European Union Business Confidence Growth
Key information about EU Business Confidence Growth
- European Union Business Confidence dropped by 8.0 % in Feb 2024, compared with a decrease of 8.5 % YoY in the previous month.
- EU Business Confidence: YoY Change is updated monthly, available from Jan 1986 to Feb 2024, with an averaged rate of -0.1 %.
- The data reached an all-high of 42.4 % in Apr 2021 and a record low of -36.2 % in Mar 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. Contribution of member-states data to EU-wide aggregate is weighted according to the country's gross value added at constant prices by the Industry sector excluding Construction. Business Confidence covers Manufacturing sector only. European Union stands for EU27 excluding UK.
View European Union's Business Confidence Growth from Jan 1986 to Feb 2024 in the chart:
What was European Union's Business Confidence Growth in Feb 2024?
European Union Business Confidence dropped by 8.0 % in Feb 2024, compared with a decrease of 8.5 % YoY in the previous month. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-8.0 Feb 2024 | -8.5 Jan 2024 | -36.2 Mar 2009 | 42.4 Apr 2021 | % Point | monthly | Jan 1986 - Feb 2024 |
Business Confidence Growth by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (% Point) | 6.2 Dec 2023 | quarterly | Jun 2017 - Dec 2023 |
Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
Australia (% Point) | -5.0 Jan 2024 | monthly | Jul 2013 - Jan 2024 |
Austria (% Point) | -12.0 Dec 2023 | monthly | Jan 1986 - Dec 2023 |
Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
Belgium (% Point) | -3.7 Feb 2024 | monthly | Jan 1981 - Feb 2024 |
Brazil (% Point) | 5.0 Feb 2024 | monthly | Jan 2010 - Feb 2024 |
Bulgaria (% Point) | -0.5 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
Canada (% Point) | -7.2 Jan 2024 | monthly | Dec 2001 - Jan 2024 |
Chile (% Point) | 8.2 Feb 2024 | monthly | Nov 2004 - Feb 2024 |
China (% Point) | -7.0 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Colombia (% Point) | -3.4 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Croatia (% Point) | -8.5 Feb 2024 | monthly | May 2009 - Feb 2024 |
Cyprus (% Point) | -10.5 Feb 2024 | monthly | May 2003 - Feb 2024 |
Czech Republic (% Point) | -3.9 Feb 2024 | monthly | Mar 1994 - Feb 2024 |
Denmark (% Point) | 8.0 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
Ecuador (% Point) | -1.0 Jan 2024 | monthly | Feb 2011 - Jan 2024 |
Estonia (% Point) | -6.3 Feb 2024 | monthly | May 2002 - Feb 2024 |
European Union (% Point) | -8.0 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
Finland (% Point) | -3.4 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
France (% Point) | 0.8 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
Georgia (% Point) | -21.8 Mar 2024 | quarterly | Dec 2014 - Mar 2024 |
Germany (% Point) | -14.7 Jan 2024 | monthly | Jan 1992 - Jan 2024 |
Ghana (%) | 20.1 Dec 2023 | monthly | Dec 2013 - Dec 2023 |
Greece (% Point) | -9.7 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
Hong Kong SAR, China (% Point) | -5.0 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
Hungary (% Point) | -0.2 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
Iceland (% Point) | -6.7 Dec 2023 | quarterly | Dec 2003 - Dec 2023 |
India (% Point) | -2.6 Mar 2024 | quarterly | Jun 2001 - Mar 2024 |
Indonesia (% Point) | 5.3 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
Israel (% Point) | -11.7 Jan 2024 | monthly | Jan 2016 - Jan 2024 |
Italy (% Point) | -6.8 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
Japan (% Point) | 4.0 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
Kazakhstan (% Point) | -2.0 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
South Korea (% Point) | 9.0 Mar 2024 | monthly | Feb 2004 - Mar 2024 |
Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
Lithuania (% Point) | 9.1 Feb 2024 | monthly | Apr 2004 - Feb 2024 |
Luxembourg (% Point) | -5.9 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
Malaysia (% Point) | 3.1 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Malta (% Point) | -34.7 Feb 2024 | monthly | Nov 2003 - Feb 2024 |
Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
Mexico (% Point) | 6.6 Jan 2024 | monthly | Jan 2005 - Jan 2024 |
Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
Netherlands (% Point) | -5.1 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
Nigeria (% Point) | -9.8 Oct 2023 | monthly | Jul 2015 - Oct 2023 |
Norway (% Point) | 1.9 Jan 2024 | monthly | Feb 2005 - Jan 2024 |
Palestinian Territory (% Point) | -40.5 Feb 2024 | monthly | Apr 2014 - Feb 2024 |
Peru (% Point) | 23.9 Jan 2024 | monthly | Apr 2003 - Jan 2024 |
Philippines (% Point) | 12.1 Dec 2023 | quarterly | Jun 2002 - Dec 2023 |
Poland (% Point) | -2.7 May 2023 | monthly | Jul 2006 - May 2023 |
Portugal (% Point) | -2.4 Feb 2024 | monthly | Jan 1988 - Feb 2024 |
Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
Romania (% Point) | -0.1 Feb 2024 | monthly | Jul 1992 - Feb 2024 |
Russia (% Point) | 2.0 Feb 2024 | monthly | Jan 2006 - Feb 2024 |
Serbia (% Point) | 5.9 Feb 2024 | monthly | May 2014 - Feb 2024 |
Singapore (% Point) | 1.2 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
Slovakia (% Point) | 5.4 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
Slovenia (% Point) | -4.4 Feb 2024 | monthly | May 1996 - Feb 2024 |
South Africa (% Point) | 5.8 Feb 2024 | monthly | Sep 2000 - Feb 2024 |
Spain (% Point) | 1.7 Feb 2024 | monthly | Jan 1994 - Feb 2024 |
Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
Sweden (% Point) | 4.6 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
Switzerland (% Point) | -9.8 Feb 2024 | monthly | Jan 1996 - Feb 2024 |
Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
Thailand (% Point) | -3.6 Feb 2024 | monthly | Feb 2000 - Feb 2024 |
Turkey (% Point) | -0.4 Feb 2024 | monthly | Jan 2008 - Feb 2024 |
Ukraine (% Point) | 32.1 Jun 2023 | quarterly | Sep 2013 - Jun 2023 |
United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
United States (% Point) | 0.2 Feb 2024 | monthly | Jan 1949 - Feb 2024 |
Uruguay (% Point) | -4.1 Dec 2023 | monthly | Oct 1999 - Dec 2023 |
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Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
Household Debt: % of GDP (%) | 46.3 Dec 2023 | quarterly | Sep 1997 - Dec 2023 |
Money Supply M1 (USD mn) | 11,143,655.125 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Money Supply M2 (USD mn) | 16,362,046.600 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
M2 Growth (%) | -1.2 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
Reserve Requirement Ratio (%) | 1.0 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Foreign Exchange Reserves (USD mn) | 298,716.6 Jan 2024 | monthly | Dec 1999 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 1.908 Sep 2023 | quarterly | Dec 1999 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.4 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
Total Deposits (USD mn) | 16,354,578.226 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Total Deposits Growth (%) | 0.2 Jan 2024 | monthly | Sep 1998 - Jan 2024 |
Domestic Credit (USD mn) | 26,130,987.5 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
Domestic Credit Growth (%) | -1.0 Dec 2023 | monthly | Sep 1998 - Dec 2023 |
Household Debt (USD mn) | 7,192,333.1 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Total Loans (USD mn) | 19,636,900.203 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
Total Loans Growth (%) | 0.32 Jan 2024 | monthly | Sep 1998 - Jan 2024 |
Private Debt: % of Nominal GDP (%) | 81.87 Dec 2023 | quarterly | Sep 1997 - Dec 2023 |
Money Supply M3: Outstanding (EUR bn) | 16,060.302 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
Money Supply M2: Outstanding (EUR bn) | 15,029.767 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Money Supply M2: swda: Outstanding (EUR bn) | 15,073.281 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Money Supply M1: Outstanding (EUR bn) | 10,216.453 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
Money Supply M1: swda: Outstanding (EUR bn) | 10,265.919 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Money Supply M3: swda: Outstanding (EUR bn) | 16,092.777 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 275.054 Jan 2024 | monthly | Nov 1999 - Jan 2024 |
Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,157.998 Jan 2024 | monthly | Nov 1999 - Jan 2024 |
MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -8.0 Feb 2024 | monthly | Jan 1986 - Feb 2024 |
BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -17.200 Feb 2024 | monthly | Jan 1985 - Feb 2024 |
Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
Eurocoin Leading Indicator (Number) | -0.310 Feb 2024 | monthly | Dec 2019 - Feb 2024 |
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