The manufacturing confidence indicator in Denmark stood at 3 in September 2021, unchanged from Augusts’ four-month low. Sentiment deteriorated were seen in production (17 vs 24 in August) and stock of finished goods (-3 vs 0), while expectations of stock of orders improved (-11 vs -14). source: Statistics Denmark

Business Confidence in Denmark averaged -1.84 points from 2005 until 2021, reaching an all time high of 14 points in September of 2006 and a record low of -33 points in February of 2009. This page provides the latest reported value for - Denmark Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Denmark Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Business Confidence in Denmark is expected to be 2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Denmark Business Confidence is projected to trend around -1.00 points in 2022, according to our econometric models.

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Denmark Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-08-30 06:00 AM Aug 3 6 4
2021-09-29 06:00 AM Sep 3 3 2
2021-10-28 06:00 AM Oct 3 2


News Stream
Danish Business Morale Stays at 4-Month Low
The manufacturing confidence indicator in Denmark stood at 3 in September 2021, unchanged from Augusts’ four-month low. Sentiment deteriorated were seen in production (17 vs 24 in August) and stock of finished goods (-3 vs 0), while expectations of stock of orders improved (-11 vs -14).
2021-09-29
Danish Business Confidence Falls to 4-Month Low
The manufacturing confidence indicator in Denmark decreased to 3 in August 2021 from an upwardly revised 7 in the previous month. It was the weakest reading since April, as sentiment deteriorated were seen in production (24 vs 25 in July) and stock of orders (-14 vs -6), amid the coronavirus pandemic. Meanwhile, expectations of stocks of finished goods improved (0 vs -1).
2021-08-30
Danish Business Confidence Strongest in 4 Years
The manufacturing confidence indicator in Denmark increased to 6 in July 2021 from 4 in the previous month. It was the strongest reading since July 2017, as sentiment improved were seen in production (24 vs 23 in June) and stock of orders (-6 vs -9), amid easing the lockdown measures to combat the spread of the coronavirus. Meantime, expectations of stocks of finished goods deteriorated (-1 vs 1).
2021-07-29

Denmark Last Unit Reference Previous Highest Lowest
Business Confidence 3.00 points Sep/21 3.00 14.00 -33.00
Industrial Production Mom 5.00 percent Aug/21 4.90 15.30 -11.20
Industrial Production 15.50 percent Aug/21 14.60 15.50 -22.20
New Orders 7.00 points Mar/21 -5.00 44.00 -59.00
Changes in Inventories 2027.00 DKK Million Jun/21 -179.00 10978.00 -11034.00
Bankruptcies 385.00 Companies Sep/21 194.00 1524.00 69.00
Car Registrations 14289.00 Sep/21 15923.00 29700.00 1191.00
Corporate Profits 321991.00 DKK Million Dec/19 370803.00 370803.00 45386.00


Denmark Business Confidence
In Denmark, the tendency survey in manufacturing provides information on the current situation as well as expectations for the coming three months for the manufacturing industries. The most important variables used in the survey are production, employment, new orders, sales prices, investment plans and limits to production.