Indonesia Business Confidence

Business Confidence in Indonesia increased to 103.52 in the second quarter of 2016 from 99.46 in the first quarter of 2016. Business Confidence in Indonesia averaged 106.51 from 2000 until 2016, reaching an all time high of 122.50 in the second quarter of 2000 and a record low of 95.12 in the first quarter of 2006. Business Confidence in Indonesia is reported by the Statistics Indonesia. In Indonesia, the Business Tendency Index (BTI) measures the expectations of entrepreneurs about current business income, production capacity, average working hours and future domestic and foreign orders, selling prices and raw materials. The survey covers a sample of around 2000 managers from large and medium companies from almost all regions of the country and from the main sectors of the economy (Agriculture, Mining and Quarrying, Manufacturing, Electricity, Gas and Water, Construction, Trade, Hotels, Transportation and Communication, Financial and Services). For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a weighted average of those proportions. The BTI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides – Indonesia Business Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news.