FXEMPIRE
All
Ad
Advertisement
Advertisement

Search Indicator:

Choose Country
Choose Indicator

Germany Business Confidence

Last Release
Oct 2021
Actual
97.7 points
Forecast
96.5 points
Previous
98.9 points
Frequency
Monthly
Units In
points
Next Release
Nov 24, 2021
Time to Release
26 Days 19 Hours
Highest
Lowest
Average
Date Range
Source
109.8 points
Jan 1991
74.3 points
Apr 2020
97.78 points1991 - 2021IFO Institute
In Germany, the IFO Business Climate Index measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The survey is made by phone and covers 9,000 firms in manufacturing, the service sector, trade and construction. The Business Climate Balance is constructed as the difference between the percentage share of executives that are optimistic and the share that are pessimistic. This balance can take values between -100 (all responding firms assess their situation as poor and expect business to deteriorate) and +100 (all responding firms assessed their situation as good and expect an improvement in their business). For the calculation of the IFO Business Climate Index, the Balance is normalized to the average of a base year (currently 2015).

Latest Updates

The Ifo Business Climate indicator for Germany dropped to 97.7 in October 2021, the lowest level since April and slightly below market expectations of 97.9, as supply bottlenecks continued to weigh on Europe's largest economy. Expectations for the coming months were significantly more pessimistic (95.4 vs 97.4 in September), while companies' assessments of their current situation were also less positive (100.1 vs 100.4). Sentiment deteriorated among manufacturers (17.2 vs 20.0), service providers (16.5 vs 19.1), and traders (3.7 vs 9.0). Meanwhile, confidence among constructors improved slightly (12.9 vs 11.1).

Germany Business Confidence History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 25, 202108:23German Business Morale Deteriorates Further
Sep 24, 202108:07Germany Ifo Business Climate Continues to Fall
Aug 25, 202108:05Germany Business Climate at 3-Month Low
Jul 26, 202108:15German Business Climate Falls Unexpectedly
DATETIMEEVENTActual
Oct 25, 202108:00Ifo Business Climate97.7
Sep 24, 202108:00Ifo Business Climate98.8
Aug 25, 202108:00Ifo Business Climate99.4
Jul 26, 202108:00Ifo Business Climate100.8
Jun 24, 202108:00Ifo Business Climate101.8
May 25, 202108:00Ifo Business Climate99.2
Apr 26, 202108:00Ifo Business Climate96.8

Germany business Indicators

All Germany indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Business Confidence
97.7
Oct 2021
98.9
Sep 2021
74.3
Apr 2020
109.8
Jan 1991
pointsMonthly1991 - 2021
Bankruptcies
1,363
Dec 2019
1,413
Nov 2019
416
Nov 1979
3,755
Mar 2004
CompaniesMonthly1975 - 2019
Competitiveness Index
81.8
Dec 2019
82.84
Dec 2018
5.37
Dec 2010
82.84
Dec 2018
PointsYearly2007 - 2019
Corporate Profits
191.4
Jun 2021
185.99
Mar 2021
92.45
Jun 1991
191.4
Jun 2021
EUR BillionQuarterly1991 - 2021
Capacity Utilization
87.1
Sep 2021
86.2
Jun 2021
70.3
Sep 2009
88.8
Mar 2008
%Quarterly1992 - 2021
Car Production
208,700
Sep 2021
133,600
Aug 2021
10,900
Apr 2020
583,399
Mar 2011
UnitsMonthly1999 - 2021

Business Confidence across Europe

Business Confidence global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Albania
-1.5
Mar 2021
-11.7
Dec 2020
-30.1
Jun 2020
5.4
Sep 2006
pointsQuarterly2002 - 2021
Armenia
53.5
Mar 2017
52.1
Dec 2016
38.4
Mar 2009
69.5
Mar 2007
Index PointsQuarterly2005 - 2017
Austria
13.4
Sep 2021
16.9
Aug 2021
-37.8
Mar 2009
20.3
Jun 2021
pointsMonthly1985 - 2021
Belgium
4
Oct 2021
4
Sep 2021
-36.1
Apr 2020
10.1
Jul 2021
pointsMonthly1980 - 2021
Croatia
11.1
Sep 2021
10.7
Aug 2021
-29.4
Apr 2020
17.7
Feb 2018
pointsMonthly2008 - 2021
Cyprus
104.4
Sep 2021
104.9
Aug 2021
68
Apr 2013
114.9
Aug 2007
pointsMonthly2001 - 2021

Trade With A Regulated Broker