Business confidence; to sector/branches
| Sector/branches (SBI 2008) | Margins | Seasonal adjustment | Periods | Business confidence (Average of the components) | Business confidence indicator components Business situation past three months (%) | Business confidence indicator components Business situation next three months (%) | Uncertainty indicator business climate (%) |
|---|---|---|---|---|---|---|---|
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2025 October | -4.1 | -6.1 | -2.1 | . |
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2026 January* | -1.8 | -3.0 | -0.5 | . |
| All enterprises (no finance or energy) | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2025 October | -16.5 | -16.9 | -16.2 | 32.9 |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2026 January* | -20.6 | -22.4 | -18.8 | 27.6 |
| A Agriculture, forestry and fishing | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| B Mining and quarrying | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| B Mining and quarrying | Value | Seasonally adjusted data | 2025 October | 0.8 | 9.1 | -7.5 | 39.6 |
| B Mining and quarrying | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| B Mining and quarrying | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| B Mining and quarrying | Value | Seasonally adjusted data | 2026 January* | -13.3 | -25.9 | -0.8 | 32.7 |
| B Mining and quarrying | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2025 September | -3.0 | -4.8 | -1.1 | 9.9 |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2025 October | -3.4 | -5.1 | -1.6 | 10.9 |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2025 November | -0.1 | -3.2 | 2.9 | 10.4 |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2025 December | -3.6 | -6.2 | -1.1 | 11.3 |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2026 January* | -1.2 | -2.1 | -0.2 | 9.8 |
| C Industry, H-S services and 45+47 | Value | Seasonally adjusted data | 2026 February* | -3.0 | -3.9 | -2.0 | 9.1 |
| C Manufacturing | Value | Seasonally adjusted data | 2025 September | -3.8 | -4.9 | -2.7 | 22.7 |
| C Manufacturing | Value | Seasonally adjusted data | 2025 October | -3.7 | -6.0 | -1.4 | 26.6 |
| C Manufacturing | Value | Seasonally adjusted data | 2025 November | -1.1 | -0.3 | -2.0 | 25.7 |
| C Manufacturing | Value | Seasonally adjusted data | 2025 December | -3.9 | -5.5 | -2.3 | 25.9 |
| C Manufacturing | Value | Seasonally adjusted data | 2026 January* | -2.9 | -3.8 | -2.1 | 23.8 |
| C Manufacturing | Value | Seasonally adjusted data | 2026 February* | -3.4 | -7.2 | 0.5 | 24.7 |
| F Construction | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| F Construction | Value | Seasonally adjusted data | 2025 October | -3.4 | -6.2 | -0.7 | . |
| F Construction | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| F Construction | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| F Construction | Value | Seasonally adjusted data | 2026 January* | 1.1 | -0.5 | 2.6 | . |
| F Construction | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2025 October | -5.7 | -8.8 | -2.6 | 14.1 |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2026 January* | -0.6 | -2.5 | 1.4 | 12.3 |
| G Wholesale and retail trade | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2025 September | -2.1 | -11.0 | 6.7 | 18.6 |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2025 October | -5.8 | -10.7 | -1.0 | 21.1 |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2025 November | 2.6 | -2.3 | 7.5 | 14.4 |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2025 December | -7.3 | -13.9 | -0.7 | 26.4 |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2026 January* | 5.8 | 2.1 | 9.6 | 13.6 |
| 45 Sale and repair of motor vehicles | Value | Seasonally adjusted data | 2026 February* | 0.0 | -0.3 | 0.2 | 13.5 |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2025 September | . | . | . | . |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2025 October | -6.7 | -10.1 | -3.3 | 19.6 |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2025 November | . | . | . | . |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2025 December | . | . | . | . |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2026 January* | -3.9 | -6.5 | -1.3 | 18.9 |
| 46 Wholesale trade (no motor vehicles) | Value | Seasonally adjusted data | 2026 February* | . | . | . | . |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2025 September | -4.2 | -7.9 | -0.5 | 8.8 |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2025 October | -4.6 | -7.0 | -2.1 | 6.5 |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2025 November | 0.1 | -2.2 | 2.5 | 4.2 |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2025 December | -4.7 | -8.1 | -1.4 | 8.8 |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2026 January* | 1.4 | 0.6 | 2.2 | 4.9 |
| 47 Retail trade (not in motor vehicles) | Value | Seasonally adjusted data | 2026 February* | 1.4 | 1.3 | 1.5 | 0.5 |
| H-S Sevices | Value | Seasonally adjusted data | 2025 September | -2.4 | -3.6 | -1.1 | 4.7 |
| H-S Sevices | Value | Seasonally adjusted data | 2025 October | -2.8 | -4.0 | -1.7 | 5.2 |
| H-S Sevices | Value | Seasonally adjusted data | 2025 November | 0.0 | -4.7 | 4.7 | 5.6 |
| H-S Sevices | Value | Seasonally adjusted data | 2025 December | -3.1 | -5.6 | -0.5 | 5.3 |
| H-S Sevices | Value | Seasonally adjusted data | 2026 January* | -1.5 | -2.4 | -0.6 | 5.3 |
| H-S Sevices | Value | Seasonally adjusted data | 2026 February* | -4.0 | -4.0 | -4.0 | 4.8 |
| H Transportation and storage | Value | Seasonally adjusted data | 2025 September | -3.3 | -2.4 | -4.1 | 20.0 |
| H Transportation and storage | Value | Seasonally adjusted data | 2025 October | -3.3 | 0.8 | -7.3 | 20.6 |
| H Transportation and storage | Value | Seasonally adjusted data | 2025 November | 3.0 | -6.8 | 12.7 | 19.5 |
| H Transportation and storage | Value | Seasonally adjusted data | 2025 December | -7.3 | -13.3 | -1.4 | 18.7 |
| H Transportation and storage | Value | Seasonally adjusted data | 2026 January* | -4.7 | -5.5 | -3.9 | 19.4 |
| H Transportation and storage | Value | Seasonally adjusted data | 2026 February* | -4.1 | -2.9 | -5.3 | 19.9 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2025 September | -9.9 | -14.5 | -5.3 | 7.3 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2025 October | -9.6 | -13.2 | -5.9 | 8.4 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2025 November | -13.6 | -20.2 | -7.1 | 7.6 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2025 December | -11.6 | -12.5 | -10.7 | 11.5 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2026 January* | -12.0 | -13.8 | -10.2 | 5.0 |
| I Accommodation and food serving | Value | Seasonally adjusted data | 2026 February* | -17.8 | -20.2 | -15.4 | 7.1 |
| J Information and communication | Value | Seasonally adjusted data | 2025 September | 2.9 | 1.4 | 4.4 | 1.6 |
| J Information and communication | Value | Seasonally adjusted data | 2025 October | 1.8 | -2.1 | 5.7 | -1.6 |
| J Information and communication | Value | Seasonally adjusted data | 2025 November | 7.6 | 1.2 | 14.0 | 4.8 |
| J Information and communication | Value | Seasonally adjusted data | 2025 December | 1.4 | 0.0 | 2.8 | 1.1 |
| J Information and communication | Value | Seasonally adjusted data | 2026 January* | 9.2 | 8.4 | 10.0 | 2.6 |
| J Information and communication | Value | Seasonally adjusted data | 2026 February* | 1.3 | 1.5 | 1.2 | 1.6 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2025 September | -5.2 | -4.0 | -6.5 | -6.7 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2025 October | -8.7 | -10.6 | -6.7 | -5.1 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2025 November | -4.9 | -5.4 | -4.5 | -10.5 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2025 December | -3.7 | -3.1 | -4.2 | -7.0 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2026 January* | -3.5 | -6.0 | -1.0 | -4.1 |
| L Renting, buying, selling real estate | Value | Seasonally adjusted data | 2026 February* | -6.1 | -7.0 | -5.2 | -1.2 |
| M-N Business services | Value | Seasonally adjusted data | 2025 September | -0.8 | -1.9 | 0.3 | -1.6 |
| M-N Business services | Value | Seasonally adjusted data | 2025 October | -1.2 | -2.9 | 0.5 | 0.5 |
| M-N Business services | Value | Seasonally adjusted data | 2025 November | 0.9 | -0.4 | 2.1 | 0.0 |
| M-N Business services | Value | Seasonally adjusted data | 2025 December | 0.3 | -2.3 | 2.8 | -0.2 |
| M-N Business services | Value | Seasonally adjusted data | 2026 January* | 0.3 | -0.6 | 1.3 | 0.6 |
| M-N Business services | Value | Seasonally adjusted data | 2026 February* | 0.0 | 0.3 | -0.4 | -1.3 |
| M Other specialised business services | Value | Seasonally adjusted data | 2025 September | 1.6 | 0.3 | 2.9 | -5.0 |
| M Other specialised business services | Value | Seasonally adjusted data | 2025 October | 0.5 | -1.7 | 2.6 | -3.5 |
| M Other specialised business services | Value | Seasonally adjusted data | 2025 November | 3.7 | 2.0 | 5.4 | -4.2 |
| M Other specialised business services | Value | Seasonally adjusted data | 2025 December | 2.3 | -1.2 | 5.9 | -3.7 |
| M Other specialised business services | Value | Seasonally adjusted data | 2026 January* | 0.3 | 1.1 | -0.5 | -3.8 |
| M Other specialised business services | Value | Seasonally adjusted data | 2026 February* | 1.2 | 2.8 | -0.4 | -3.8 |
| N Renting and other business support | Value | Seasonally adjusted data | 2025 September | -4.3 | -5.1 | -3.5 | 3.1 |
| N Renting and other business support | Value | Seasonally adjusted data | 2025 October | -3.5 | -4.5 | -2.4 | 6.0 |
| N Renting and other business support | Value | Seasonally adjusted data | 2025 November | -3.1 | -3.6 | -2.6 | 5.9 |
| N Renting and other business support | Value | Seasonally adjusted data | 2025 December | -2.6 | -3.7 | -1.4 | 4.6 |
| N Renting and other business support | Value | Seasonally adjusted data | 2026 January* | 0.4 | -3.0 | 3.9 | 6.7 |
| N Renting and other business support | Value | Seasonally adjusted data | 2026 February* | -1.8 | -3.2 | -0.5 | 2.2 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2025 September | -1.8 | -2.7 | -0.8 | 5.6 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2025 October | -4.6 | -6.1 | -3.0 | 6.8 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2025 November | 1.9 | -1.5 | 5.3 | 5.2 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2025 December | 3.0 | 2.5 | 3.6 | 3.1 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2026 January* | -1.1 | -0.3 | -1.9 | 1.7 |
| R Culture, sports and recreation | Value | Seasonally adjusted data | 2026 February* | -5.1 | -7.8 | -2.4 | 0.7 |
| S Other service activities | Value | Seasonally adjusted data | 2025 September | -3.2 | -5.0 | -1.4 | -13.2 |
| S Other service activities | Value | Seasonally adjusted data | 2025 October | -2.1 | -3.2 | -1.1 | -17.3 |
| S Other service activities | Value | Seasonally adjusted data | 2025 November | 0.8 | 1.9 | -0.4 | -12.0 |
| S Other service activities | Value | Seasonally adjusted data | 2025 December | -5.2 | -4.0 | -6.3 | -15.1 |
| S Other service activities | Value | Seasonally adjusted data | 2026 January* | -4.3 | -0.2 | -8.5 | -5.8 |
| S Other service activities | Value | Seasonally adjusted data | 2026 February* | -5.5 | -2.5 | -8.5 | -9.6 |
| Source: CBS. | |||||||
Table explanation
The Business confidence is a sentiment indicator for the Dutch private sector. When assessing the results, it can be assumed that the more optimistic or pessimistic the entrepreneurs are, the more the value of business confidence will deviate positively or negatively from the zero line.
The Business confidence in the total Dutch private sector is a weighted average of the confidence indicators of the underlying sectors/industries, which together form a representative reflection of the Dutch business community from an economic viewpoint.
The Business confidence for manufacturing industry is not the same as the Producer Confidence. These figures are available in the Producer confidence table.
Data available from: January 2012.
Status of the figures:
The results are provisional during the reporting year. The results will be declared final in the first month following the reporting year.
Changes compared to the previous version:
Data for a new period has been added.
Seasonally adjusted results for all periods before January 2026 have been re-adjusted. This is in line with the new method, where the results are only finalized after seasonal adjustment has been performed based on results over a full number of years.
When will new figures be published?
The results for the next month are expected to be published on March 30, 2026.
Description topics
- Business confidence
- Sentiment indicator for the Dutch private sector
- Business confidence indicator components
- Business situation past three months
- Weighted and seasonally adjusted percentage to the question: how has your business situation developed over the past 3 months? It has… improved/remained unchanged/deteriorated.
- Business situation next three months
- Weighted and seasonally adjusted percentage to the question: how do you expect your business situation to develop over the next 3 months? It will… improve/remain unchanged/deteriorate.
- Uncertainty indicator business climate
- Weighted and seasonally adjusted percentage to the question: ‘The future development of your business situation is currently: easy to predict/moderately easy to predict/moderately difficult to predict/difficult to predict’.