British Virgin Islands Business Conditions Survey 2024

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* 1. What does your business enterprise do?

A. Agriculture, forestry and fishing

B. Mining and quarrying

C. Manufacturing

D. Electricity; gas, steam and air conditioning supply

E. Water supply; sewerage, waste management and remediation activities

F. Construction

G. Wholesale and retail trade; repair of motor vehicles and motorcycles

H. Transportation and storage

I. Accommodation and food service activities

J. Information and communication

K. Financial and insurance activities

L. Real estate activities

M. Professional, scientific and technical activities

N. Administrative and support service activities

R. Arts, entertainment and recreation

S. Other services

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* 2. How many males and females are employed in your business

Male

Female

Please ensure that the total number of employees in question 2 matches the total number of employees in question 3

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* 3. How many people does your business employ (full-time(FT) and part-time(PT))?

Full-time (FT)

Part-time (PT)

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* 4. With regard to the British Virgin Islands Economy:

	Improve	Remain unchanged	Deteriorate
Over the past 6 months, how have General Business Conditions changed?	Over the past 6 months, how have General Business Conditions changed? Improve	Over the past 6 months, how have General Business Conditions changed? Remain unchanged	Over the past 6 months, how have General Business Conditions changed? Deteriorate
Over the next 6 months, how do you think the General Business Conditions for your business will change?	Over the next 6 months, how do you think the General Business Conditions for your business will change? Improve	Over the next 6 months, how do you think the General Business Conditions for your business will change? Remain unchanged	Over the next 6 months, how do you think the General Business Conditions for your business will change? Deteriorate

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* 5. With regard to Your Business:

	Improved	Remain unchanged	Deteriorated
Over the past 6 months, how has the Outlook for your business changed?	Over the past 6 months, how has the Outlook for your business changed? Improved	Over the past 6 months, how has the Outlook for your business changed? Remain unchanged	Over the past 6 months, how has the Outlook for your business changed? Deteriorated
Over the next 6 months, how do you think the Outlook for your business will change?	Over the next 6 months, how do you think the Outlook for your business will change? Improved	Over the next 6 months, how do you think the Outlook for your business will change? Remain unchanged	Over the next 6 months, how do you think the Outlook for your business will change? Deteriorated

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* 6. With regard to Your Business, how have these variables changed over the past 6 months?

	Improve	Remain unchanged	Deteriorate
Sales	Sales Improve	Sales Remain unchanged	Sales Deteriorate
Profits	Profits Improve	Profits Remain unchanged	Profits Deteriorate
Employment	Employment Improve	Employment Remain unchanged	Employment Deteriorate
Investment	Investment Improve	Investment Remain unchanged	Investment Deteriorate
Production	Production Improve	Production Remain unchanged	Production Deteriorate
Supply Chain	Supply Chain Improve	Supply Chain Remain unchanged	Supply Chain Deteriorate
Computerization	Computerization Improve	Computerization Remain unchanged	Computerization Deteriorate

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* 7. With regard to Your Business, how do you expect these variables to change over the next 6 months?

	Improve	Remain unchanged	Deteriorate
Sales	Sales Improve	Sales Remain unchanged	Sales Deteriorate
Profits	Profits Improve	Profits Remain unchanged	Profits Deteriorate
Employment	Employment Improve	Employment Remain unchanged	Employment Deteriorate
Investment	Investment Improve	Investment Remain unchanged	Investment Deteriorate
Production	Production Improve	Production Remain unchanged	Production Deteriorate
Supply Chain	Supply Chain Improve	Supply Chain Remain unchanged	Supply Chain Deteriorate
Computerization	Computerization Improve	Computerization Remain unchanged	Computerization Deteriorate

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* 8. With regard to Financing Business Activity:

	Easier	Remain the same	Harder
Has it become harder or easier to get credit over the past 6 months?	Has it become harder or easier to get credit over the past 6 months? Easier	Has it become harder or easier to get credit over the past 6 months? Remain the same	Has it become harder or easier to get credit over the past 6 months? Harder
Will it be harder or easier to get credit in the next 6 months?	Will it be harder or easier to get credit in the next 6 months? Easier	Will it be harder or easier to get credit in the next 6 months? Remain the same	Will it be harder or easier to get credit in the next 6 months? Harder

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* 9. With regard to Your Business for the PAST 6 MONTHS, what factors do you think limit your ability to increase business activity? (Please rank factors from 1-3 where 1 is the least important and 3 is the most important )

	1	2	3
Demand for service/product, offering;	Demand for service/product, offering; 1	Demand for service/product, offering; 2	Demand for service/product, offering; 3
Weather conditions;	Weather conditions; 1	Weather conditions; 2	Weather conditions; 3
Cost of materials;	Cost of materials; 1	Cost of materials; 2	Cost of materials; 3
Cost of labour;	Cost of labour; 1	Cost of labour; 2	Cost of labour; 3
Cost of finance (e.g., interest rate);	Cost of finance (e.g., interest rate); 1	Cost of finance (e.g., interest rate); 2	Cost of finance (e.g., interest rate); 3
Access to bank credit;	Access to bank credit; 1	Access to bank credit; 2	Access to bank credit; 3
Shortage of skilled labour;	Shortage of skilled labour; 1	Shortage of skilled labour; 2	Shortage of skilled labour; 3
Lack of equipment;	Lack of equipment; 1	Lack of equipment; 2	Lack of equipment; 3
Shortage of materials;	Shortage of materials; 1	Shortage of materials; 2	Shortage of materials; 3
Competition in own sector;	Competition in own sector; 1	Competition in own sector; 2	Competition in own sector; 3
Uncertainty of economic environment;	Uncertainty of economic environment; 1	Uncertainty of economic environment; 2	Uncertainty of economic environment; 3
Regulatory requirements;	Regulatory requirements; 1	Regulatory requirements; 2	Regulatory requirements; 3

Other, please specify

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* 10. With regard to Your Business PRESENTLY, what factors do you think limit your ability to increase business activity? (Please rank factors from 1-3 where 1 is the least important and 3 is the most important )

	1	2	3
Demand for service/product, offering;	Demand for service/product, offering; 1	Demand for service/product, offering; 2	Demand for service/product, offering; 3
Weather conditions;	Weather conditions; 1	Weather conditions; 2	Weather conditions; 3
Cost of materials;	Cost of materials; 1	Cost of materials; 2	Cost of materials; 3
Cost of labour;	Cost of labour; 1	Cost of labour; 2	Cost of labour; 3
Cost of finance (e.g., interest rate);	Cost of finance (e.g., interest rate); 1	Cost of finance (e.g., interest rate); 2	Cost of finance (e.g., interest rate); 3
Access to bank credit;	Access to bank credit; 1	Access to bank credit; 2	Access to bank credit; 3
Shortage of skilled labour;	Shortage of skilled labour; 1	Shortage of skilled labour; 2	Shortage of skilled labour; 3
Lack of equipment;	Lack of equipment; 1	Lack of equipment; 2	Lack of equipment; 3
Shortage of materials;	Shortage of materials; 1	Shortage of materials; 2	Shortage of materials; 3
Competition in own sector;	Competition in own sector; 1	Competition in own sector; 2	Competition in own sector; 3
Uncertainty of economic environment;	Uncertainty of economic environment; 1	Uncertainty of economic environment; 2	Uncertainty of economic environment; 3
Regulatory requirements;	Regulatory requirements; 1	Regulatory requirements; 2	Regulatory requirements; 3

Other, please specify

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* 11. With regard to Your Business for the NEXT 6 MONTHS, what factors do you think will limit your ability to increase business activity? (Please rank factors from 1-3 where 1 is the least important and 3 is the most important )

	1	2	3
Demand for service/product, offering;	Demand for service/product, offering; 1	Demand for service/product, offering; 2	Demand for service/product, offering; 3
Weather conditions;	Weather conditions; 1	Weather conditions; 2	Weather conditions; 3
Cost of materials;	Cost of materials; 1	Cost of materials; 2	Cost of materials; 3
Cost of labour;	Cost of labour; 1	Cost of labour; 2	Cost of labour; 3
Cost of finance (e.g., interest rate);	Cost of finance (e.g., interest rate); 1	Cost of finance (e.g., interest rate); 2	Cost of finance (e.g., interest rate); 3
Access to bank credit;	Access to bank credit; 1	Access to bank credit; 2	Access to bank credit; 3
Shortage of skilled labour;	Shortage of skilled labour; 1	Shortage of skilled labour; 2	Shortage of skilled labour; 3
Lack of equipment;	Lack of equipment; 1	Lack of equipment; 2	Lack of equipment; 3
Shortage of materials;	Shortage of materials; 1	Shortage of materials; 2	Shortage of materials; 3
Competition in own sector;	Competition in own sector; 1	Competition in own sector; 2	Competition in own sector; 3
Uncertainty of economic environment;	Uncertainty of economic environment; 1	Uncertainty of economic environment; 2	Uncertainty of economic environment; 3
Regulatory requirements;	Regulatory requirements; 1	Regulatory requirements; 2	Regulatory requirements; 3

Other, please specify