Philippines business confidence

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Philippines business confidence: 32.1 (-3.02%)
Last Update: June 30, 2024

Philippines business confidence closed down 32.1 as of June 30, 2024 from 33.1 from the previous month and -5.6 from last year.


Philippines business confidence Analytics & Data




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Philippines business confidence

DateValues
2024-06-30 32.1
2024-03-31 33.1
2023-12-31 35.9
2023-09-30 35.8
2023-06-30 40.8
2023-03-31 34
2022-12-31 23.9
2022-09-30 26.1
2022-06-30 35.4
2022-03-31 32.9
2021-12-31 39.7
2021-10-31 39.7
2021-09-30 -5.6
2021-06-30 1.4
2021-03-31 17.4
2020-12-31 10.6
2020-09-30 -5.3
2020-03-31 22.3
2019-12-31 40.2
2019-09-30 37.3
2019-06-30 40.5
2019-03-31 35.2
2018-12-31 27.2
2018-09-30 30.1

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Philippines business confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
business confidenceph.bizconfidence32.133.1-3-673DownUP52024-06-30

Philippines business confidence Factors

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Philippines business confidence Historical Data

The MacroVar database offers free access to historical data for the Philippines business confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines business confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines business confidence

Business confidence in the Philippines remains high despite economic challenges. The country's strong economic growth, stable political environment, and a young and skilled workforce have all contributed to a positive outlook among businesses. Additionally, ongoing government initiatives to attract foreign investment and improve infrastructure have bolstered confidence in the economy. Despite external factors such as global trade tensions and the impact of the COVID-19 pandemic, businesses in the Philippines are optimistic about future growth and are continuing to invest in various sectors. Overall, the business confidence in the Philippines reflects the country's resilience and potential for continued economic success.

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