European Union Business Confidence Growth
1986 - 2024 | Monthly | % Point | CEIC Data
Key information about EU Business Confidence Growth
- European Union Business Confidence dropped by 4.2 % in Oct 2024, compared with a decrease of 2.2 % YoY in the previous month.
- EU Business Confidence: YoY Change is updated monthly, available from Jan 1986 to Oct 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 Oct 2024 in the chart:
What was European Union's Business Confidence Growth in Oct 2024?
European Union Business Confidence dropped by 4.2 % in Oct 2024, compared with a decrease of 2.2 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -4.2 Oct 2024 | -2.2 Sep 2024 | -36.2 Mar 2009 | 42.4 Apr 2021 | % Point | monthly | Jan 1986 - Oct 2024 |
Business Confidence Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% Point) | 3.0 Sep 2024 | quarterly | Jun 2017 - Sep 2024 |
| Armenia (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Australia (% Point) | -2.0 Sep 2024 | monthly | Jul 2013 - Sep 2024 |
| Austria (% Point) | -4.0 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| Belarus (% Point) | -9.6 Aug 2014 | monthly | Dec 2006 - Aug 2014 |
| Belgium (% Point) | -0.4 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Brazil (% Point) | 4.4 Sep 2024 | monthly | Jan 2010 - Sep 2024 |
| Bulgaria (% Point) | -0.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Canada (% Point) | -2.8 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
| Chile (% Point) | 11.8 Oct 2024 | monthly | Nov 2004 - Oct 2024 |
| China (% Point) | 1.2 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Colombia (% Point) | 0.5 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Croatia (% Point) | -2.7 Oct 2024 | monthly | May 2009 - Oct 2024 |
| Cyprus (% Point) | 10.9 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Czech Republic (% Point) | 1.4 Oct 2024 | monthly | Mar 1994 - Oct 2024 |
| Denmark (% Point) | 9.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Ecuador (% Point) | 2.0 Sep 2024 | monthly | Feb 2011 - Sep 2024 |
| Estonia (% Point) | 7.6 Oct 2024 | monthly | May 2002 - Oct 2024 |
| European Union (% Point) | -4.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Finland (% Point) | 8.2 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| France (% Point) | -6.4 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Georgia (% Point) | -18.5 Dec 2024 | quarterly | Dec 2014 - Dec 2024 |
| Germany (% Point) | -5.1 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
| Ghana (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
| Greece (% Point) | 6.8 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Hong Kong SAR, China (% Point) | -11.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Hungary (% Point) | 1.8 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Iceland (% Point) | -10.7 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| India (% Point) | -15.1 Dec 2024 | quarterly | Jun 2001 - Dec 2024 |
| Indonesia (% Point) | -0.1 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| Israel (% Point) | -7.9 Sep 2024 | monthly | Jan 2016 - Sep 2024 |
| Italy (% Point) | -1.9 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| Japan (% Point) | 4.0 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Kazakhstan (% Point) | 3.0 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| South Korea (% Point) | 2.0 Nov 2024 | monthly | Feb 2004 - Nov 2024 |
| Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
| Lithuania (% Point) | 6.7 Sep 2024 | monthly | Apr 2004 - Sep 2024 |
| Luxembourg (% Point) | -2.8 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| North Macedonia (% Point) | -2.9 Dec 2022 | monthly | Apr 2002 - Dec 2022 |
| Malaysia (% Point) | 3.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Malta (% Point) | -10.7 Oct 2024 | monthly | Nov 2003 - Oct 2024 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | -3.8 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | 2.2 Sep 2024 | monthly | Jan 1986 - Sep 2024 |
| New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| Nigeria (% Point) | 13.8 Sep 2024 | monthly | Jul 2015 - Sep 2024 |
| Norway (% Point) | 9.8 Oct 2024 | monthly | Feb 2005 - Oct 2024 |
| Palestinian Territory (% Point) | -19.5 Sep 2024 | monthly | Apr 2014 - Sep 2024 |
| Peru (% Point) | 22.7 Sep 2024 | monthly | Apr 2003 - Aug 2024 |
| Philippines (% Point) | 4.1 Sep 2024 | quarterly | Jun 2002 - Sep 2024 |
| Poland (% Point) | -2.7 May 2023 | monthly | Jul 2006 - May 2023 |
| Portugal (% Point) | 6.6 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | 1.4 Oct 2024 | monthly | Jul 1992 - Oct 2024 |
| Russia (% Point) | 1.0 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Serbia (% Point) | 2.7 Sep 2024 | monthly | May 2014 - Sep 2024 |
| Singapore (% Point) | 1.2 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Slovakia (% Point) | 6.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Slovenia (% Point) | 1.9 Oct 2024 | monthly | May 1996 - Oct 2024 |
| South Africa (% Point) | 13.0 Oct 2024 | monthly | Sep 2000 - Oct 2024 |
| Spain (% Point) | 0.0 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Sweden (% Point) | 13.6 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Switzerland (% Point) | 18.6 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | -3.8 Oct 2024 | monthly | Feb 2000 - Oct 2024 |
| Turkey (% Point) | -3.1 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
| Ukraine (% Point) | 1.7 Jun 2024 | quarterly | Sep 2013 - Jun 2024 |
| United Kingdom (% Point) | 8.4 Dec 2020 | monthly | Jan 1986 - Dec 2020 |
| United States (% Point) | -0.8 Oct 2024 | monthly | Jan 1949 - Oct 2024 |
| Uruguay (% Point) | -2.9 Jul 2024 | monthly | Oct 1999 - Jul 2024 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.7 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M1 (USD mn) | 11,588,686.867 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 17,168,912.561 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| M2 Growth (%) | 2.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 301,563.6 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.897 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Total Deposits (USD mn) | 17,215,828.306 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Deposits Growth (%) | 3.3 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Domestic Credit (USD mn) | 25,617,671.6 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
| Domestic Credit Growth (%) | -1.4 Jul 2024 | monthly | Sep 1998 - Jul 2024 |
| Household Debt (USD mn) | 7,427,828.1 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans (USD mn) | 20,675,699.935 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans Growth (%) | 2.44 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 79.27 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,528.810 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,402.898 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,548.705 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,402.350 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,405.036 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,398.104 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 270.607 Sep 2024 | monthly | Nov 1999 - Sep 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,282.794 Jul 2024 | monthly | Nov 1999 - Jul 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) | -4.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -20.400 Oct 2024 | monthly | Jan 1985 - Oct 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) | 0.140 Sep 2024 | monthly | Dec 2019 - Sep 2024 |
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