Canada's business economic index (BCI) stood at 96.9 points as of July 2023. During 2022, the highest BCI was recorded in January. Afterwards, the index dropped, reaching 99.31 as of December 2022.
In 2022, Canada's gross domestic product increased compared to the previous year and amounted to about 1.74 trillion Canadian dollars.
Business confidence index (BCI) in Canada from January 2020 to July 2023
Characteristic
Business confidence index
Jul 2023
96.9
Jun 2023
97.23
May 2023
97.56
Apr 2023
97.9
Mar 2023
98.26
Feb 2023
98.62
Jan 2023
98.97
Dec 2022
99.31
Nov 2022
99.63
Oct 2022
99.98
Sep 2022
100.38
Aug 2022
100.85
Jul 2022
101.42
Jun 2022
102.12
May 2022
102.83
Apr 2022
103.39
Mar 2022
103.66
Feb 2022
103.77
Jan 2022
103.88
Dec 2021
104.05
Nov 2021
104.22
Oct 2021
104.26
Sep 2021
104.06
Aug 2021
103.71
Jul 2021
103.34
Jun 2021
103
May 2021
102.7
Apr 2021
102.4
Mar 2021
102.06
Feb 2021
101.7
Jan 2021
101.33
Dec 2020
100.96
Nov 2020
100.55
Oct 2020
100.05
Sep 2020
99.37
Aug 2020
98.54
Jul 2020
97.6
Jun 2020
96.6
May 2020
95.79
Apr 2020
95.57
Mar 2020
96.33
Feb 2020
97.6
Jan 2020
98.8
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Amplitude adjusted, long-term average = 100.
Date of release is date of access.
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. (February 1, 2024). Business confidence index (BCI) in Canada from January 2020 to July 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/
OECD. "Business confidence index (BCI) in Canada from January 2020 to July 2023." Chart. February 1, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/
OECD. (2024). Business confidence index (BCI) in Canada from January 2020 to July 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/
OECD. "Business Confidence Index (Bci) in Canada from January 2020 to July 2023." Statista, Statista Inc., 1 Feb 2024, https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/
OECD, Business confidence index (BCI) in Canada from January 2020 to July 2023 Statista, https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/ (last visited September 20, 2024)
Business confidence index (BCI) in Canada from January 2020 to July 2023 [Graph], OECD, February 1, 2024. [Online]. Available: https://www.statista.com/statistics/1227020/business-confidence-index-in-canada/
