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).

Business Confidence in Sweden averaged 100 points from 1996 until 2020, reaching an all time high of 118.20 points in November of 2010 and a record low of 57 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 October of 2020. source: National Institute of Economic Research, Sweden

Business Confidence in Sweden is expected to be 82.50 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 88.00 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
93.60 86.30 118.20 57.00 1996 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-24 07:00 AM Jun 68.6 58.9 69.5
2020-07-29 07:00 AM Jul 80.7 68.9 66.5
2020-08-27 07:00 AM Aug 86.4 80.9 83
2020-09-29 07:00 AM Sep 93.6 86.3 82.5
2020-10-28 08:00 AM Oct 93.6 89.2
2020-11-26 08:00 AM Nov
2020-12-22 08:00 AM Dec 83


News Stream
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
Swedish Business Sentiment Up to 5-Month High
The total industry confidence indicator in Sweden rose to 86.4 in August of 2020 from an upwardly revised 80.9 in the previous month. It was the highest reading since March but remains below pre-pandemic levels and the long-term average of 100. Confidence improved among manufacturers (97.7 vs 96.5 in July); constructors (93.3 vs 92.8); retailers (98.3 vs 97.1) and service providers (79.6 vs 73.3).
2020-08-27
Swedish Business Confidence Improves Further
The total industry confidence indicator in Sweden increased to 80.7 in July of 2020 from an upwardly revised 68.9 in the previous month. It was the highest reading since March, as confidence improved among manufacturers (95.7 vs 89.3 in June); constructors (92.6 vs 89.8), retailers (96.7 vs 85.7) and service providers (73.3 vs 61.9).
2020-07-29
Sweden Business Morale at 3-Month High
The total industry confidence indicator in Sweden increased to 68.6 in June of 2020 from an upwardly revised 58.9 in the previous month. It was the highest reading since March, as confidence improved among manufacturers (89.1 vs 76.4 in May); constructors (83.3 vs 79.3) and retailers (83.2 vs 76.5).
2020-06-24

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.