In May 2024, the Business Confidence Index (BCI) for Spain stood at 100.55. This is a marginal decrease from the previous month, following a downward trend that started in March 2024. The BCI is an indicator of business confidence regarding the development of production and the movement of finished goods. A BCI value above 100 indicates an increase in business confidence and potential growth in economic activity.
Business Confidence Index (BCI) in Spain from January 2019 to May 2024
* Amplitude adjusted, long-term average = 100.
The business confidence index (BCI) is based on enterprises' assessment of production, orders and stocks, as well as its current position and expectations for the immediate future. Opinions compared to a “normal” state are collected and the difference between positive and negative answers provides a qualitative index on economic conditions.
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OECD. (June 6, 2024). Business Confidence Index (BCI) in Spain from January 2019 to May 2024 [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/623722/business-confidence-in-spain/
OECD. "Business Confidence Index (BCI) in Spain from January 2019 to May 2024." Chart. June 6, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/623722/business-confidence-in-spain/
OECD. (2024). Business Confidence Index (BCI) in Spain from January 2019 to May 2024. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/623722/business-confidence-in-spain/
OECD. "Business Confidence Index (Bci) in Spain from January 2019 to May 2024." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/623722/business-confidence-in-spain/
OECD, Business Confidence Index (BCI) in Spain from January 2019 to May 2024 Statista, https://www.statista.com/statistics/623722/business-confidence-in-spain/ (last visited December 04, 2024)
Business Confidence Index (BCI) in Spain from January 2019 to May 2024 [Graph], OECD, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/623722/business-confidence-in-spain/