The total industry confidence indicator in Sweden edged up to 118.8 in September of 2021 from a downwardly revised 118.5 in the previous month. Sentiment improved among traders (+4.9 points), constructors (+1.2 points), and service providers (+0.1 points) but fell 1.9 points for manufacturer although remaining unusually high. 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 121.70 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 October of 2021.

Business Confidence in Sweden is expected to be 118.00 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


Calendar GMT Actual Previous Consensus TEForecast
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 118.7 122.4 121
2021-09-29 07:00 AM Sep 118.8 118.5 118
2021-10-28 07:00 AM Oct 118.8 118.2
2021-11-26 08:00 AM Nov
2021-12-22 08:00 AM Dec


News Stream
Swedish Business Sentiment Ticks Up in September
The total industry confidence indicator in Sweden edged up to 118.8 in September of 2021 from a downwardly revised 118.5 in the previous month. Sentiment improved among traders (+4.9 points), constructors (+1.2 points), and service providers (+0.1 points) but fell 1.9 points for manufacturer although remaining unusually high.
2021-09-29
Swedish Business Confidence Falls from Record High
The total industry confidence indicator in Sweden decreased to 118.7 in August 2021, from the previous month's record high of 122.4, as sentiment deteriorated among retailers (111.6 vs 118.6 in July) and service providers (112.2 vs 115.5). Meanwhile, there was an improvement in morale among manufacturers (129.2 vs 128.6) and constructors (108.7 vs 108.1).
2021-08-27
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

Sweden Last Unit Reference Previous Highest Lowest
Business Confidence 118.80 points Sep/21 118.50 121.70 56.60


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.