The business sentiment index for total industry in Sweden decreased to 104.8 in November 2018 from a downwardly revised 106.0 in the previous month. It is the lowest reading since August 2016, as confidence deteriorated among service providers (99.6 from 102.3 in October) and constructors (100.7 from 105.4) while it increased for manufacturers (116.2 from 115.3) and retailers (103.1 from 101.2). Business Confidence in Sweden averaged 100 Index Points from 1996 until 2018, reaching an all time high of 119.10 Index Points in November of 2010 and a record low of 65.80 Index Points in March of 2009.

Business Confidence in Sweden is expected to be 108.70 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Sweden to stand at 102.92 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 106.00 Index Points in 2020, according to our econometric models.

Sweden Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 07:00 AM Business Confidence 107.1 106.3 107.9
2018-09-27 07:00 AM Business Confidence 110.2 107 107.9
2018-10-25 07:00 AM Business Confidence 106.3 109.7 109.5
2018-11-28 08:00 AM Business Confidence 104.8 106.0 106
2018-12-19 08:00 AM Business Confidence 104.8 108.7
2019-01-21 08:00 AM Business Confidence
2019-02-27 08:00 AM Business Confidence


Sweden Business Last Previous Highest Lowest Unit
Business Confidence 104.80 106.00 119.10 65.80 Index Points [+]
Manufacturing PMI 56.70 55.00 71.40 32.70 [+]
Services Pmi 62.20 56.40 67.50 34.30 Index Points [+]
Industrial Production 4.60 2.10 14.10 -23.80 percent [+]
Industrial Production Mom 2.80 0.50 8.80 -7.80 percent [+]
Manufacturing Production 5.00 2.10 19.20 -23.70 percent [+]
Capacity Utilization 91.00 90.80 91.20 76.00 percent [+]
New Orders 115.50 114.20 133.80 72.90 Index Points [+]
Changes in Inventories 15748.00 10593.00 34961.00 -26723.00 SEK Million [+]
Bankruptcies 672.00 547.00 2148.00 276.00 Companies [+]
Car Registrations 26357.00 24128.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production -6.70 3.20 104.90 -49.80 percent [+]
Steel Production 375.15 260.28 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.66 81.58 81.66 5.40 Points [+]
Competitiveness Rank 9.00 9.00 10.00 2.00 [+]
Business Inventories -4897.26 2918.39 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 9899.00 9949.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 84.00 88.00 95.00 84.00 Points [+]
Corruption Rank 6.00 4.00 6.00 1.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
104.80 106.00 119.10 65.80 1996 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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