The total industry confidence indicator fell to 94 in December 2019 from a downwardly revised 96.7 in the previous month, reaching its lowest level since May 2013 as sentiment deteriorated among retailers (102.5 vs 106.5 in November) and service providers (92.1 vs 94.6). Meantime, confidence improved among manufacturers (96.4 vs 95.7) while was unchanged among constructors (at 103.2).

Business Confidence in Sweden averaged 100 points from 1996 until 2019, reaching an all time high of 119.60 points in November of 2010 and a record low of 65.30 points in March of 2009. This page provides the latest reported value for - Sweden Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: National Institute of Economic Research, Sweden

Business Confidence in Sweden is expected to be 98.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Sweden to stand at 100.00 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 102.00 points in 2020, according to our econometric models.


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Sweden Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
94.00 96.70 119.60 65.30 1996 - 2019 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-26 07:00 AM Sep 96.2 96.5 95.1
2019-10-25 07:00 AM Oct 94 95.9 95.9
2019-11-28 08:00 AM Nov 96.9 94.5 94.8
2019-12-18 08:00 AM Dec 94 96.7 98.6
2020-01-29 08:00 AM Jan 94 94.9


News Stream
2019-11-28
Swedish Business Morale Improves in November
The total industry confidence indicator rose to 96.9 in November 2019 from a revised 94.5 in the previous month, as sentiment improved among retailers (106.5 vs 103.4 in October), service providers (94.5 vs 92.3), and constructors (103.5 vs 103.4). Meanwhile, confidence among manufacturers deteriorated further (96.1 vs 96.3).

2019-10-25
Swedish Business Morale Lowest since 2013
The business sentiment index for total industry in Sweden fell to 94.0 in October of 2019 from a downwardly revised 95.9 in the previous month. It was the lowest reading since May 2013, as sentiment deteriorated among manufacturers (96.0 from 97.2 in September), retailers (100.2 from 101.5) and service providers (91.8 from 93.9) while it rose sharply for constructors (105.6 from 101.1).

2019-09-26
Swedish Business Confidence Lowest since 2013
The business sentiment index for total industry in Sweden fell to 96.2 in September of 2019 from a downwardly revised 96.5 in the previous month. It was the lowest business confidence since June 2013, as sentiment deteriorated among service providers (94.6 from 96.1 in August) and constructors (100.8 from 103.0) but rose among retailers (101.5 from 99.6) and manufacturers (96.7 from 95.6).

2019-08-29
Swedish Business Confidence at 6-Year Low
The business sentiment index for total industry in Sweden decreased to 96.6 in August 2019, the lowest since June 2013, from a downwardly revised 97.1 in the previous month, as sentiment deteriorated among manufacturers (94.8 vs 97.1 in July), constructors (100.8 vs 102.6) and retailers (101.5 vs 102.5). Meanwhile, confidence among service providers improved slightly (96.6 vs 96.0).

2019-07-25
Swedish Business Morale Falls to 6-Year Low
The business sentiment index for total industry in Sweden decreased to 97.4 in July 2019, the lowest since July 2013, from a downwardly revised 99.9 in the previous month, as sentiment deteriorated among manufacturers (96.9 vs 100 in June) and service providers (96.5 vs 98.3). On the other hand, there was an improvement in confidence among constructors (102.8 vs 100.9) and retailers (102.7 vs 102.5).

2019-06-19
Swedish Business Confidence Falls in June
The business sentiment index for total industry in Sweden decreased to 100.2 in June 2019 from a downwardly revised 101.6 in the previous month, as sentiment deteriorated among manufacturers (100.2 vs 102.9 in May), constructors (101.1 vs 102.1), retailers (102.3 vs 106.0) and service providers (98.3 vs 99.4).


Sweden Business Confidence
In Sweden, the confidence indicator for the business sector is intended to provide a quick qualitative indication of actual outcomes, current situation and future expectations of Swedish companies. The variables in the survey include new orders, output, and employment. The survey covers 6,000 firms in the business sector.

Sweden Business Last Previous Highest Lowest Unit
Business Confidence 94.00 96.70 119.60 65.30 points [+]
Manufacturing PMI 47.10 45.70 70.40 34.00 points [+]
Services Pmi 48.70 47.90 67.20 34.50 points [+]
Industrial Production 0.80 -3.00 12.60 -26.40 percent [+]
Industrial Production Mom 2.10 -1.70 8.90 -16.70 percent [+]
Manufacturing Production 0.60 -3.00 19.20 -23.70 percent [+]
Capacity Utilization 91.40 90.90 91.40 76.00 percent [+]
New Orders 109.80 110.60 133.80 73.00 points [+]
Changes in Inventories 1179.00 11825.00 38594.00 -28657.00 SEK Million [+]
Bankruptcies 551.00 680.00 2148.00 276.00 Companies [+]
Car Registrations 48365.00 31126.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production 3.50 2.70 104.90 -49.80 percent [+]
Steel Production 308.85 330.02 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.25 81.66 81.66 5.40 Points [+]
Competitiveness Rank 8.00 9.00 10.00 2.00 [+]
Business Inventories -6136.89 1475.29 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 10.00 12.00 18.00 9.00 [+]
Electricity Production 14856.00 13924.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 85.00 85.00 95.00 84.00 Points [+]
Corruption Rank 4.00 3.00 6.00 1.00 [+]