Germany business confidence


Germany business confidence: 87.3 (0.46%)
Last Update: November 30, 2023

Germany business confidence closed down 87.3 as of November 30, 2023 from 86.9 from the previous month and 86.4 from last year.


Germany business confidence Analytics & Data




Embed this chart in your website or Share this chart with your friends MacroVar Free Open Data enables you to Embed, Share and Download Germany business confidence historical data, charts and analysis in your website and with others.



Download the last 10 years of historical data for free by clicking Download Data. Sign up free to access full historical data.

Embed Germany business confidence Chart or Data Table in your website or Share this chart and data table with your friends.

Germany business confidence

Date Values
2023-11-30 87.3
2023-10-31 86.9
2023-09-30 85.8
2023-08-31 85.8
2023-07-31 87.3
2023-06-30 88.6
2023-05-31 91.7
2023-04-30 93.6
2023-03-31 93.2
2023-02-28 91
2023-01-31 90.1
2022-12-31 88.5
2022-11-30 86.4
2022-10-31 84.4
2022-09-30 84.4
2022-08-31 88.7
2022-07-31 88.7
2022-06-30 92.3
2022-05-31 93.2
2022-04-30 92


Get notified instantly when MacroVar new signals are available for Germany business confidence. Create your free account


Embed the latest Germany business confidence Chart, Data Table or text to your website by clicking the 3 options below.

  • Chart
  • Data
  • Live Text
Copy the following Code to your Website


Share the specific page using the buttons below or Download the latest Germany business confidence chart or data.



Download the last 10 years of historical data for free by clicking Download Data. MacroVar also enables you to Embed auto-updated Chart, Table and Live text to your website.

Sign up free to access full historical data of Germany business confidence.

Germany business confidence Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence de.bizconfidence 86.9 85.8 1 -2 Down Down 68 2023-12-31

Germany business confidence Factors

MacroVar Quantitative Models analyzes financial and macroeconomic factors affecting to find uncorrelated trading ideas. MacroVar statistical models monitor dynamics and generate signals when unusual deviations are detected between financial markets and their factors

  Upgrade your account to access premium financial and economic signals and research.



What is the Germany business confidence

Germany business confidence is an important indicator of the overall health and outlook of the German economy. It is measured by various indices, such as the Ifo Business Climate Index, the ZEW Indicator of Economic Sentiment, and the PMI (Purchasing Managers' Index).

Business confidence reflects the level of optimism or pessimism among German businesses regarding their own prospects and the economic conditions in general. It is typically derived from surveys conducted among businesses across different sectors and sizes.

Interpreting Germany business confidence involves considering both current and historical data. By analyzing the current level of business confidence, one can gauge the current sentiment and expectations of businesses in Germany. A higher reading indicates increased optimism about the economic outlook, suggesting potential expansion and investment. On the other hand, a lower reading indicates decreased confidence and potential caution among businesses.

Furthermore, analyzing historical trends and changes in business confidence provides valuable insights into the economic cycles and the impact of external factors on business sentiment. For example, during periods of economic downturns or crisis, business confidence tends to decline as businesses become more cautious and uncertainty prevails. Conversely, during periods of economic growth and stability, business confidence tends to increase.

By providing users with access to current and historical data, trends and signals, analytics, and charts for Germany business confidence, the webpage ensures that users can track and interpret the changing sentiment of German businesses accurately. The charts and data visualizations allow users to identify patterns and correlations, making it easier to understand the key drivers of business confidence.

Additionally, users have the option to export historical data for further analysis, allowing them to conduct their research and create custom models. This empowers them to make informed decisions and predictions based on their specific needs.

Furthermore, users can leverage MacroVar signals, trends, and analysis provided on the webpage. MacroVar offers advanced tools and algorithms that help identify potential turning points and predict future trends in business confidence. By combining the historical data with MacroVar's analysis, users can gain a deeper understanding of the underlying factors and make more accurate forecasts.

In conclusion, Germany business confidence is a crucial indicator for assessing the state of the German economy. By interpreting current and historical data, users can track trends, identify patterns, and make informed decisions. The webpage's features, such as exporting historical data and utilizing MacroVar signals and analysis, provide users with valuable tools to conduct in-depth analysis and enhance their understanding of Germany business confidence.

Germany Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
DAX DAX 15143.6 0.5 -0.75 -1.24497 51.9278 0.01476 0.02801 0.00487 0.1081
Germany ETF EWG 25.36 -0.5 -1 -2.2394 43.4162 0.00715 0.00915 -0.01285 0.16224
FGBX 30Y German Bunds FGBX 123.18 0.5 -1 -1.55426 55.1115 0.00309 0.02924 0.03011 -0.15734
FGBL 10Y German Bunds FGBL 129.94 1 -0.75 -1.16109 59.1946 0.00023 0.01003 0.01563 -0.06194
German 30Y DE.30Y 2.996 -0.5 1 1.65043 46.3934 -0.02347 -0.0382 -0.03697 0.66908
Germany 10-Year Bond Yield DE.10Y 2.722 -1 0.75 1.08587 41.4967 -0.01555 -0.05058 -0.05486 0.28822
Germany 5-Year Bond Yield DE.5Y 2.487 -1 0.25 0.33949 42.2064 0.00161 -0.03679 -0.04125 0.27538
Germany 2-year bond yield DE.2Y 2.996 -1 0 0.18331 36.9987 0.00369 -0.02759 -0.04768 0.38001
Germany Yield Curve DE.YC -0.344 0.5 1 0.8341 48.4882 0.20702 0.23297 0.34375 -7.14286
Germany Credit Default Swaps CDS.Germany 12.8892 -1 -1 -0.87232 41.4957 -0.12985 -0.13785 -0.08035 -0.18007
Germany Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade de.balanceoftrade 16.72 17.75 -6 154 UP UP 97 2023-10-31
bank lending rate de.banks.lendingrate 5.58 5.37 4 197 UP UP 100 2023-06-30
banks balance sheet de.banks.bs 10799.7 10797.6 0 -3 UP Down 2 2023-09-30
building permits de.buildingpermits 16785 16334 3 -29 Down Down 12 2023-09-30
business confidence de.bizconfidence 86.9 85.8 1 -2 Down Down 68 2023-12-31
capacity utilization de.caputilization 82 83 -1 3 Down UP 78 2023-12-31
capital flows de.capitalflows 24011 30924 -22 -373 Down UP 5 2023-09-30
car registrations de.carregistrations 218959 224502 -2 5 Down UP 62 2023-10-31
central bank balance sheet de.cb.assets 2522.14 2513.23 0 -6 Down Down 22 2024-03-31
composite pmi de.comppmi 47.1 45.9 3 2 Down UP 75 2023-11-30
construction pmi de.constrpmi 38.3 39.3 -3 -13 Down Down 19 2023-10-31
consumer confidence de.consconfidence -28.1 -26.7 5 -33 UP UP 43 2023-11-30
consumer price index cpi de.cpi 117.3 117.8 -0 3 UP UP 72 2023-10-31
core inflation rate de.coreinflationrate 4.3 4.64 -7 23 Down UP 48 2023-08-31
current account de.currentaccount 28132 22829.8 23 152 UP UP 95 2023-09-30
current account to gdp de.currentaccountgdp 4.2 7.7 -45 -26 Down Down 0 2022-01-31
exports de.exports 126.52 129.62 -2 -6 Down Down 36 2023-09-30
external debt de.externaldebt 6043940 6064090 0 13 UP UP 60 2023-06-30
fiscal expenditure de.fiscalexp 497 564.38 -12 17 UP UP 0 2023-06-30
foreign direct investment de.fdi 4437.05 -1326.51 -434 -58 UP Down 50 2023-09-30
foreign exchange reserves de.fxreserves 295288 282490 5 8 UP UP 43 2023-10-31
gdp de.gdp 4072.19 4259.93 -4 20 UP UP 0 2022-12-31
Real GDP de.realgdp 816.31 816.92 -0 4 UP UP 52 2023-09-30
gdp growth de.gdpgrowth -0.1 0.1 -200 -114 Down Down 25 2023-12-31
gdp growth annual de.gdpgrowthan -0.3 0 0 -90 Down UP 37 2023-12-31
gold reserves de.goldres 3352.65 3354.89 0 0 Down Down 51 2023-06-30
government budget de.govbudget -2.5 -3.6 -31 -22 Down UP 0 2023-01-31
Government budget de.govbudgetvalue -79.361 -34.603 129 -1378 Down Down 3 2022-12-31
government debt de.govdebt 2417030 2406650 0 15 UP UP 65 2023-06-30
government debt to gdp de.govdebtgdp 66.3 69.3 -4 -19 Down Down 0 2022-01-31
government revenues de.govrev 441.68 481.84 -8 16 UP UP 91 2023-03-31
housing index de.housingindex 209.77 210.62 0 -6 Down Down 3 2023-08-31
imports de.imports 110 110.02 -0 -12 Down Down 28 2023-11-30
industrial production de.indproduction -3.68 -1.86 98 360 Down Down 90 2023-07-31
industrial production mom de.indproductionmm -1.4 -0.1 1300 -227 Down Down 0 2023-09-30
inflation cpi de.inflationcpi 3.8 4.5 -16 -57 Down Down 19 2023-11-30
interbank rate de.interbankrate 3.672 3.54 4 9824 UP UP 100 2023-07-31
interest rate de.interestrate 3.5 3 17 6900 UP UP 100 2023-04-28
loans to private sector de.loanprivate 1879.41 1872.41 0 16 UP UP 86 2023-06-30
long term unemployment rate de.ltunemploymentrate 1.2 1.1 9 -29 Down Down 45 2021-03-31
Manufacturing PMI de.manpmi 42.3 40.8 4 -10 Down Down 59 2023-12-31
money supply m1 de.msm1 2634.9 2666.2 -1 -10 Down Down 3 2023-10-31
money supply m2 de.msm2 3748.5 3757.6 -0 -2 Down Down 2 2023-09-30
money supply m3 de.msm3 3833.7 3837.6 -0 -0 Down Down 4 2023-10-31
Producer Price Index de.producerprices 147 148.6 -1 -1 Down Down 13 2023-06-30
PPI Index de.producerpricesch -11 -14.7 -25 -132 Down Down 31 2023-10-31
retail sales MoM de.retailsales -0.8 -1.2 -33 -167 Down Down 0 2023-09-30
retail sales de.retailsalesan -4.3 -2.3 87 -14 Down UP 65 2023-10-31
services pmi de.servpmi 48.7 48.2 1 6 Down UP 77 2023-11-30
unemployment rate de.unemploymentrate 5.8 5.7 2 5 UP UP 55 2023-11-30
youth unemployment rate de.ytunemploymentrate 5.6 5.4 4 -27 Down Down 6 2022-03-31
zew economic sentiment index de.zewsentiment -1.1 -11.4 -90 -97 UP UP 48 2023-11-30
zew economic current index de.zewcurrent 45.2 47.2 -4.24 -13.08 -100.0 -100.0 0 2019-07-31
IFO Business Climate de.ifo.biz.climate 91.7 93.4 -2 -1 UP Down 72 2023-05-30
IFO Business Expectations de.ifo.biz.expectations 88.6 91.7 -3 2 UP UP 74 2023-05-30
IFO Current Conditions de.ifo.current 94.8 95.1 0 -5 Down Down 41 2023-05-30
Construction Confidence de.esi.constr -12.6 -7.7 64 -329 Down Down 5 2023-06-30
Consumer Confidence de.esi.cons -13.7 -13 5 -31 UP UP 0 2023-06-30
Industrial Confidence de.esi.man -8.7 -5.1 71 -158 Down Down 32 2023-06-30
Retail Confidence de.esi.ret -16.6 -17.9 -7 19 UP Down 63 2023-06-30
Services Confidence de.esi.serv 6.7 7.7 -13 -55 Down Down 42 2023-06-30
ESI - Economic Composite de.esi.conf 93.4 95.3 -2 -11 Down Down 26 2023-06-30