Denmark Business Confidence Growth

1986 - 2025 | Monthly | % Point | CEIC Data

Key information about Denmark Business Confidence Growth

  • Denmark Business Confidence dropped by 20.3 % in Nov 2025, compared with a decrease of 20.4 % YoY in the previous month.
  • Denmark Business Confidence: YoY Change is updated monthly, available from Jan 1986 to Nov 2025, with an averaged rate of 1.8 %.
  • The data reached an all-high of 38.8 % in Mar 2010 and a record low of -38.5 % in Jan 2009.

CEIC calculates monthly Business Confidence Change from monthly Industrial Confidence Indicator. The European Commission's Directorate-General for Economic and Financial Affairs provides Industrial Confidence Indicator with range from -100 to 100 with neutral point 0. Business Confidence covers Manufacturing sector only.

View Denmark's Business Confidence Growth from Jan 1986 to Nov 2025 in the chart:

Denmark Business Confidence Growth

What was Denmark's Business Confidence Growth in Nov 2025?

Denmark Business Confidence dropped by 20.3 % in Nov 2025, compared with a decrease of 20.4 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-20.3 Nov 2025 -20.4 Oct 2025 -38.5 Jan 2009 38.8 Mar 2010 % Point monthly Jan 1986 - Nov 2025

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) 1.2 Sep 2025 quarterly Jun 2017 - Sep 2025
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) 1.0 Oct 2025 monthly Jul 2013 - Oct 2025
Austria (% Point) 8.0 Nov 2025 monthly Jan 1986 - Nov 2025
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) 6.8 Nov 2025 monthly Jan 1981 - Nov 2025
Brazil (% Point) -9.2 Nov 2025 monthly Jan 2010 - Nov 2025
Bulgaria (% Point) -3.5 Nov 2025 monthly Jan 1994 - Nov 2025
Canada (% Point) -7.8 Nov 2025 monthly Dec 2001 - Nov 2025
Chile (% Point) -3.6 Oct 2025 monthly Nov 2004 - Oct 2025
China (% Point) -2.2 Nov 2025 monthly Jan 2006 - Nov 2025
Colombia (% Point) 5.3 Oct 2025 monthly Jan 1981 - Oct 2025
Croatia (% Point) 5.6 Nov 2025 monthly May 2009 - Nov 2025
Cyprus (% Point) -18.5 Nov 2025 monthly May 2003 - Nov 2025
Czech Republic (% Point) 2.0 Nov 2025 monthly Mar 1994 - Nov 2025
Denmark (% Point) -20.3 Nov 2025 monthly Jan 1986 - Nov 2025
Ecuador (% Point) 9.4 Oct 2025 monthly Feb 2011 - Oct 2025
Estonia (% Point) 1.4 Nov 2025 monthly May 2002 - Nov 2025
European Union (% Point) 0.9 Nov 2025 monthly Jan 1986 - Nov 2025
Finland (% Point) 1.1 Nov 2025 monthly Jan 1994 - Nov 2025
France (% Point) 1.3 Nov 2025 monthly Jan 1986 - Nov 2025
Georgia (% Point) 30.9 Dec 2025 quarterly Dec 2014 - Dec 2025
Germany (% Point) 8.0 Nov 2025 monthly Jan 1992 - Nov 2025
Ghana (%) 14.8 Oct 2025 monthly Dec 2013 - Oct 2025
Greece (% Point) -3.1 Nov 2025 monthly Jan 1986 - Nov 2025
Hong Kong SAR, China (% Point) 1.0 Dec 2025 quarterly Mar 2009 - Dec 2025
Hungary (% Point) 1.8 Nov 2025 monthly Jan 1997 - Nov 2025
Iceland (% Point) -30.5 Sep 2025 quarterly Dec 2003 - Sep 2025
India (% Point) 6.0 Dec 2025 quarterly Jun 2001 - Dec 2025
Indonesia (% Point) -0.4 Dec 2025 quarterly Mar 2011 - Dec 2025
Israel (% Point) 5.1 Nov 2025 monthly Jan 2016 - Nov 2025
Italy (% Point) 3.6 Nov 2025 monthly Jan 1986 - Nov 2025
Japan (% Point) -1.0 Dec 2025 quarterly Mar 2005 - Dec 2025
Kazakhstan (% Point) 1.0 Dec 2024 quarterly Mar 2009 - Dec 2024
South Korea (% Point) 5.0 Dec 2025 monthly Feb 2004 - Dec 2025
Latvia (% Point) 2.1 Nov 2025 monthly Apr 1994 - Nov 2025
Lithuania (% Point) -2.3 Nov 2025 monthly Apr 2004 - Nov 2025
Luxembourg (% Point) -9.8 Nov 2025 monthly Jan 1986 - Nov 2025
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Malta (% Point) -10.1 Nov 2025 monthly Nov 2003 - Nov 2025
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -7.0 Nov 2025 monthly Jan 2005 - Nov 2025
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 2.4 Oct 2025 monthly Jan 1986 - Oct 2025
New Zealand (% Point) 10.2 Oct 2025 monthly Aug 2003 - Oct 2025
Nigeria (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025
Norway (% Point) 6.1 Nov 2025 monthly Feb 2005 - Nov 2025
Palestinian Territory (% Point) 3.9 Oct 2025 monthly Apr 2014 - Oct 2025
Peru (% Point) 15.2 Nov 2025 monthly Apr 2003 - Nov 2025
Philippines (% Point) -16.0 Sep 2025 quarterly Jun 2002 - Sep 2025
Poland (% Point) 3.8 Nov 2025 monthly Jul 2006 - Nov 2025
Portugal (% Point) 4.5 Nov 2025 monthly Jan 1988 - Nov 2025
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -1.7 Nov 2025 monthly Jul 1992 - Nov 2025
Russia (% Point) -5.0 Nov 2025 monthly Jan 2006 - Nov 2025
Serbia (% Point) -0.2 Nov 2025 monthly May 2014 - Nov 2025
Singapore (% Point) -1.6 Nov 2025 monthly Jan 2000 - Nov 2025
Slovakia (% Point) -7.0 Nov 2025 monthly Jan 1994 - Nov 2025
Slovenia (% Point) 3.2 Nov 2025 monthly May 1996 - Nov 2025
South Africa (% Point) -11.6 Nov 2025 monthly Sep 2000 - Nov 2025
Spain (% Point) 2.0 Nov 2025 monthly Jan 1994 - Nov 2025
Sri Lanka (% Point) 5.8 Oct 2025 monthly May 2016 - Oct 2025
Sweden (% Point) 4.2 Oct 2025 monthly Nov 1995 - Oct 2025
Switzerland (% Point) -2.0 Oct 2025 monthly Jan 1996 - Oct 2025
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 1.4 Nov 2025 monthly Feb 2000 - Nov 2025
Turkey (% Point) -0.2 Nov 2025 monthly Jan 2008 - Nov 2025
Ukraine (% Point) 3.6 Sep 2025 quarterly Sep 2013 - Sep 2025
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 3.6 Oct 2025 monthly Jan 1949 - Oct 2025
Uruguay (% Point) -6.8 Oct 2025 monthly Oct 1999 - Oct 2025

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Denmark Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 3.2 Jun 2025 quarterly Dec 1999 - Jun 2025
Consolidated Fiscal Balance (USD mn) 4,386.136 Jun 2025 quarterly Mar 1999 - Jun 2025
Tax Revenue (USD mn) 51,741.867 Jun 2025 quarterly Mar 1999 - Jun 2025
Tax Revenue: % of GDP (%) 44.9 Jun 2025 quarterly Mar 1999 - Jun 2025
National Government Debt (USD mn) 140,044.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Government Debt: % of GDP (%) 29.6 Jun 2025 quarterly Mar 2000 - Jun 2025
Forecast: Government Expenditure (DKK bn) 1,840.206 2030 yearly 1980 - 2030
Forecast: Government Net Debt (DKK bn) 1,109.412 2030 yearly 1992 - 2030
Forecast: Government Revenue (DKK bn) 1,820.316 2030 yearly 1980 - 2030
Central Government Debt: Gross: Domestic (DKK bn) 588.108 Oct 2025 monthly Dec 1990 - Oct 2025
Central Government Debt: Gross: Foreign (DKK bn) 32.144 Oct 2025 monthly Dec 1990 - Oct 2025
Central Government Debt: Gross (DKK bn) 620.252 Oct 2025 monthly Dec 1990 - Oct 2025
General Government Revenue (DKK mn) 356,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure: Capital (DKK mn) 29,967.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: Overall Surplus (DKK mn) 20,936.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure (DKK mn) 336,001.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government Expenditure: Current (DKK mn) 268,269.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current: Taxes on Production and Imports: ow Value A... (DKK mn) 57,510.000 Dec 2018 quarterly Mar 1999 - Dec 2018
General Government Revenue: Current (DKK mn) 290,258.000 Dec 2018 quarterly Mar 1999 - Dec 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.400 2030 yearly 1980 - 2030
Trade Balance (USD mn) 4,740.9 Sep 2025 monthly Jan 1997 - Sep 2025
Total Exports (USD mn) 17,236.6 Sep 2025 monthly Jan 1997 - Sep 2025
Total Exports Growth (%) 13.0 Sep 2025 monthly Jan 1998 - Sep 2025
Aluminum: Exports (USD th) 875,393.230 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 8,533,222.198 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 5,485,857.096 2024 yearly 1995 - 2024
Total Imports (USD mn) 12,527.6 Oct 2025 monthly Jan 1997 - Oct 2025
Total Imports Growth (%) 2.6 Oct 2025 monthly Jan 1998 - Oct 2025
Imports: Medicament (USD th) 5,090,831.404 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,784,992.379 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 877.349 Oct 2025 monthly Nov 1975 - Oct 2025
Total Imports from USA (USD mn) 389.996 Sep 2025 monthly Oct 1975 - Sep 2025
Total Exports to China (USD mn) 470.632 Oct 2025 monthly Nov 1975 - Oct 2025
Total Imports from China (USD mn) 976.717 Oct 2025 monthly Nov 1975 - Oct 2025
Exports: BCP: China (DKK mn) 3,468.027 Oct 2025 monthly Jan 2022 - Oct 2025
Imports: BCP: United States (DKK mn) 2,479.261 Oct 2025 monthly Jan 2022 - Oct 2025
Natural Gas Exports: Germany (TJ) 331.595 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Sweden (TJ) 1,837.036 Dec 2024 monthly Jan 2002 - Dec 2024
Natural Gas Exports: Netherlands (TJ) 5,977.642 Dec 2024 monthly Jan 2002 - Dec 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 5,005.2 Sep 2025 monthly Jan 1999 - Sep 2025
Current Account Balance (USD mn) 6,659.1 Sep 2025 monthly Jan 2005 - Sep 2025
Current Account Balance: % of GDP (%) 15.2 Sep 2025 quarterly Mar 1990 - Sep 2025
Foreign Direct Investment (USD mn) 4,846.9 Oct 2025 monthly Jan 1999 - Oct 2025
Foreign Direct Investment: % of GDP (%) 6.9 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,119.772 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 1.8 Sep 2025 quarterly Mar 1999 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1,429.6 Jun 2025 quarterly Mar 1975 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -5,849.395 Jun 2025 quarterly Mar 1975 - Jun 2025
External Debt (USD mn) 675,848.4 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: % of GDP (%) 142.2 2024 yearly 2005 - 2024
External Debt: Short Term (USD mn) 300,219.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 66.5 2024 yearly 2005 - 2024
Total Debt: % of GDP (%) 838.8 2023 yearly 1994 - 2023
Forecast: Current Account Balance (USD bn) 63.225 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 409,941.628 Jun 2025 quarterly Mar 2005 - Jun 2025
Balance of Payments (BoP): Current Account (DKK mn) 38,179.100 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: Current Account: Goods and Services (DKK mn) 30,769.100 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: FA: Net Assets: Financial Derivatives (DKK mn) -804.000 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: FA: Net Assets: Reserve Assets (DKK mn) -2,336.000 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: FA: Net Assets: Direct Investments (DKK mn) 16,775.000 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: FA: Assets: Financial Derivatives (DKK mn) -34,703.000 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: FA: Assets (DKK mn) 39,401.000 Oct 2025 monthly Jan 2005 - Oct 2025
BoP: Current Account: Goods and Services: Services (DKK mn) 1,781.600 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Primary Income (DKK mn) 9,980.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Net Errors and Omissions (DKK mn) 25,422.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Goods and Services: Goods f.o.b (DKK mn) 23,127.700 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: Current Account: Secondary Income (DKK mn) -4,888.300 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Portfolio Investments (DKK mn) -12,821.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Direct Investments (DKK mn) 19,620.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Other Investments (DKK mn) -32,890.000 Jan 2025 monthly Jan 2005 - Jan 2025
Balance of Payment (BoP): Financial Account (FA): Net Assets (DKK mn) 55,648.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Portfolio Investments (DKK mn) -31,657.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Other Investments (DKK mn) 40,272.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Assets: Reserve Assets (DKK mn) 8.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Net Assets: Portfolio Investments (DKK mn) -18,836.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities (DKK mn) -107,928.000 Jan 2025 monthly Jan 2005 - Jan 2025
BoP: FA: Liabilities: Direct Investments (DKK mn) -6,888.000 Jan 2025 monthly Jan 2005 - Jan 2025
International Investment Position (IIP): Liabilities (DKK mn) 9,398,066.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Assets (DKK mn) 11,023,977.000 Sep 2024 quarterly Mar 2005 - Sep 2024
International Investment Position (IIP): Net (DKK mn) 1,625,911.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt: Short Term (DKK bn) 1,741.000 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross External Debt: Long Term (DKK bn) 2,204.000 Sep 2024 quarterly Dec 2005 - Sep 2024
Gross External Debt (DKK bn) 3,945.000 Sep 2024 quarterly Dec 2005 - Sep 2024
No of Bankruptcy: Registry Based (Unit) 928.000 Nov 2025 monthly Jan 2009 - Nov 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Household Debt: % of GDP (%) 92.7 2023 yearly 1994 - 2023
Money Supply M1 (USD mn) 186,387.350 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply M2 (USD mn) 203,577.099 Aug 2017 monthly Jan 1995 - Aug 2017
M2 Growth (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Foreign Exchange Reserves (USD mn) 91,259.0 Oct 2025 monthly Jan 2002 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 19.968 Sep 2025 quarterly Mar 2002 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 7.0 Oct 2025 monthly Jan 2002 - Oct 2025
Gold Reserves (USD mn) 8,563.258 Oct 2025 monthly Jan 1962 - Oct 2025
Total Deposits (USD mn) 330,953.042 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 3.2 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 750,006.4 May 2025 monthly Dec 2001 - May 2025
Domestic Credit Growth (%) -11.6 May 2025 monthly Dec 2002 - May 2025
Debt Service Ratio: Households (%) 11.900 Jun 2025 quarterly Mar 1999 - Jun 2025
Debt Service Ratio: Private Non-Financial Sector (%) 23.800 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 398.488 Jun 2025 quarterly Dec 1994 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 1,039.917 Jun 2025 quarterly Sep 1953 - Jun 2025
Household Debt (USD mn) 383,590.8 2023 yearly 1994 - 2023
Total Loans (USD mn) 134,236.092 Oct 2025 monthly Oct 2013 - Oct 2025
Total Loans Growth (%) 6.95 Oct 2025 monthly Oct 2014 - Oct 2025
Private Debt: % of Nominal GDP (%) 28.26 Sep 2025 quarterly Dec 2013 - Sep 2025
Money Supply: M3: M2 (DKK bn) 1,850.151 Oct 2025 monthly Jan 1991 - Oct 2025
Money Supply: M3: M2: M1 (DKK bn) 1,631.711 Oct 2025 monthly Jan 1991 - Oct 2025
Money Supply: M3 (DKK bn) 2,021.417 Oct 2025 monthly Jan 1991 - Oct 2025
Official Reserve Assets (DKK bn) 720.200 Oct 2025 monthly Dec 1999 - Oct 2025
Official Reserve Assets: Foreign Currency Reserves (FC) (DKK bn) 355.400 Oct 2025 monthly Jan 2002 - Oct 2025
Money Supply: M2: M1: sa (DKK bn) 1,165.480 Aug 2017 monthly Jan 1995 - Aug 2017
Money Supply: M2: sa (DKK bn) 1,272.968 Aug 2017 monthly Jan 1995 - Aug 2017
Official Reserve Assets: Gold (DKK bn) 17.800 Dec 2018 monthly Dec 1999 - Dec 2018
Payment Cards: Transactions: Value: Issued in Denmark (DKK mn) 211,930.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Payment Cards: Transactions: Value: Issued Abroad (DKK mn) 14,419.000 Sep 2024 quarterly Mar 2016 - Sep 2024
Banks Loans: Outstanding: Financial Corporations (DKK mn) 552,339.300 Oct 2025 monthly Oct 2013 - Oct 2025
Banks Loans: Outstanding: Total (DKK mn) 1,434,107.300 Oct 2025 monthly Oct 2013 - Oct 2025
Banks Loans: Outstanding: Households (DKK mn) 474,912.600 Oct 2025 monthly Oct 2013 - Oct 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -20.3 Nov 2025 monthly Jan 1986 - Nov 2025
Business Sentiment Indicator: Retail Trade (1998-2024=100) 102.400 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Industry (1998-2024=100) 107.300 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Construction (1998-2024=100) 102.000 Feb 2025 monthly Jan 1998 - Feb 2025
Business Sentiment Indicator: Service Sector (1998-2024=100) 107.100 Feb 2025 monthly Apr 2000 - Feb 2025

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