Philippines business confidence


Philippines business confidence: 33.1 (-7.8%)
Last Update: March 31, 2024

Philippines business confidence closed down 33.1 as of March 31, 2024 from 35.9 from the previous month and 17.4 from last year.


Philippines business confidence Analytics & Data




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Philippines business confidence

Date Values
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
2021-09-30 -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


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Philippines business confidence Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
business confidence ph.bizconfidence 33.1 35.9 -8 90 UP UP 93 2024-03-31

Philippines business confidence Factors

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What is the Philippines business confidence

Philippines Business Confidence: Current Data, Trends, and Analysis

Welcome to our webpage dedicated to providing you with up-to-date information on Philippines business confidence. In this section, we will explain what business confidence is, how it should be interpreted, and the benefits of using this information for your own analysis.

What is Business Confidence?

Business confidence refers to the level of optimism or pessimism that businesses have about the future prospects of the economy. It is a key indicator of economic sentiment and plays a crucial role in influencing investment decisions, hiring plans, and overall business activity. A positive business confidence suggests that companies are expecting growth and expansion, while a negative sentiment indicates caution or concerns about economic conditions.

Interpreting Business Confidence:

Understanding business confidence is essential for both investors and policymakers, as it provides insights into the health of the economy and can help predict future economic trends. Here are some key points to consider when interpreting business confidence data:

1. Overall sentiment: Business confidence is usually measured on a scale, such as an index, with positive values indicating optimism and negative values reflecting pessimism. A value above 50 typically suggests optimism, whereas values below 50 indicate a lack of confidence.

2. Current vs. future outlook: Business confidence can be broken down into current and future components. While the current sentiment reflects the existing business conditions, the future outlook gauges expectations for the coming months. Analyzing both components can provide a comprehensive picture of the business sentiment.

3. Sector-specific variations: Business confidence can vary across different sectors of the economy. It is crucial to consider sector-specific data to understand the nuances and dynamics within each industry.

Accessing Current and Historical Data:

On this webpage, we provide you with easy access to the latest business confidence data for the Philippines, including current index values and associated charts that visually represent the trends over time. Our platform also offers a historical data export feature, allowing you to download past data for free. This feature enables further analysis, integrating business confidence with other variables or time series data to uncover valuable insights.

Leveraging MacroVar Signals and Trends:

To supplement the business confidence data, you can explore our MacroVar analytics platform. MacroVar provides in-depth analysis, signals, and trends for various economic indicators, including business confidence. By combining multiple data points and macroeconomic factors, it offers a holistic view of the economic landscape, helping you to make informed decisions based on reliable and comprehensive data.

Start Exploring and Analyzing:

Take advantage of the valuable business confidence data, trends, and analytics available on this webpage and extract meaningful insights for your business or investment strategies. Stay informed about the economic sentiment in the Philippines, make data-driven decisions, and navigate the market with confidence.

Philippines Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
PSI Composite PSI 6045.13 -0.5 -1 -1.89659 40.2452 0.01194 0.0009 -0.04137 -0.01248
Philippines ETF EPHE 23.56 -1 -1 -1.86195 38.3586 0.00813 -0.01299 -0.05609 -0.01628
Philippine peso US Dollar (PHP/USD) PHPUSD 56.81 0 1 1.28623 50.6853 0 -0.00351 0.00212 -0.00751
Philippines 5-Year Bond Yield PH.5Y 5.959 -1 -0.75 -0.80997 42.3795 0 -0.00634 -0.02311 -0.10391
Philippines 2-year bond yield PH.2Y 6.387 0.5 1 1.41797 59.27 0 1.88 1.74 23.3
Philippines Yield Curve PH.YC 0.579 1 1 2.77537 57.0225 -0.27078 0.68805 1.92424 -3.83824
Philippines Credit Default Swaps CDS.Philippines 62.5 -1 -1 -1.75003 32.2844 0 0 -0.08759 -0.37811
Philippines Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade ph.balanceoftrade -3647540 -4387590 -17 -7 UP UP 53 2024-02-29
bank lending rate ph.banks.lendingrate 6.542 6.767 -3 -7 Down Down 2 2019-12-31
banks balance sheet ph.banks.bs 1048.8 1037.6 1 -11 Down Down 42 2024-02-29
building permits ph.buildingpermits 34675 37845 -8 12 Down UP 52 2023-12-31
business confidence ph.bizconfidence 33.1 35.9 -8 90 UP UP 93 2024-03-31
capacity utilization ph.caputilization 74.47 74.35 0 2 UP UP 62 2024-01-31
capital flows ph.capitalflows 6.25 9.2 -32 1 UP UP 54 2023-04-30
cash reserve ratio ph.cashreserveratio 9.5 12 -21 -21 Down Down 20 2021-10-31
central bank balance sheet ph.cb.assets 7563.66 7489.44 1 4 UP UP 43 2023-12-31
consumer confidence ph.consconfidence -10.9 -19 -43 -69 UP UP 0 2024-03-31
consumer price index cpi ph.cpi 125.6 125.5 0 4 UP UP 65 2024-03-31
core inflation rate ph.coreinflationrate 3.4 3.6 -6 -56 Down Down 2 2024-02-29
current account ph.currentaccount 106.82 -636.05 -117 -104 UP UP 40 2023-06-30
current account to gdp ph.currentaccountgdp -1.3 -4.4 -70 -142 Down Down 0 2023-01-31
deposit interest rate ph.depositrate 5.75 5.75 0 109 UP UP 82 2023-07-31
exports ph.exports 5905850 5938320 -1 16 Down UP 90 2024-02-29
external debt ph.externaldebt 125394 111268 13 66 UP UP 0 2023-01-31
fiscal expenditure ph.fiscalexp 388693 333850 16 22 Down UP 82 2024-02-29
foreign direct investment ph.fdi 910 826 10 103 UP UP 93 2024-01-31
foreign exchange reserves ph.fxreserves 104034 101994 2 5 UP UP 48 2024-06-30
gdp ph.gdp 404.28 394.09 3 94 UP UP 0 2022-12-31
Real GDP ph.realgdp 5885830 5053060 16 22 UP UP 74 2023-12-31
gdp growth ph.gdpgrowth 2.1 3.8 -45 -30 UP Down 38 2023-12-31
gdp growth annual ph.gdpgrowthan 5.9 4.3 37 -151 UP UP 10 2023-09-30
gold reserves ph.goldres 164.77 162.31 2 -12 UP Down 20 2023-12-31
government budget ph.govbudget -7.3 -8.6 -15 109 Down Down 0 2022-01-31
Government budget ph.govbudgetvalue 87951 -400956 -122 92 UP UP 90 2024-01-31
government debt to gdp ph.govdebtgdp 60.9 60.4 1 16 UP UP 0 2022-01-31
government revenues ph.govrev 224016 421801 -47 6 Down UP 43 2024-02-29
housing index ph.housingindex 11313.2 11749.5 -4 8 UP UP 40 2023-12-31
imports ph.imports 10157100 9962500 2 13 Down UP 68 2024-02-29
industrial production ph.indproduction 7.5 5 50 -18 UP Down 73 2024-02-29
inflation cpi ph.inflationcpi 3.7 3.4 9 -51 Down Down 16 2024-03-31
interest rate ph.interestrate 6.25 6.25 0 92 UP UP 83 2023-07-31
lending rate ph.lendingrate 6.75 6.75 0 108 UP UP 89 2023-07-31
loans to private sector ph.loanprivate 9915690 10119300 -2 6 UP UP 38 2024-01-31
Manufacturing PMI ph.manpmi 50.9 51.5 -1 -5 Down Down 18 2024-01-31
money supply m0 ph.msm0 1987160 2116420 -6 4 UP UP 8 2024-01-31
money supply m1 ph.msm1 6702580 6866490 -2 4 UP UP 18 2024-01-31
money supply m2 ph.msm2 16523400 16936200 -2 7 UP UP 32 2024-01-31
money supply m3 ph.msm3 16976500 17428200 -3 6 UP UP 20 2024-01-31
Producer Price Index ph.producerprices 97.27 97.5 -0 -1 Down Down 34 2024-02-29
PPI Index ph.producerpricesch -1.2 -1.1 9 -133 Down Down 37 2024-02-29
retail sales MoM ph.retailsales 0.4 0.4 0 -233 UP UP 14 2020-07-31
retail sales yoy ph.retailsalesan 2 1.8 11 43 UP UP 71 2021-08-31
total vehicle sales ph.vehiclesales 9638 8446 14 34 UP UP 83 2024-02-29
unemployment rate ph.unemploymentrate 3.5 4.5 -22 -19 Down Down 49 2024-11-30
Interbank Rate ph.interbankrate 6.3125 6.3125 0 0 UP Down 58 2023-08-11