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 (%)
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 January -5.3 -8.6 -2.1 10.1
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 February -5.0 -4.6 -5.5 10.0
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 March -6.3 -6.5 -6.1 9.8
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 April -6.6 -5.9 -7.3 12.5
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 May -6.6 -8.3 -5.0 12.2
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 June -5.6 -7.4 -3.9 11.2
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 July -3.0 -4.6 -1.5 9.5
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 August -2.1 -4.4 0.2 10.1
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 September -2.6 -4.5 -0.7 9.9
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 October -3.3 -5.1 -1.6 10.9
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 November 0.5 -2.9 3.9 10.4
C Industry, H-S services and 45+47 Value Seasonally adjusted data 2025 December -3.5 -6.1 -0.9 11.3
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 January -6.7 -10.2 -3.5 7.9
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 February -6.2 -6.2 -6.9 8.0
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 March -7.7 -8.1 -7.7 7.8
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 April -7.8 -7.3 -8.7 10.3
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 May -7.8 -9.9 -6.4 10.2
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 June -7.0 -9.0 -5.3 9.0
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 July -4.2 -6.0 -2.9 7.5
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 August -3.3 -5.8 -1.2 8.1
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 September -3.8 -6.1 -2.1 7.9
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 October -4.5 -6.5 -3.0 8.9
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 November -0.7 -4.5 2.5 8.4
C Industry, H-S services and 45+47 Lower bound 95% confidence interval Seasonally adjusted data 2025 December -4.7 -7.5 -2.3 9.3
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 January -3.9 -7.0 -0.7 12.3
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 February -3.8 -3.0 -4.1 12.0
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 March -4.9 -4.9 -4.5 11.8
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 April -5.4 -4.5 -5.9 14.7
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 May -5.4 -6.7 -3.6 14.2
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 June -4.2 -5.8 -2.5 13.4
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 July -1.8 -3.2 -0.1 11.5
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 August -0.9 -3.0 1.6 12.1
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 September -1.4 -2.9 0.7 11.9
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 October -2.1 -3.7 -0.2 12.9
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 November 1.7 -1.3 5.3 12.4
C Industry, H-S services and 45+47 Upper bound 95% confidence interval Seasonally adjusted data 2025 December -2.3 -4.7 0.5 13.3
Source: CBS.
Explanation of symbols

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.

Changes as of December 29th 2025:
Figures of December 2025 have been added.

When will new figures be published?
Figures of January 2026 are expected to be published the 5th of February 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’.