Business confidence; to sector/branches

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 2023 October -10.3 -12.5 -8.0 .
All enterprises (no finance or energy) Value Seasonally adjusted data 2023 November . . . .
All enterprises (no finance or energy) Value Seasonally adjusted data 2023 December . . . .
All enterprises (no finance or energy) Value Seasonally adjusted data 2024 January -7.7 -10.7 -4.6 .
All enterprises (no finance or energy) Value Seasonally adjusted data 2024 February . . . .
All enterprises (no finance or energy) Value Seasonally adjusted data 2024 March . . . .
A Agriculture, forestry and fishing Value Seasonally adjusted data 2023 October -18.3 -22.8 -13.8 34.5
A Agriculture, forestry and fishing Value Seasonally adjusted data 2023 November . . . .
A Agriculture, forestry and fishing Value Seasonally adjusted data 2023 December . . . .
A Agriculture, forestry and fishing Value Seasonally adjusted data 2024 January -16.9 -22.1 -11.8 31.7
A Agriculture, forestry and fishing Value Seasonally adjusted data 2024 February . . . .
A Agriculture, forestry and fishing Value Seasonally adjusted data 2024 March . . . .
B Mining and quarrying Value Seasonally adjusted data 2023 October -2.4 -3.1 -1.8 32.5
B Mining and quarrying Value Seasonally adjusted data 2023 November . . . .
B Mining and quarrying Value Seasonally adjusted data 2023 December . . . .
B Mining and quarrying Value Seasonally adjusted data 2024 January -28.9 -47.9 -9.8 33.9
B Mining and quarrying Value Seasonally adjusted data 2024 February . . . .
B Mining and quarrying Value Seasonally adjusted data 2024 March . . . .
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2023 October -7.6 -9.0 -6.3 12.7
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2023 November -6.3 -9.1 -3.6 13.2
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2023 December -7.6 -10.0 -5.2 12.5
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2024 January -5.5 -8.3 -2.8 11.2
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2024 February -4.0 -7.2 -0.9 10.3
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2024 March -4.8 -6.8 -2.7 10.3
C Manufacturing Value Seasonally adjusted data 2023 October -13.0 -14.2 -11.8 26.8
C Manufacturing Value Seasonally adjusted data 2023 November -9.3 -11.8 -6.7 25.7
C Manufacturing Value Seasonally adjusted data 2023 December -14.1 -19.4 -8.7 25.7
C Manufacturing Value Seasonally adjusted data 2024 January -7.1 -10.2 -4.1 24.4
C Manufacturing Value Seasonally adjusted data 2024 February -8.8 -12.3 -5.3 24.5
C Manufacturing Value Seasonally adjusted data 2024 March -8.8 -14.0 -3.5 23.5
F Construction Value Seasonally adjusted data 2023 October -23.9 -29.4 -18.4 .
F Construction Value Seasonally adjusted data 2023 November . . . .
F Construction Value Seasonally adjusted data 2023 December . . . .
F Construction Value Seasonally adjusted data 2024 January -15.9 -18.8 -13.0 .
F Construction Value Seasonally adjusted data 2024 February . . . .
F Construction Value Seasonally adjusted data 2024 March . . . .
G Wholesale and retail trade Value Seasonally adjusted data 2023 October -9.8 -13.3 -6.4 14.8
G Wholesale and retail trade Value Seasonally adjusted data 2023 November . . . .
G Wholesale and retail trade Value Seasonally adjusted data 2023 December . . . .
G Wholesale and retail trade Value Seasonally adjusted data 2024 January -8.3 -12.5 -4.2 13.1
G Wholesale and retail trade Value Seasonally adjusted data 2024 February . . . .
G Wholesale and retail trade Value Seasonally adjusted data 2024 March . . . .
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2023 October -14.8 -15.0 -14.6 23.0
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2023 November -9.3 -14.1 -4.6 22.8
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2023 December -13.0 -15.3 -10.8 24.2
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2024 January -21.5 -26.3 -16.7 20.2
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2024 February -7.1 -6.7 -7.6 17.1
45 Sale and repair of motor vehicles Value Seasonally adjusted data 2024 March -6.0 -10.4 -1.6 20.0
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2023 October -8.3 -11.9 -4.7 19.2
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2023 November . . . .
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2023 December . . . .
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2024 January -8.3 -13.1 -3.5 17.8
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2024 February . . . .
46 Wholesale trade (no motor vehicles) Value Seasonally adjusted data 2024 March . . . .
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2023 October -10.4 -14.4 -6.3 8.2
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2023 November -7.0 -11.1 -2.9 6.1
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2023 December -8.8 -11.3 -6.4 7.7
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2024 January -5.4 -8.7 -2.1 6.4
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2024 February -3.6 -4.9 -2.3 9.4
47 Retail trade (not in motor vehicles) Value Seasonally adjusted data 2024 March -6.6 -5.2 -8.1 6.5
H-S Sevices Value Seasonally adjusted data 2023 October -4.5 -5.3 -3.8 7.8
H-S Sevices Value Seasonally adjusted data 2023 November -4.9 -7.3 -2.5 9.7
H-S Sevices Value Seasonally adjusted data 2023 December -4.5 -5.8 -3.3 8.0
H-S Sevices Value Seasonally adjusted data 2024 January -4.1 -6.5 -1.8 6.8
H-S Sevices Value Seasonally adjusted data 2024 February -2.2 -5.8 1.5 4.7
H-S Sevices Value Seasonally adjusted data 2024 March -2.8 -4.2 -1.3 5.6
H Transportation and storage Value Seasonally adjusted data 2023 October -8.4 -13.0 -3.8 25.1
H Transportation and storage Value Seasonally adjusted data 2023 November -8.5 -15.4 -1.6 28.2
H Transportation and storage Value Seasonally adjusted data 2023 December -8.6 -13.8 -3.5 23.3
H Transportation and storage Value Seasonally adjusted data 2024 January -13.7 -13.4 -14.0 20.1
H Transportation and storage Value Seasonally adjusted data 2024 February -3.9 -9.5 1.6 19.6
H Transportation and storage Value Seasonally adjusted data 2024 March -5.6 -5.1 -6.0 26.3
I Accommodation and food serving Value Seasonally adjusted data 2023 October -13.1 -12.2 -13.9 13.1
I Accommodation and food serving Value Seasonally adjusted data 2023 November -19.1 -19.5 -18.7 14.0
I Accommodation and food serving Value Seasonally adjusted data 2023 December -16.8 -14.0 -19.5 16.9
I Accommodation and food serving Value Seasonally adjusted data 2024 January -13.5 -14.9 -12.1 14.9
I Accommodation and food serving Value Seasonally adjusted data 2024 February -13.5 -20.0 -7.1 14.3
I Accommodation and food serving Value Seasonally adjusted data 2024 March -11.3 -11.2 -11.4 11.7
J Information and communication Value Seasonally adjusted data 2023 October 2.9 7.4 -1.6 -1.6
J Information and communication Value Seasonally adjusted data 2023 November -1.1 -2.4 0.3 3.0
J Information and communication Value Seasonally adjusted data 2023 December 2.8 0.4 5.1 -0.3
J Information and communication Value Seasonally adjusted data 2024 January 2.3 -0.1 4.7 1.6
J Information and communication Value Seasonally adjusted data 2024 February 5.0 -0.2 10.3 -3.6
J Information and communication Value Seasonally adjusted data 2024 March 1.5 -2.0 5.0 -6.0
L Renting, buying, selling real estate Value Seasonally adjusted data 2023 October -7.1 -9.9 -4.3 3.3
L Renting, buying, selling real estate Value Seasonally adjusted data 2023 November -12.2 -11.9 -12.5 3.7
L Renting, buying, selling real estate Value Seasonally adjusted data 2023 December -9.2 -9.8 -8.6 4.0
L Renting, buying, selling real estate Value Seasonally adjusted data 2024 January -8.1 -8.8 -7.4 1.8
L Renting, buying, selling real estate Value Seasonally adjusted data 2024 February -7.8 -4.4 -11.3 4.1
L Renting, buying, selling real estate Value Seasonally adjusted data 2024 March -8.8 -8.2 -9.3 0.7
M-N Business services Value Seasonally adjusted data 2023 October -2.3 -3.9 -0.6 1.3
M-N Business services Value Seasonally adjusted data 2023 November 1.2 -0.9 3.3 2.0
M-N Business services Value Seasonally adjusted data 2023 December -1.0 -1.8 -0.1 0.4
M-N Business services Value Seasonally adjusted data 2024 January 1.6 -3.0 6.3 0.4
M-N Business services Value Seasonally adjusted data 2024 February 0.3 -1.8 2.3 -2.2
M-N Business services Value Seasonally adjusted data 2024 March 0.7 -1.8 3.2 -1.7
R Culture, sports and recreation Value Seasonally adjusted data 2023 October 0.1 2.0 -1.8 14.6
R Culture, sports and recreation Value Seasonally adjusted data 2023 November -2.8 1.0 -6.6 17.1
R Culture, sports and recreation Value Seasonally adjusted data 2023 December -0.3 0.6 -1.1 13.8
R Culture, sports and recreation Value Seasonally adjusted data 2024 January -2.4 -2.3 -2.6 4.4
R Culture, sports and recreation Value Seasonally adjusted data 2024 February 0.2 -1.0 1.3 1.9
R Culture, sports and recreation Value Seasonally adjusted data 2024 March -2.2 -4.2 -0.3 5.6
S Other service activities Value Seasonally adjusted data 2023 October -14.7 -18.0 -11.4 -5.3
S Other service activities Value Seasonally adjusted data 2023 November -8.4 -12.8 -3.9 -5.7
S Other service activities Value Seasonally adjusted data 2023 December -6.3 -3.7 -9.0 0.3
S Other service activities Value Seasonally adjusted data 2024 January -1.5 -0.9 -2.1 -5.9
S Other service activities Value Seasonally adjusted data 2024 February -3.0 -0.4 -5.5 -5.0
S Other service activities Value Seasonally adjusted data 2024 March -4.3 -3.6 -5.0 -2.4
Source: CBS.
Explanation of symbols

Dataset is not available.


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.

Changes as of March 28th 2024:
Figures of March 2024 have been added.

An improvement has been made to the calculation of the margins. This may result in a small change in the upper and lower limit of the margin. The values are unchanged.

From now on figures will be labeled as seasonally adjusted or original, even if the table only contains one of these data types.

Data from October 2023 for sector F Construction has been corrected, which has led to small changes in all aggregations that include this sector for that period.

When will new figures be published?
Figures of April are expected to be published the 16th of May 2024.

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’.