BICS weighted Scotland estimates: data to wave 95

Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 95.

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Business Performance

In Wave 95 businesses were asked how they expect their business’s overall perfomance to change over the next 12 months.

Figure 5: In Wave 95, 40.3% of respondents thought their business’s performance would increase over the next 12 months. An estimated 7.0% of businesses expected performance to decrease.

Estimated share of businesses by expected business performance over the next 12 months. Businesses currently trading - with 10+ employees and a presence in Scotland. Applicable waves 55 to 95.

A line chart showing that in November 2023, 40.3% of businesses expected their business performance to increase over the next 12 months

Source: BICS Weighted Scotland Estimates - Wave 95 from the Scottish Government. For Figure 5 data see table ‘BusinessPerformanceExpect’.

Note that those answering ‘Not sure’ are not included in the chart.


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Marina Curran

Business & Innovation Statistics

Office of the Chief Economic Adviser


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