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 (%)
S Other service activities Value Seasonally adjusted data 2023 April -4.4 -6.7 -2.2 -0.8
S Other service activities Value Seasonally adjusted data 2023 May -6.5 -9.5 -3.5 -2.1
S Other service activities Value Seasonally adjusted data 2023 June -7.5 -7.2 -7.7 -1.4
S Other service activities Value Seasonally adjusted data 2023 July -10.4 -10.6 -10.2 -1.5
S Other service activities Value Seasonally adjusted data 2023 August -11.4 -10.2 -12.6 -1.4
S Other service activities Value Seasonally adjusted data 2023 September -11.1 -13.3 -9.0 -4.4
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
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 April -11.7 -14.7 -10.2 -11.6
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 May -12.4 -15.8 -10.0 -12.3
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 June -13.6 -14.3 -14.0 -12.0
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 July -16.7 -17.9 -17.3 -12.5
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 August -18.3 -17.3 -20.2 -13.9
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 September -18.0 -21.3 -16.4 -16.7
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 October -23.3 -27.4 -21.4 -17.1
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 November -14.5 -20.1 -11.3 -15.9
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2023 December -12.6 -11.1 -16.6 -10.5
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2024 January -8.4 -8.2 -9.5 -15.9
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2024 February -9.5 -8.0 -11.8 -14.8
S Other service activities Lower bound 95% confidence interval Seasonally adjusted data 2024 March -10.6 -10.5 -11.3 -11.6
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 April 2.9 1.3 5.8 10.0
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 May -0.6 -3.2 3.0 8.1
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 June -1.4 -0.1 -1.4 9.2
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 July -4.1 -3.3 -3.1 9.5
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 August -4.5 -3.1 -5.0 11.1
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 September -4.2 -5.3 -1.6 7.9
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 October -6.1 -8.6 -1.4 6.5
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 November -2.3 -5.5 3.5 4.5
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2023 December 0.0 3.7 -1.4 11.1
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2024 January 5.4 6.4 5.3 4.1
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2024 February 3.5 7.2 0.8 4.8
S Other service activities Upper bound 95% confidence interval Seasonally adjusted data 2024 March 2.0 3.3 1.3 6.8
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’.