Business Confidence in Macedonia decreased to 24.40 points in December from 24.70 points in November of 2022. source: State Statistical Office of the Republic of Macedonia

Business Confidence in Macedonia averaged 10.36 points from 2001 until 2022, reaching an all time high of 35.20 points in February of 2020 and a record low of -35.80 points in August of 2001. This page provides - Macedonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Macedonia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Business Confidence in Macedonia is expected to be 17.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Business Confidence is projected to trend around 23.00 points in 2024, according to our econometric models.

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North Macedonia Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 11:00 AM Nov 24.7 24.4 22.7
2023-01-16 11:00 AM Dec 24.4 24.7 20.5
2023-02-15 11:00 AM Jan

Related Last Previous Unit Reference
Industrial Production -1.30 -3.70 percent Dec 2022
Changes in Inventories 45110.16 91111.08 MKD Million Dec 2020
Business Confidence 24.40 24.70 points Dec 2022

North Macedonia Business Confidence
In Macedonia, the Business Tendency Survey in Manufacturing industry is a qualitative survey that uses opinion-testing techniques and collects a sample of 250 business entities classified in the division No 15 to 36 of the National Classification of Activities (NACE). It collects qualitative (good, satisfactory, bad, up, unchanged, down etc.), not quantitative (numerical) data from business managers on their assessment of the current situation of the main economic indicators in their business entities and their expectations for the directions of movements of those indicators in the near future. The data is presented in the form of balances, obtained by taking the difference between weighted positive and negative answers expressed in percent.
Actual Previous Highest Lowest Dates Unit Frequency
24.40 24.70 35.20 -35.80 2001 - 2022 points Monthly