Germany Business Confidence Growth

1992 - 2026 | Monthly | % Point | CEIC Data

Key information about Germany Business Confidence Growth

  • Germany Business Confidence grew 10.4 % in Feb 2026, compared with an increase of 12.4 % YoY in the previous month.
  • Germany Business Confidence: YoY Change is updated monthly, available from Jan 1992 to Feb 2026, with an averaged rate of -60.3 %.
  • The data reached an all-high of 66.5 % in Apr 2021 and a record low of -64.0 % in Mar 2009.

CEIC calculates Business Confidence Change from monthly Business Climate Balance. The Institute for Economic Research at the University of Munich provides Business Climate Balance with range from -100 to 100 with neutral point 0. Business Confidence covers Manufacturing sector only.

View Germany's Business Confidence Growth from Jan 1992 to Feb 2026 in the chart:

Germany Business Confidence Growth

What was Germany's Business Confidence Growth in Feb 2026?

Germany Business Confidence grew 10.4 % in Feb 2026, compared with an increase of 12.4 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.4 Feb 2026 12.4 Jan 2026 -64.0 Mar 2009 66.5 Apr 2021 % Point monthly Jan 1992 - Feb 2026

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) -3.6 Dec 2025 quarterly Jun 2017 - Dec 2025
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -2.0 Jan 2026 monthly Jul 2013 - Jan 2026
Austria (% Point) 1.0 Feb 2026 monthly Jan 1986 - Feb 2026
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -1.5 Feb 2026 monthly Jan 1981 - Feb 2026
Brazil (% Point) -9.2 Nov 2025 monthly Jan 2010 - Nov 2025
Bulgaria (% Point) -4.4 Feb 2026 monthly Jan 1994 - Feb 2026
Canada (% Point) 2.6 Feb 2026 monthly Dec 2001 - Feb 2026
Chile (% Point) 2.6 Feb 2026 monthly Nov 2004 - Feb 2026
China (% Point) -2.4 Feb 2026 monthly Jan 2006 - Feb 2026
Colombia (% Point) -3.5 Jan 2026 monthly Jan 1981 - Jan 2026
Croatia (% Point) -2.6 Jan 2026 monthly May 2009 - Jan 2026
Cyprus (% Point) -12.0 Jan 2026 monthly May 2003 - Jan 2026
Czech Republic (% Point) 3.7 Feb 2026 monthly Mar 1994 - Feb 2026
Denmark (% Point) -23.7 Feb 2026 monthly Jan 1986 - Feb 2026
Ecuador (% Point) -1.6 Jan 2026 monthly Feb 2011 - Jan 2026
Estonia (% Point) -1.0 Feb 2026 monthly May 2002 - Feb 2026
European Union (% Point) 2.4 Feb 2026 monthly Jan 1986 - Feb 2026
Finland (% Point) 9.7 Feb 2026 monthly Jan 1994 - Feb 2026
France (% Point) 9.7 Jan 2026 monthly Jan 1986 - Jan 2026
Georgia (% Point) 12.2 Mar 2026 quarterly Dec 2014 - Mar 2026
Germany (% Point) 10.4 Feb 2026 monthly Jan 1992 - Feb 2026
Ghana (%) 11.5 Dec 2025 monthly Dec 2013 - Dec 2025
Greece (% Point) -2.8 Jan 2026 monthly Jan 1986 - Jan 2026
Hong Kong SAR, China (% Point) 7.0 Mar 2026 quarterly Mar 2009 - Mar 2026
Hungary (% Point) 0.8 Feb 2026 monthly Jan 1997 - Feb 2026
Iceland (% Point) -129.4 Dec 2025 quarterly Dec 2003 - Dec 2025
India (% Point) 2.8 Mar 2026 quarterly Jun 2001 - Mar 2026
Indonesia (% Point) 3.0 Mar 2026 quarterly Mar 2011 - Mar 2026
Israel (% Point) -6.8 Feb 2026 monthly Jan 2016 - Feb 2026
Italy (% Point) 1.7 Feb 2026 monthly Jan 1986 - Feb 2026
Japan (% Point) 3.0 Mar 2026 quarterly Mar 2005 - Mar 2026
Kazakhstan (% Point) 1.0 Dec 2024 quarterly Mar 2009 - Dec 2024
South Korea (% Point) 8.0 Mar 2026 monthly Feb 2004 - Mar 2026
Latvia (% Point) 2.1 Nov 2025 monthly Apr 1994 - Nov 2025
Lithuania (% Point) 2.7 Feb 2026 monthly Apr 2004 - Feb 2026
Luxembourg (% Point) -14.3 Jan 2026 monthly Jan 1986 - Jan 2026
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Malta (% Point) 37.8 Jan 2026 monthly Nov 2003 - Jan 2026
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -4.6 Feb 2026 monthly Jan 2005 - Feb 2026
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 2.7 Jan 2026 monthly Jan 1986 - Jan 2026
New Zealand (% Point) 10.2 Oct 2025 monthly Aug 2003 - Oct 2025
Nigeria (% Point) 12.0 Jan 2026 monthly Jul 2015 - Jan 2026
Norway (% Point) 6.1 Nov 2025 monthly Feb 2005 - Nov 2025
Palestinian Territory (% Point) 3.9 Oct 2025 monthly Apr 2014 - Oct 2025
Peru (% Point) -8.7 Feb 2026 monthly Apr 2003 - Feb 2026
Philippines (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
Poland (% Point) 3.8 Nov 2025 monthly Jul 2006 - Nov 2025
Portugal (% Point) 3.3 Feb 2026 monthly Jan 1988 - Feb 2026
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) 0.4 Feb 2026 monthly Jul 1992 - Feb 2026
Russia (% Point) -4.0 Feb 2026 monthly Jan 2006 - Feb 2026
Serbia (% Point) -5.4 Jan 2026 monthly May 2014 - Jan 2026
Singapore (% Point) -0.2 Feb 2026 monthly Jan 2000 - Feb 2026
Slovakia (% Point) -0.3 Feb 2026 monthly Jan 1994 - Feb 2026
Slovenia (% Point) -1.3 Feb 2026 monthly May 1996 - Feb 2026
South Africa (% Point) 4.8 Feb 2026 monthly Sep 2000 - Feb 2026
Spain (% Point) 2.0 Nov 2025 monthly Jan 1994 - Nov 2025
Sri Lanka (% Point) 5.8 Oct 2025 monthly May 2016 - Oct 2025
Sweden (% Point) 5.4 Feb 2026 monthly Nov 1995 - Feb 2026
Switzerland (% Point) -4.0 Feb 2026 monthly Jan 1996 - Feb 2026
Taiwan, China (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 1.4 Feb 2026 monthly Feb 2000 - Feb 2026
Turkey (% Point) 1.3 Feb 2026 monthly Jan 2008 - Feb 2026
Ukraine (% Point) -2.1 Dec 2025 quarterly Sep 2013 - Dec 2025
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 4.8 Feb 2026 monthly Jan 1949 - Feb 2026
Uruguay (% Point) -6.8 Oct 2025 monthly Oct 1999 - Oct 2025

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Germany Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.7 Dec 2025 quarterly Dec 1991 - Dec 2025
Consolidated Fiscal Balance (USD mn) -59,276.118 Dec 2025 quarterly Mar 1991 - Dec 2025
Tax Revenue (USD mn) 314,507.152 Dec 2025 quarterly Mar 1991 - Dec 2025
Tax Revenue: % of GDP (%) 23.4 Dec 2025 quarterly Mar 1991 - Dec 2025
National Government Debt (USD mn) 3,271,285.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Government Debt: % of GDP (%) 63.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Forecast: Government Expenditure (EUR bn) 2,707.148 2030 yearly 1991 - 2030
Forecast: Government Net Debt (EUR bn) 3,815.153 2030 yearly 1991 - 2030
Forecast: Government Revenue (EUR bn) 2,497.167 2030 yearly 1991 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.600 2030 yearly 1980 - 2030
Trade Balance (USD mn) 24,932.5 Jan 2026 monthly Jan 1957 - Jan 2026
Total Exports (USD mn) 153,224.0 Jan 2026 monthly Jan 1957 - Jan 2026
Total Exports Growth (%) 0.6 Jan 2026 monthly Jan 1951 - Jan 2026
Aluminum: Exports (USD th) 11,279,159.417 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 70,970,902.063 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 54,214,028.985 2024 yearly 1995 - 2024
Total Imports (USD mn) 128,291.5 Jan 2026 monthly Jan 1957 - Jan 2026
Total Imports Growth (%) -4.0 Jan 2026 monthly Jan 1951 - Jan 2026
Imports: Medicament (USD th) 36,738,204.645 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 41,845,878.903 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 12,144.339 Dec 2025 monthly Sep 1977 - Dec 2025
Total Imports from USA (USD mn) 8,502.656 Jan 2026 monthly Jul 1990 - Jan 2026
Total Exports to China (USD mn) 7,884.906 Dec 2025 monthly Jan 2000 - Dec 2025
Total Imports from China (USD mn) 16,816.537 Dec 2025 monthly Jan 2000 - Dec 2025
Motor Vehicle Exports: Car (Unit) 225,300.000 Jan 2026 monthly Jul 2000 - Jan 2026
Exports: SITC: Machinery and Mechanical Appliances (EUR th) 20,254,846.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 16,753,710.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Vehicles, Motorcycles & Bicycles (EUR th) 10,099,717.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: SITC: Plastics & Articles Thereof (EUR th) 4,305,866.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 13,819,452.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Electrical Machinery, TV Image and Sound Reproducing (EUR th) 15,363,498.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Machinery and Mechanical Appliances (EUR th) 13,494,304.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: SITC: Iron & Steel (EUR th) 1,650,276.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Iron & Steel (EUR th) 1,543,474.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Mineral Fuels & Oils, Bituminous Substances (EUR th) 8,097,166.000 Dec 2025 monthly Jan 2008 - Dec 2025
Imports: SITC: Pharmaceutical Products (EUR th) 4,952,090.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: SITC: Pharmaceutical Products (EUR th) 8,193,489.000 Dec 2025 monthly Jan 2008 - Dec 2025
Exports: China (EUR th) 6,733,481.000 Dec 2025 monthly Jan 2000 - Dec 2025
Imports cif (EUR mn) 105,133.618 Jan 2026 monthly Jan 1950 - Jan 2026
Exports fob (EUR mn) 121,721.773 Jan 2026 monthly Jan 1950 - Jan 2026
Exports fob: YoY (%) 6.100 Dec 2025 monthly Jan 2001 - Dec 2025
Imports cif: YoY (%) 8.400 Dec 2025 monthly Jan 2001 - Dec 2025
Imports cif: swda (EUR bn) 109.240 Jan 2026 monthly Jan 1950 - Jan 2026
Trade Balance: swda (EUR bn) 21.230 Jan 2026 monthly Jan 1950 - Jan 2026
Exports fob: swda (EUR bn) 130.470 Jan 2026 monthly Jan 1950 - Jan 2026
Exports Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells asse... (EUR th) 21,668.000 Dec 2025 monthly Jan 2021 - Dec 2025
Imports Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes (... (EUR th) 58,699.000 Dec 2025 monthly Jan 2021 - Dec 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3,702.5 Dec 2025 monthly Jan 1971 - Dec 2025
Current Account Balance (USD mn) 12,178.4 Dec 2025 monthly Jan 1991 - Dec 2025
Current Account Balance: % of GDP (%) 3.1 Dec 2025 quarterly Mar 1991 - Dec 2025
Foreign Direct Investment (USD mn) -22,553.7 Dec 2025 monthly Jan 1971 - Dec 2025
Foreign Direct Investment: % of GDP (%) -0.4 Dec 2025 quarterly Mar 1991 - Dec 2025
Foreign Portfolio Investment (USD mn) 50,888.238 Dec 2025 quarterly Mar 1971 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 3.8 Dec 2025 quarterly Mar 1971 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -5,082.3 Sep 2025 quarterly Mar 1971 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 67,115.610 Dec 2025 quarterly Mar 1971 - Dec 2025
External Debt (USD mn) 7,965,114.8 Sep 2025 quarterly Jun 1999 - Sep 2025
External Debt: % of GDP (%) 147.6 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 2,905,517.9 Sep 2025 quarterly Mar 2004 - Sep 2025
External Debt: Short Term: % of GDP (%) 52.5 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 594.0 Sep 2025 quarterly Mar 1999 - Sep 2025
Forecast: Current Account Balance (USD bn) 253.996 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 4,118,779.652 Sep 2025 quarterly Dec 1957 - Sep 2025
Insolvency (IN): No of Proceedings (NP) (Unit) 9,700.000 Nov 2025 monthly Jan 2003 - Nov 2025
DE: BOP: Net Errors and Omissions (USD mn) 38,264.366 2024 yearly 1971 - 2024
DE: BOP: Financial Account: Portfolio Investment: Net (USD mn) 34,336.677 2024 yearly 1971 - 2024
DE: BOP: Current Account: Personal Remittances: Paid (USD mn) 23,662.388 2024 yearly 1971 - 2024
DE: BOP: Current Account: Personal Remittances: Received (USD mn) 21,225.006 2024 yearly 1971 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 2023 yearly 2005 - 2023
Household Debt: % of GDP (%) 48.9 Sep 2025 quarterly Dec 1991 - Sep 2025
Money Supply M1 (USD mn) 3,461,625.094 Jan 2026 monthly Jan 1957 - Jan 2026
Money Supply M2 (USD mn) 4,801,896.542 Jan 2026 monthly Jan 1969 - Jan 2026
M2 Growth (%) 4.0 Jan 2026 monthly Jan 1970 - Jan 2026
Reserve Requirement Ratio (%) 1.0 Dec 2025 monthly Jan 1999 - Dec 2025
Foreign Exchange Reserves (USD mn) 37,291.6 Jan 2026 monthly Jan 1957 - Jan 2026
Foreign Exchange Reserves: % of GDP (%) 0.713 Dec 2025 quarterly Dec 1991 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 0.3 Jan 2026 monthly Jan 1957 - Jan 2026
Gold Reserves (USD mn) 562,123.097 Feb 2026 monthly Dec 1998 - Feb 2026
Total Deposits (USD mn) 7,461,547.984 Jan 2026 monthly Sep 1997 - Jan 2026
Total Deposits Growth (%) 3.9 Jan 2026 monthly Sep 1998 - Jan 2026
Domestic Credit (USD mn) 0.0 May 2025 monthly Jan 1999 - May 2025
Domestic Credit Growth (%) -100.0 May 2025 monthly Jan 2000 - May 2025
Debt Service Ratio: Households (%) 5.400 Jun 2025 quarterly Mar 1999 - Jun 2025
Debt Service Ratio: Private Non-Financial Sector (%) 12.400 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 2,536.840 Jun 2025 quarterly Dec 1970 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 7,157.690 Jun 2025 quarterly Mar 1955 - Jun 2025
Household Debt (USD mn) 2,543,326.6 Sep 2025 quarterly Mar 1991 - Sep 2025
Total Loans (USD mn) 9,091,618.517 Jan 2026 monthly Jan 1957 - Jan 2026
Total Loans Growth (%) 3.05 Jan 2026 monthly Dec 1949 - Jan 2026
Private Debt: % of Nominal GDP (%) 72.67 Dec 2025 quarterly Dec 1991 - Dec 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 10.4 Feb 2026 monthly Jan 1992 - Feb 2026
Business Climate: Balance: sa: Manufacturing Industry (NA) -11.329 Feb 2026 monthly Jan 1991 - Feb 2026
Business Assessment: Balance: Manufacturing Industry (NA) -14.200 Feb 2026 monthly Jan 1991 - Feb 2026
Economic Expectation Indicator: Germany (%) 58.300 Feb 2026 monthly Dec 1991 - Feb 2026
Current Economic Situation Indicator: Germany: Balance (%) -65.900 Feb 2026 monthly Dec 1991 - Feb 2026
Leading Economic Index (2016=100) 89.200 Dec 2025 monthly Jan 1965 - Dec 2025

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