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PTI PACIFIC BUSINESS MONITOR
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PTI PACIFIC BUSINESS MONITOR REPORT 13 - APRIL 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.
The thirteenth PTI Pacific Business Monitor reports the lowest percentage of respondents reporting confidence that their business
will survive the COVID-19 crisis, since tracking began.
The ongoing circumstances of COVID-19 has also led to the highest percentage of respondents reporting that lack of finance, revenue and cashflow is preventing them from actioning initiatives to support their business, since tracking began.
Key Insights from Pacific Business Monitor Report 13, April 2021:
- The extent and severity of COVID-19 on Pacific businesses has increased, with 84% reporting a negative impact (up from 80% last wave).
- 85% of businesses reported a decline in revenue due to COVID-19 (up from 81% last wave).
- 58% are confident that their business will survive the COVID-19 crisis, which is the lowest since tracking began (down from 69% last wave).
- The top three challenges facing businesses are:
» Not knowing how long the crisis will last (86%)
» Impact of closed international borders (86%)
» Poor cashflow (84%)
This wave includes reports for the top four Pacific countries we received responses from in April 2021, Cook Islands, New Caledonia, French Polynesia and Fiji.
View and download the reports below.
PTI Pacific Business Monitor Report 13
Download PTI Pacific Business Report 13 to understand how COVID-19 is impacting businesses across the Blue Pacific in April 2021.
PTI Pacific Business Monitor Report 13 - Cook Islands Focus
Download PTI Pacific Business Report 13 - Cook Islands Focus to understand how COVID-19 is impacting businesses in the Cook Islands in April 2021.
PTI Pacific Business Monitor Report 13 - New Caledonia Focus
Download PTI Pacific Business Report 13 - New Caledonia Focus to understand how COVID-19 is impacting businesses in New Caledonia in April 2021.
PTI Pacific Business Monitor Report 13 - French Polynesia Focus
Download PTI Pacific Business Report 13 - French Polynesia Focus to understand how COVID-19 is impacting businesses in French Polynesia in April 2021.
PTI Pacific Business Monitor Report 13 - Fiji Focus
Download PTI Pacific Business Report 13 - Fiji Focus to understand how COVID-19 is impacting businesses in Fiji in April 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
