Entrepreneurial confidence index
Business confidence serves as a reliable leading indicator reflecting the current state of economic activity and business community expectations. The values of this indicator allow for an assessment of the business climate based on qualitative assessments from organization executives across major economic activities. This table presents observation results for 2013, 2014, and 2015, where each value corresponds to a specific quarter of the year. Data from quarters I to IV are used for analysis to capture changes in sentiment regarding market expansion or contraction in the country
Set in numbers
The table holds 4 series, running from 2012 to 2026, 15 reporting periods. 58 values in total.
“II” fell by a factor of 10 between 2012 and 2026: from 10 to 1. The lowest value in the series is -40 in 2020.
All table numbers are series: 4
| Series | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | — | 0,00 | -2,00 | -12,00 | -14,30 | -10,00 | -7,00 | -8,00 | -8,00 | -8,00 | -7,00 | -6,00 | -2,00 | -2,00 | -5,00 |
| II | 10,00 | 9,00 | 6,00 | -1,00 | -0,70 | 1,00 | 3,00 | 1,00 | -40,00 | 3,00 | -7,00 | 2,00 | 4,00 | 5,00 | 1,00 |
| III | 10,00 | 6,00 | 2,00 | -3,00 | -2,30 | 0,00 | 1,00 | 1,00 | -9,00 | -1,00 | -4,00 | 1,00 | 3,00 | 4,00 | -2,00 |
| IV | 5,00 | -2,00 | -4,00 | -11,00 | -10,00 | -7,00 | -7,00 | -6,00 | -19,00 | -10,00 | -9,00 | -4,00 | -3,00 | -4,00 | — |
How to read this table
The rows of this table are structured by year, and the columns correspond to quarters I to IV. Comparing these values helps identify characteristic changes in the business environment and compare indicators. For example, the extreme values for 2013 show a level of 0 in quarter I and -2 in quarter IV. Researchers and analysts are advised to monitor index fluctuations throughout the year to identify cyclical changes and potential trends in business activity. Such analysis helps improve the understanding of economic process stability and the dynamics of business sentiment
What is visible in these numbers
The largest value belongs to “II” — 1; the smallest is “I” at -5.
The table is 97% filled: Rosstat does not publish every cell, and the gaps are left as they are rather than interpolated.
The same indicator in other breakdowns (2)
More in the section Leading indicators by economic activity»
Period and application
The information presented covers the period from 2013 to 2015 and is relevant for experts, analysts, and business representatives engaged in strategic planning. The data allow for retrospective analysis of market expectations and the assessment of general economic development trends during the specified timeframes. This information is useful for constructing economic forecasts, preparing reports on the business environment, and evaluating the effectiveness of management decisions in both the private and public sectors
1) Индекс предпринимательской уверенности в сфере услуг рассчитывается как среднее арифметическое значение балансов оценок фактического изменения спроса на услуги, экономического положения организаций в текущем квартале по сравнению с предыдущим кварталом, а также ожидаемого изменения спроса на услуги в следующем квартале (в процентах). Сезонная составляющая во временных рядах показателей не исключена.
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