Indexes
Business Confidence Index – Q2 2014
23
April
2014
In the second quarter of this year, the ISET Business Confidence Index registered 21.7 on a scale of 100 points (see methodology below). This is down from the 30.2 recorded in the first quarter of the same year. The positive number nevertheless indicates that the confidence factor among businesses is about 21.7 more positive, rather than negative or neutral (e.g. a confidence index of 100 would have indicated that all firms in the sample reported a positive outlook. An index of zero would indicate that the weighted balance of positive and negative views reported by firms is about equal, or alternatively that all firms reported no change in the current business situation).
Sectoral breakdown of the BCI shows that a marginally positive outlook dominates in all sectors. In particular, the financial sector outlook has improved considerably since the last quarter of 2013.
Recent Publications
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Business Confidence Index: Business confidence rebounds at the end of the year
27
October
2025
For the fourth quarter of 2025, business confidence in Georgia increased (by 9.0 index points) and reached 7.5. The highest increase in business confidence is observed in the agriculture (21.1) and construction (18.5) sectors. The positive change in BCI for Q4 2025 was driven by optimistic expectations as well as increased past performance.
Business Confidence Index: Negative confidence persists
25
July
2025
For the third quarter of 2025, business confidence in Georgia decreased slightly (by 0.2 index points) and reached -1.5. The highest decrease in business confidence is observed in the financial (-19.5) sector. The negative change in BCI for Q3 2025 was driven by pessimistic expectations as well as slightly decreased past performance.
Business Confidence Index: Business confidence remains negative
25
April
2025
For the second quarter of 2025, business confidence in Georgia increased (by 3.6 index points) and reached -1.3. The highest increase in business confidence is observed in the manufacturing (+10.0) sector. The positive change in BCI for Q2 2025 was driven by optimistic expectations as well as slightly increased past performance.
Business Confidence Index: (No) business confidence
24
January
2025
For the first quarter of 2025, business confidence in Georgia decreased (by 8.8 index points) and reached -5.0. The highest decrease in business confidence is observed in the service (-21.5) sector. The negative change in BCI for Q1 2025 was driven by decreased past performance as well as pessimistic expectations.
Business Confidence Index: Pessimistic private sector
25
October
2024
For the fourth quarter of 2024, business confidence in Georgia decreased (by 9.7 index points) and reached 3.8. The highest decrease in business confidence is observed in the finance (-22.1) sector. The negative change in BCI for Q4 2024 was driven by decreased past performance as well as less optimistic expectations.
