Spain's industrial confidence indicator declined to -6.4 in February of 2021 from an 11-month high of -3.8 in January. There was an deterioration in the level of new orders (-13.9 vs -15.8 in December) and output expectations (-3.3 vs 5.6) while the stock of finished products increased (2.1 vs 1.1). source: Ministerio de Industria, Energia Y Turismo

Business Confidence in Spain averaged -10.44 points from 1980 until 2021, reaching an all time high of 8.60 points in September of 1997 and a record low of -38.80 points in March of 2009. This page provides the latest reported value for - Spain Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Business Confidence in Spain is expected to be -0.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Spain to stand at -10.00 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -10.00 points in 2022 and -6.00 points in 2023, according to our econometric models.

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Spain Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-6.40 -3.80 8.60 -38.80 1980 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 11:55 AM Nov -7.7 -9.2 -10
2021-01-08 11:30 AM Dec -7.6 -7.7 -8
2021-01-28 01:45 PM Jan -3.6 -7.6 -8.7
2021-02-25 12:40 PM Feb -6.4 -3.8 -2.8
2021-03-30 11:30 AM Mar -6.4 -0.2
2021-04-29 11:00 AM Apr 4.2
2021-05-28 11:20 AM May
2021-06-29 10:35 AM Jun


News Stream
Spain Industrial Morale Falls from 11-Month High
Spain's industrial confidence indicator declined to -6.4 in February of 2021 from an 11-month high of -3.8 in January. There was an deterioration in the level of new orders (-13.9 vs -15.8 in December) and output expectations (-3.3 vs 5.6) while the stock of finished products increased (2.1 vs 1.1).
2021-02-25
Spain Industrial Morale Climbs to 11-Month High
Spain's industrial confidence indicator rose to -3.6 in January of 2021 from -7.6 in the previous month, the highest since February. There was an improvement in the level of new orders (-15.8 vs -16.9 in December) and output expectations (6.2 vs 5.2) and the stock of finished products decreased (1.1 vs 11.1).
2021-01-28
Spain Industrial Morale Edges Up to 9-Month High
Spain's industrial confidence indicator edged up to -7.6 in December of 2020 from -7.7 in the previous month, the highest since March. There was an improvement in the level of new orders (-16.7 vs -20 in November) and output expectations (5.1 vs 2.6) while the stock of finished products rose (11.1 vs 5.7).
2021-01-08
Spain Business Sentiment Up to 9-Month High
Spain's industrial confidence indicator increased to -7.7 in November of 2020 from -9.2 in the previous month, the highest since February. There was an improvement in the level of new orders (-20.2 vs -25.4 in October) and the stock of finished products decreased (5.7 vs 9.4) while output expectations dropped (2.7 vs 7.1).
2020-11-27

Spain Business Confidence
In Spain, the Industrial Confidence Indicator (ICI) measures the level of optimism of entrepreneurs for the future development of industrial activity. The ICI is conducted based on the sample of 2500 enterprises representing different sizes, regions and sectors of Spanish economy. The response rate is around 60 percent. ICI is measured on a scale of -100 (extreme lack of confidence) to +100 (extreme confidence).