The total industry confidence indicator in Sweden decreased for a second month in a row to 92.6 in December 2020, moving further away from October's eight-month high of 95.2, as a second wave of coronavirus infections forced the country to impose new restriction measures. Sentiment deteriorated among manufacturers (106.9 vs 109.9 in November), retailers (97.5 vs 99.7) and service providers (86.4 vs 88.6). Meanwhile, morale among constructors improved (95.6 vs 94.9). source: National Institute of Economic Research, Sweden

Business Confidence in Sweden averaged 100 points from 1996 until 2020, reaching an all time high of 118.40 points in November of 2010 and a record low of 57.60 points in April of 2020. 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. Sweden Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Business Confidence in Sweden is expected to be 92.50 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 87.00 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 91.00 points in 2021 and 95.00 points in 2022, according to our econometric models.

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Sweden Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
92.60 94.60 118.40 57.60 1996 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-29 07:00 AM Sep 93.6 86.3 82.5
2020-10-28 08:00 AM Oct 95.7 93.8 81
2020-11-26 08:00 AM Nov 94.9 95.6 91.5
2020-12-22 08:00 AM Dec 92.6 94.6 92.5
2021-01-28 08:00 AM Jan 92.6 93.2
2021-02-26 08:00 AM Feb
2021-03-26 08:00 AM Mar
2021-04-23 07:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Swedish Business Sentiment Falls For 2nd Month
The total industry confidence indicator in Sweden decreased for a second month in a row to 92.6 in December 2020, moving further away from October's eight-month high of 95.2, as a second wave of coronavirus infections forced the country to impose new restriction measures. Sentiment deteriorated among manufacturers (106.9 vs 109.9 in November), retailers (97.5 vs 99.7) and service providers (86.4 vs 88.6). Meanwhile, morale among constructors improved (95.6 vs 94.9).
2020-12-22
Swedish Business Confidence Weakens in November
The total industry confidence indicator in Sweden decreased to 94.9 in November 2020, from the previous month's eight-month high of 95.6, as a second wave of coronavirus infections forced the country to impose new restriction measures. Sentiment among retailers deteriorated (100.0 vs 107.6 in October), while that among service providers was little-changed (88.7 vs 88.6). Meanwhile, morale improved among manufacturers (110.6 vs 106.4) and constructors (94.9 vs 93.2).
2020-11-26
Sweden Business Morale at 8-Month High
The total industry confidence indicator in Sweden increased by 1.9 points from the previous month to an eight-month high of 95.7 in October of 2020 but remaining below February's pre-pandemic levels and the long-term average of 100. Sentiment improved among manufacturers (106.8 vs 105.5 in September); service providers (88.4 vs 87); retailers (106.4 vs 108.8) and constructors (92.7 vs 89.8).
2020-10-28
Swedish Business Confidence at 7-Month High
The total industry confidence indicator in Sweden increased by 7.3 points from the previous month to a seven-month high of 93.6 in September 2020, remaining below February's pre-pandemic levels and the long-term average of 100. Sentiment improved among manufacturers (105.8 vs 98.9 in August), service providers (86.5 vs 79.0) and retailers (106.9 vs 99.4), while morale among constructors deteriorated (89.5 vs 93.9).
2020-09-29

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.