Singapore: Business confidence survey

* indicates monthly or quarterly data series
 Singapore

Business confidence survey

 Latest value 22
 Reference Q2 2024
 Measure points
 Data availability Q2 1970 - Q2 2024
 Average 12.55
 Min - Max -57 - 54
 Source Department of Statistics Singapore
For that indicator, we provide data for Singapore from Q2 1970 to Q2 2024. The average value for Singapore during that period was 12.55 points with a minimum of -57 points in Q1 2009 and a maximum of 54 points in Q2 1976. Click on the following link to see the values of Business confidence survey around the world.
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* indicates monthly or quarterly data series


Recent values chart
Singapore - Business confidence survey - recent values

Historical chart
Singapore - Business confidence survey - historical chart - 1970-2024
Measure: points
Source: Department of Statistics Singapore


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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 value Reference Measure
 Industrial production -1.23 9/2023 percent
 Retail sales 96.81 9/2023 index points
 Retail sales Y-on-Y -0.83 9/2023 percent
 House price index 147.51 Q3/2023 index point
 Real residential property prices Y-on-Y change 0.27 Q3/2023 percent
 Business confidence survey 6.00 Q3/2023 points
 Consumer confidence survey 95.00 Q3/2021 points
 Purchasing Managers Index (PMI), composite 54.20 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 49.90 9/2022 index points
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