The total industry confidence indicator in Sweden jumped to 122.9 in July of 2021 from an upwardly revised 118.9 in June. It is the highest reading ever, as sentiment improved among manufacturers (to a record 129.2 vs 125.1 in June), due chiefly to firms’ view of the size of their stocks having improved further. Firms’ view of their current order books also contributed to the rise, but expectations for production volumes were less optimistic than in June. Sentiment was also higher among traders (123.5 vs 118.1), service providers (115.7 vs 112.8) and constructors (105.8 vs 104.5). source: National Institute of Economic Research, Sweden

Business Confidence in Sweden averaged 100.05 points from 1996 until 2021, reaching an all time high of 122.90 points in July of 2021 and a record low of 56.60 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 July of 2021.

Business Confidence in Sweden is expected to be 112.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Business Confidence is projected to trend around 111.00 points in 2022 and 106.00 points in 2023, according to our econometric models.

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Sweden Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
122.90 118.90 122.90 56.60 1996 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-29 07:00 AM Apr 112.3 101.9 101.5
2021-05-27 07:00 AM May 116.2 112.3 114
2021-06-29 07:00 AM Jun 118.8 116.4 115
2021-07-29 07:00 AM Jul 122.9 118.9 117.5
2021-08-27 07:00 AM Aug 122.9
2021-09-29 07:00 AM Sep
2021-10-28 08:00 AM Oct
2021-11-26 08:00 AM Nov


News Stream
Sweden Business Confidence Hits Record High
The total industry confidence indicator in Sweden jumped to 122.9 in July of 2021 from an upwardly revised 118.9 in June. It is the highest reading ever, as sentiment improved among manufacturers (to a record 129.2 vs 125.1 in June), due chiefly to firms’ view of the size of their stocks having improved further. Firms’ view of their current order books also contributed to the rise, but expectations for production volumes were less optimistic than in June. Sentiment was also higher among traders (123.5 vs 118.1), service providers (115.7 vs 112.8) and constructors (105.8 vs 104.5).
2021-07-29
Swedish Business Sentiment at Over 10-Year High
The total industry confidence indicator in Sweden climbed to 116.2 in May of 2021 from 112.3 in the previous month. It was the highest reading since February of 2011, as sentiment improved among manufacturers (126 vs 120.7 in April), traders (115.1 vs 114.2), service providers (109.7 vs 106.2) and constructors (100.6 vs 95.3).
2021-05-27
Swedish Business Sentiment Highest since 2011
The total industry confidence indicator in Sweden jumped to 112.3 in April of 2021 from an upwardly revised 101.9 in the previous month. It was the highest reading since March of 2011, as sentiment improved among manufacturers (121 vs 117.7 in March); traders (114.8 vs 100.2), service providers (106 vs 96.5) and constructors (94.8 vs 89.1).
2021-04-29
Swedish Business Sentiment Picks Up to Near 2-Year High
The total industry confidence indicator in Sweden rose to 100.8 in March of 2021 from an upwardly revised 100.5 in the previous month. It was the highest reading since July of 2019, as sentiment continued to improve among manufacturers (117.7 vs 114.9 in February), service providers (95.4 vs 94.8) and constructors (88.6 vs 86.8). Meanwhile, confidence waned among retailers (98.9 vs 102.4).
2021-03-30

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.