Germany Ifo Business Climate Index  1991-2018 | Data | Chart | Calendar

The Ifo Business Climate Index for Germany fell to 117.2 in December 2017 from a record high of 117.6 in the previous month and below market expectations of 117.5. The gauge of future expectations dropped to 109.5 from 111 in November, while the index of current conditions rose to 125.4 from 124.5. Sentiment deteriorated among manufacturers (31.7 from 33.1 in November) and wholesalers (22.5 from 25), but improved among constructors (18.9 from 17.2) and retailers (15.7 from 13.1). Business Confidence in Germany averaged 102.29 from 1991 until 2017, reaching an all time high of 117.60 in November of 2017 and a record low of 83.80 in March of 2009.

Germany Ifo Business Climate Index
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-25 08:00 AM IFO Business Climate 116.7 115.3 115.2 115.5
2017-11-24 09:00 AM IFO Business Climate 117.5 116.8 116.6 116.9
2017-12-19 09:00 AM IFO Business Climate 117.2 117.6 117.5 117.9
2018-01-25 09:00 AM IFO Business Climate 117.2 117.5 116.9
2018-02-22 09:00 AM IFO Business Climate 116.74
2018-03-22 09:00 AM IFO Business Climate 116.10


Germany Business Last Previous Highest Lowest Unit
Business Confidence 117.20 117.60 117.60 83.80 Index Points [+]
Services PMI 55.80 54.30 60.30 41.30 Index Points [+]
Manufacturing PMI 63.30 62.50 63.30 32.00 [+]
Composite Pmi 58.90 57.30 58.90 50.20 Index Points [+]
Industrial Production 5.60 2.80 15.30 -22.00 percent [+]
Industrial Production Mom 3.40 -1.20 4.00 -6.90 percent [+]
Manufacturing Production 6.30 2.60 15.50 -24.00 percent [+]
Capacity Utilization 87.10 86.70 88.70 70.20 percent [+]
New Orders 121.90 122.00 122.00 9.70 Index Points [+]
Factory Orders -0.40 0.70 27.10 -15.70 percent [+]
Changes in Inventories -3.23 -5.48 9.57 -11.49 EUR Billion [+]
Bankruptcies 1637.00 1626.00 3755.00 416.00 Companies [+]
Corporate Profits 193.15 189.11 193.15 90.99 EUR Billion [+]
Zew Economic Sentiment Index 17.40 18.70 89.60 -63.90 [+]
Car Production 361700.00 579600.00 583399.00 265542.00 Units [+]
Car Registrations 253950.00 302636.00 552865.00 43460.00 Cars [+]
Internet Speed 15298.72 14588.37 15298.72 3207.62 KBps [+]
IP Addresses 38794861.00 38344874.00 38794861.00 18134106.00 IP [+]
Mining Production 5.20 4.20 46.60 -30.40 percent [+]
Steel Production 3485.00 3600.00 4744.00 907.00 Thousand Tonnes [+]
Competitiveness Index 5.65 5.57 5.65 5.37 Points [+]
Competitiveness Rank 5.00 5.00 7.00 4.00 [+]
Corruption Index 81.00 81.00 82.70 73.00 Points [+]
Corruption Rank 10.00 10.00 20.00 10.00 [+]
Ease of Doing Business 20.00 17.00 27.00 14.00 [+]


Germany Ifo Business Climate Index

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 7 000 firms in manufacturing, construction, wholesaling and retailing industry. 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 2005). This page provides the latest reported value for - Germany Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Ifo Business Climate Index - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
117.20 117.60 117.60 83.80 1991 - 2017 Index Points Monthly
2005=100, SA




business confidence by Country
Country Last
Australia 6.00 Nov/17
Brazil 58.30 Dec/17
Canada 60.40 Dec/17
China 51.60 Dec/17
Euro Area 1.66 Dec/17
France 112.00 Dec/17
Germany 117.20 Dec/17
India 64.10 Mar/17
Indonesia 112.39 Sep/17
Italy 110.50 Dec/17
Japan 25.00 Dec/17
Mexico 49.60 Dec/17
Netherlands 8.90 Dec/17
Russia -5.00 Dec/17
South Korea 81.00 Dec/17
Spain 2.60 Dec/17
Switzerland 111.30 Dec/17
Turkey 103.30 Dec/17
United Kingdom -11.00 Dec/17
United States 59.70 Dec/17


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