Germany Ifo Business Climate Index  1991-2017 | Data | Chart | Calendar

The Ifo Business Climate Index for Germany rose to 111 in December 2016 from 110.4 in November and above market expectations of 110.7. It was the strongest level since February 2014, as sentiment improved among manufacturers, constructors and wholesalers but remained unchanged for retailers. The index of current conditions increased sharply to its highest level in more than four years (116.6 from 115.6 in November) and the gauge of future expectations also improved (105.6 from 105.5). Business Confidence in Germany averaged 101.81 from 1991 until 2016, reaching an all time high of 114.20 in November of 2010 and a record low of 83.70 in March of 2009.

Germany Ifo Business Climate Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-25 08:00 AM Oct 110.5 109.5 109.5 110.4
2016-11-24 09:00 AM Nov 110.4 110.4 110.5 109.9
2016-12-19 09:00 AM Dec 111 110.4 110.7 110.9
2017-01-25 09:00 AM Jan 111 111.53
2017-02-22 09:00 AM Feb 111.74
2017-03-27 09:00 AM Mar 111.96




Germany Business Last Previous Highest Lowest Unit
Business Confidence 111.00 110.40 114.20 83.70 [+]
Services PMI 54.30 55.10 60.30 41.30 Index Points [+]
Manufacturing PMI 55.60 54.30 62.70 32.00 [+]
Composite Pmi 55.20 55.00 56.40 50.20 Index Points [+]
Industrial Production 2.20 1.60 14.90 -22.00 percent [+]
Industrial Production Mom 0.40 0.50 4.00 -6.90 percent [+]
Manufacturing Production 2.70 1.80 15.50 -24.00 percent [+]
Capacity Utilization 85.70 84.70 88.70 70.20 percent [+]
New Orders 113.90 116.80 119.00 9.70 Index Points [+]
Factory Orders -2.50 5.00 27.10 -15.70 percent [+]
Changes in Inventories -6.84 -7.40 9.57 -11.49 EUR Billion [+]
Bankruptcies 1621.00 1896.00 3755.00 416.00 Companies [+]
Corporate Profits 182.62 194.63 194.63 90.93 EUR Billion [+]
Zew Economic Sentiment Index 16.60 13.80 89.60 -63.90 [+]
Car Production 365100.00 525100.00 583399.00 265542.00 Units [+]
Car Registrations 256533.00 276567.00 552865.00 43460.00 Cars [+]
Competitiveness Index 5.57 5.53 5.57 5.37 Points [+]
Competitiveness Rank 5.00 4.00 7.00 4.00 [+]
Ease of Doing Business 17.00 14.00 27.00 14.00 [+]
Corruption Index 81.00 79.00 82.70 73.00 Points [+]
Corruption Rank 10.00 12.00 20.00 10.00 [+]
Mining Production -8.10 -7.10 46.60 -30.40 percent [+]
Steel Production 3334.63 3505.83 4744.00 907.00 Thousand Tonnes [+]



Germany Ifo Business Climate Index Notes

In Germany, the IFO Business Climate Index measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The survey is made by phone and covers 7 000 firms in manufacturing, construction, wholesaling and retailing industry. The Business Climate Balance is constructed as the difference between the percentage share of executives that are optimistic and the share that are pessimistic. This balance can take values between -100 (all responding firms assess their situation as poor and expect business to deteriorate) and +100 (all responding firms assessed their situation as good and expect an improvement in their business). For the calculation of the IFO Business Climate Index, the Balance is normalized to the average of a base year (currently 2005). This page provides the latest reported value for - Germany Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Ifo Business Climate Index - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
111.00 110.40 114.20 83.70 1991 - 2016 Monthly



Last
Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 5.00 Nov/16
Austria -1.80 Dec/16
Bangladesh 9.96 Dec/14
Belgium -0.20 Dec/16
Brazil 50.10 Jan/17
Bulgaria 17.20 Dec/16
Canada 60.80 Dec/16
Cape Verde 0.00 Sep/16
Chile 41.49 Dec/16
China 51.40 Dec/16
Colombia -4.00 Nov/16
Croatia 5.10 Dec/16
Cyprus 114.70 Dec/16
Czech Republic 97.10 Dec/16
Denmark -1.00 Dec/16
Ecuador 1192.60 Nov/16
Estonia 103.90 Dec/16
Euro Area 0.79 Dec/16
European Union 109.10 Dec/16
Finland 2.40 Dec/16
France 106.00 Dec/16
Georgia 25.00 Sep/16
Germany 111.00 Dec/16
Greece 94.60 Dec/16
Hong Kong 2.00 Dec/16
Hungary 3.70 Dec/16
India 57.20 Jun/16
Indonesia 107.89 Sep/16
Ireland 16.00 Dec/16
Israel 19.40 Dec/16
Italy 103.50 Dec/16
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia -6.50 Dec/16
Lithuania -6.60 Dec/16
Luxembourg 108.00 Dec/16
Macedonia 26.10 Dec/16
Malaysia 83.90 Sep/16
Maldives -21.00 Sep/16
Malta 115.50 Dec/16
Mauritius 93.00 Sep/16
Mexico 51.80 Dec/16
Mozambique 90.20 Nov/16
Netherlands 4.70 Dec/16
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway -5.00 Sep/16
Peru 61.00 Oct/16
Philippines 39.80 Dec/16
Poland -2.60 Dec/16
Portugal 1.20 Dec/16
Qatar 20.40 Jun/16
Romania 1.00 Dec/16
Russia -8.00 Dec/16
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 4.00 Sep/16
Slovakia 4.70 Dec/16
Slovenia 7.00 Dec/16
South Africa 38.00 Dec/16
South Korea 72.00 Dec/16
Spain -2.80 Dec/16
Sri Lanka 102.00 Sep/16
Sweden 111.60 Dec/16
Switzerland 102.20 Dec/16
Thailand 50.30 Dec/16
Turkey 98.40 Dec/16
Uganda 53.95 Dec/16
Ukraine 108.70 Dec/16
United Kingdom -8.00 Dec/16
United States 54.70 Dec/16