.69 points from 1993 until 2022, reaching an all time high of 12.50 points in March of 2007 and a record low of -44.70 points in July of 1993. This page provides the latest reported value for - Latvia Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Business Confidence - values, historical data and charts - was last updated on September of 2022.

Business Confidence in Latvia is expected to be -1.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Business Confidence is projected to trend around 3.00 points in 2023, according to our econometric models.

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Latvia Business Confidence



Related Last Previous Unit Reference
Business Confidence -0.20 -0.60 points May 2022
Industrial Production Mom -1.20 -2.10 percent Jul 2022
Industrial Production -2.90 0.70 percent Jul 2022
Manufacturing Production 7.50 5.30 percent May 2022
Car Registrations 4525.00 3710.00 Jun 2022
Changes in Inventories 871846.00 546074.00 EUR Thousand Jun 2022
Mining Production 0.70 -11.10 percent May 2022

Latvia Business Confidence
In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. 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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.60 12.50 -44.70 1993 - 2022 points Monthly
NSA