Germany: Business confidence survey

* indicates monthly or quarterly data series
 Germany

Business confidence survey

 Latest value -2.9
 Reference January 2023
 Measure points
 Source Ifo Institute for Economic Research

For that indicator, we provide data for Germany from January 2005 to January 2023. The average value for Germany during that period was 11.27 points with a minimum of -34.7 points in April 2020 and a maximum of 29.2 points in January 2018. Click on the following link to see the values of Business confidence survey around the world.
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* indicates monthly or quarterly data series


Recent values


Economic outlook around the world

Longer historical series
Measure: points
Source: Ifo Institute for Economic Research



Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
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