Business Confidence in Uganda increased to 53.30 points in October from 53.12 points in September of 2022. source: Bank of Uganda

Business Confidence in Uganda averaged 55.68 points from 2012 until 2022, reaching an all time high of 65.30 points in January of 2013 and a record low of 33.83 points in May of 2020. 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. Uganda Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Business Confidence in Uganda is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Business Confidence is projected to trend around 55.00 points in 2023 and 56.00 points in 2024, according to our econometric models.

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Uganda Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-10-06 10:00 AM Sep 52.9 52.6 53
2022-11-09 10:00 AM Oct 53.3 53.1 53.2
2022-12-02 10:00 AM Nov 53.3 53.7

Related Last Previous Unit Reference
Business Confidence 53.30 53.12 points Oct 2022
Leading Economic Index 0.66 0.60 percent Sep 2022

Uganda Business Confidence
In Uganda, the Business Tendency Index measures the level of optimism that executives have about current and expected outlook for production, order levels, employment, prices and access to credit. The Index covers the major sectors of the economy, namely construction, manufacturing, wholesale trade, agriculture and other services. The Overall Business Tendency Index above 50 indicates an improving outlook and below 50 a deteriorating outlook.
Actual Previous Highest Lowest Dates Unit Frequency
53.30 53.12 65.30 33.83 2012 - 2022 points Monthly