Georgia: Business confidence survey
* indicates monthly or quarterly data series
The most recent value is 13.6 points as of Q3 2024, a decline compared to the previous value of 16.4 points. Historically, the average for Georgia from Q4 2013 to Q3 2024 is 16.16 points. The minimum of -33.4 points was recorded in 2020, while the maximum of 40.4 points was reached in Q3 2014.
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* indicates monthly or quarterly data series
- Measure: points
- Source: International School of Economics at Tbilisi State University
| Recent values | Georgia: Business confidence survey |
|---|---|
| 2024 Q3 | 13.6 |
| 2024 Q2 | 16.4 |
| 2024 Q1 | 17.7 |
| 2023 Q4 | 18.1 |
| 2023 Q3 | 15.7 |
| 2023 Q2 | 26.4 |
| 2023 Q1 | 20.1 |
| 2022 Q4 | 11.7 |
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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 13.62 | Q2/2024 | percent |
| Business confidence survey | 13.60 | Q3/2024 | points |
| Consumer confidence survey | -16.70 | 6/2024 | points |