European Union Business Confidence Growth
1986 - 2024 | Monthly | % Point | CEIC Data
Key information about EU Business Confidence Growth
- European Union Business Confidence dropped by 1.6 % in Nov 2024, compared with a decrease of 3.5 % YoY in the previous month.
- EU Business Confidence: YoY Change is updated monthly, available from Jan 1986 to Nov 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 Nov 2024 in the chart:
What was European Union's Business Confidence Growth in Nov 2024?
European Union Business Confidence dropped by 1.6 % in Nov 2024, compared with a decrease of 3.5 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.6 Nov 2024 | -3.5 Oct 2024 | -36.2 Mar 2009 | 42.4 Apr 2021 | % Point | monthly | Jan 1986 - Nov 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) | 8.0 Oct 2024 | monthly | Jul 2013 - Oct 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) | 2.6 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Brazil (% Point) | 3.8 Nov 2024 | monthly | Jan 2010 - Nov 2024 |
| Bulgaria (% Point) | 4.1 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Canada (% Point) | -4.8 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
| Chile (% Point) | 9.3 Nov 2024 | monthly | Nov 2004 - Nov 2024 |
| China (% Point) | 1.8 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Colombia (% Point) | 3.3 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Croatia (% Point) | -7.1 Nov 2024 | monthly | May 2009 - Nov 2024 |
| Cyprus (% Point) | -5.5 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Czech Republic (% Point) | -2.3 Nov 2024 | monthly | Mar 1994 - Nov 2024 |
| Denmark (% Point) | 18.0 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Ecuador (% Point) | -9.0 Oct 2024 | monthly | Feb 2011 - Oct 2024 |
| Estonia (% Point) | 15.3 Nov 2024 | monthly | May 2002 - Nov 2024 |
| European Union (% Point) | -1.6 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Finland (% Point) | 13.3 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| France (% Point) | 0.2 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Georgia (% Point) | -18.5 Dec 2024 | quarterly | Dec 2014 - Dec 2024 |
| Germany (% Point) | -8.6 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| Ghana (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
| Greece (% Point) | 10.2 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Hong Kong SAR, China (% Point) | -11.0 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Hungary (% Point) | -3.4 Nov 2024 | monthly | Jan 1997 - Nov 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) | 8.6 Nov 2024 | monthly | Jan 2016 - Nov 2024 |
| Italy (% Point) | -1.6 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| Japan (% Point) | 3.0 Mar 2025 | quarterly | Mar 2001 - Mar 2025 |
| Kazakhstan (% Point) | 3.0 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| South Korea (% Point) | -2.0 Dec 2024 | monthly | Feb 2004 - Dec 2024 |
| Latvia (% Point) | -6.9 May 2023 | monthly | Apr 1994 - May 2023 |
| Lithuania (% Point) | 7.8 Nov 2024 | monthly | Apr 2004 - Nov 2024 |
| Luxembourg (% Point) | 14.6 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| 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) | 11.7 Nov 2024 | monthly | Nov 2003 - Nov 2024 |
| Mauritius (% Point) | -9.1 Jun 2019 | quarterly | Mar 2011 - Jun 2019 |
| Mexico (% Point) | -4.1 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
| Mozambique (% Point) | 8.9 Jun 2021 | monthly | Jan 2005 - Jun 2021 |
| Netherlands (% Point) | 0.8 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| New Zealand (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
| Nigeria (% Point) | 12.8 Oct 2024 | monthly | Jul 2015 - Oct 2024 |
| Norway (% Point) | 0.3 Nov 2024 | monthly | Feb 2005 - Nov 2024 |
| Palestinian Territory (% Point) | -19.5 Sep 2024 | monthly | Apr 2014 - Sep 2024 |
| Peru (% Point) | 26.0 Nov 2024 | monthly | Apr 2003 - Nov 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) | 3.4 Nov 2024 | monthly | Jan 1988 - Nov 2024 |
| Qatar (% Point) | -3.6 Mar 2020 | quarterly | Jun 2015 - Mar 2020 |
| Romania (% Point) | -0.1 Nov 2024 | monthly | Jul 1992 - Nov 2024 |
| Russia (% Point) | 0.0 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Serbia (% Point) | 2.7 Sep 2024 | monthly | May 2014 - Sep 2024 |
| Singapore (% Point) | 1.4 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Slovakia (% Point) | 5.0 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Slovenia (% Point) | 0.3 Nov 2024 | monthly | May 1996 - Nov 2024 |
| South Africa (% Point) | 0.4 Nov 2024 | monthly | Sep 2000 - Nov 2024 |
| Spain (% Point) | 4.3 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Sri Lanka (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Sweden (% Point) | 9.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Switzerland (% Point) | 12.8 Nov 2024 | monthly | Jan 1996 - Nov 2024 |
| Taiwan (% Point) | -3.2 Mar 2018 | monthly | May 2013 - Mar 2018 |
| Thailand (% Point) | 0.6 Nov 2024 | monthly | Feb 2000 - Nov 2024 |
| Turkey (% Point) | -0.5 Nov 2024 | monthly | Jan 2008 - Nov 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) | 3.6 Nov 2024 | monthly | Jan 1949 - Nov 2024 |
| Uruguay (% Point) | -3.2 Sep 2024 | monthly | Oct 1999 - Sep 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 (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M1 (USD mn) | 11,332,966.326 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Money Supply M2 (USD mn) | 16,744,023.196 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| M2 Growth (%) | 2.6 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 299,167.8 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.897 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.2 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Total Deposits (USD mn) | 16,775,729.751 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 3.6 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Domestic Credit (USD mn) | 26,115,235.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Domestic Credit Growth (%) | -1.4 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
| Household Debt (USD mn) | 7,238,421.1 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans (USD mn) | 20,145,595.171 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 2.22 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,549.247 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,388.231 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,577.412 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,402.028 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,425.171 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,440.319 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 283.850 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,391.727 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
| MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,143.328 Oct 2024 | monthly | Sep 1997 - Oct 2024 |
| MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -1.6 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
| BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -17.500 Nov 2024 | monthly | Jan 1985 - Nov 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) | 0.180 Oct 2024 | monthly | Dec 2019 - Oct 2024 |
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