The confidence of industrial businesses is decreasing in Croatia — but less rapidly than in the EU

Publicerad: 2019-11-29

In November the confidence of industrial businesses in Croatia decreased somewhat compared to the same month last year, down from 12 to 9.2.

In the same time, EU countries industrial businesses confidence have decreased significantly, down from 4.2 to -9.4 on average.

Croatia now has the second highest confidence of industrial businesses in the EU compared to the other 28 countries. Cyprus has the highest confidence of industrial businesses (9.8 points), while Luxembourg ranks last (-22.9 points).

The confidence of industrial businesses is decreasing in Croatia — but less rapidly than in the EU

Confidence of industrial businesses in EU countries

The whole country2019 (November)2018 (November)Change
Austria-9.47-16.4
Belgium-9.8-2.1-7.7
Bulgaria-3.5-0.3-3.2
Croatia9.212-2.8
Cyprus9.85.3+4.5
Czech Republic-6.22.2-8.4
Denmark-6.20.6-6.8
Estonia-14.78.1-22.8
Finland-6.97.4-14.3
France-7.30.3-7.6
Germany-16.27.3-23.5
Greece1.4-3.2+4.6
Hungary6.712.5-5.8
Ireland8.126.1-18
Italy-6.2-0.8-5.4
Latvia-3.52.4-5.9
Lithuania-5-2.7-2.3
Luxembourg-22.9-4.4-18.5
Malta-8.36.7-15
Netherlands-0.44.1-4.5
Poland-9.9-3.9-6
Portugal-3.4-0.3-3.1
Romania-0.20.6-0.8
Slovakia-1.31.5-2.8
Slovenia-46.8-10.8
Spain-5.1-0.8-4.3
Sweden-8.215.6-23.8
The United Kingdom-16.74.1-20.8

About the industrial indicator

This indicator is based on businesses surveyed on production, employment expectations, order-book levels, stocks of finished products and selling price.

For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.


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The economic sentiment indicator (ESI) is calculated as an index with mean value of 100 and standard deviation of 10 over a fixed standardised sample period.

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Statistiken kommer från Eurostat. Hämta originaldata här.

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