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PTI PACIFIC BUSINESS MONITOR
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PTI PACIFIC BUSINESS MONITOR REPORT 16 - SEPTEMBER 2021
The COVID-19 outbreak has caused a global health emergency and an economic slowdown impacting millions of small and medium-sized enterprises (SMEs) around the world, including the Pacific region. To understand the ongoing impact on the Pacific’s private sector, Pacific Trade Invest (PTI) commissioned Fifth Quadrant, an independent research agency, to run a regular survey to understand the ongoing effects of COVID-19 on businesses in the Pacific.
Our sixteenth PTI Pacific Business Monitor is now available online. The report indicates that the road to recovery has begun to shorten, with 52% of Pacific businesses now expecting a return to pre-COVID revenue levels by 2022 (up from 41% last wave).
This wave yields the most positive results to date, with the extent and severity of negative COVID-19 impacts, impact on revenue, and business survival confidence all improving.
Key Insights from Pacific Business Monitor Report 16, September 2021:
- The extent and severity of COVID-19 on Pacific businesses has decreased, with 72% reporting a negative impact, (down from 84% last wave). This is the lowest since tracking began.
- 72% of businesses reported a decline in revenue due to COVID-19, (down from 87% last wave). This is the lowest since tracking began.
- 85% are confident that their business will survive the COVID-19 crisis, (up from 69% last wave). This is the highest since tracking began.
- The top three challenges facing businesses are:
» Not knowing how long the crisis will last (86%)
» Impact of closed international borders (85%)
» Poor cashflow (80%)
This wave includes a country specific report for the top two Pacific countries we received responses from in September 2021, Tuvalu and Niue.
View and download the reports below.
PTI Pacific Business Monitor Report 16
Download PTI Pacific Business Report 16 to understand how COVID-19 is impacting businesses across the Blue Pacific in September 2021.
PTI Pacific Business Monitor Report 16 - Niue Focus
Download PTI Pacific Business Report 16 - Niue Focus to understand how COVID-19 is impacting businesses in Niue in September 2021.
PTI Pacific Business Monitor Report 16 - Tuvalu Focus
Download PTI Pacific Business Report 16 - Tuvalu Focus to understand how COVID-19 is impacting businesses in Tuvalu in September 2021.
PTI PACIFIC BUSINESS MONITOR 2020 REPORTS
The results of Pacific Trade Invest (PTI) Pacific Business Monitor 2020 Reports have been published. The 2020 report aggregates the results of nine surveys conducted in 2020, providing insight into the impact COVID-19 had on the Pacific's private sector in 2020.
Nine country focussed reports are also available, compiling data from the top nine Pacific countries we received responses from in 2020, highlighting the nuances COVID-19 is having on the private sector in different Pacific countries.
View and download the reports below.
PTI Pacific Business Monitor 2020 Report
Download the PTI Pacific Business 2020 Report to understand how COVID-19 impacted businesses across the Blue Pacific in 2020.
PTI Pacific Business Monitor 2020 Country Focus Reports
Download the PTI Pacific Business 2020 Country Focus Reports to understand how COVID-19 impacted businesses across different Pacific countries in 2020.
Cook Islands Focus 2020 Report
New Caledonia Focus 2020 Report
Papua New Guinea Focus 2020 Report
