Sweden Business Confidence - Forecast

Business Confidence in Sweden is expected to be 107.37 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 101.53 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 99.71 in 2020, according to our econometric models.


Sweden Business Confidence
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Sweden Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 110 107 105 103 102 99.71
Manufacturing PMI 60.4 58.65 57.19 56.16 55.57 55.19
Services Pmi 64.6 62.22 61.09 60.17 53.2 52.2
Industrial Production 6.5 4.83 4.04 3.4 2.2 1.4
Industrial Production Mom 0.9 0.12 0.1 0.13 0.5 0.4
Manufacturing Production 6.3 4.82 4.3 3.84 3.48 2.21
Capacity Utilization 90.9 90.4 90.4 90.5 90.5 90.9
New Orders 110 104 102 102 101 101
Changes in Inventories 14211 15748 -1922 11992 -7000 -3573
Bankruptcies 520 556 560 571 580 651
Car Registrations 35357 30962 29297 27894 26745 23387
Internet Speed 22543 22085 22731 23042 22128 20547
IP Addresses 5500163 5441480 5441192 5420798 5403067 5309256
Mining Production 5.1 4.15 4.09 3.95 3.89 3.83
Steel Production 417 401 399 399 399 399
Competitiveness Index 5.52 5.54 5.54 5.54 5.54 5.53
Competitiveness Rank 7 6 6 6 6 2
Ease of Doing Business 10 12 11 11 11 11
Electricity Production 14653 13477 10731 11583 13564 12507
Corruption Index 88 90 90 90 90 91
Corruption Rank 4 4 4 4 4 4