The KOF Economic Barometer in Switzerland rose 4.4 points from a month earlier to 97.4 in March 2019, the highest level since November and well above market expectations of 93.9. This was predominantly due to positive impulses from the manufacturing industry, mostly driven by the electrical industry, followed by the metal industry, mechanical engineering and the textile industry. However, the recovery also extended to the other components of the barometer. Business Confidence in Switzerland averaged 100.56 Index Points from 1991 until 2019, reaching an all time high of 119.30 Index Points in November of 2009 and a record low of 71.80 Index Points in December of 2008.

Business Confidence in Switzerland is expected to be 96.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Switzerland to stand at 105.00 in 12 months time. In the long-term, the Switzerland Business Confidence is projected to trend around 101.00 Index Points in 2020, according to our econometric models.

Switzerland Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-28 08:00 AM KOF Leading Indicators 96.3 98.9 98.7 100.5
2019-01-30 08:00 AM KOF Leading Indicators 95.0 96.4 97 96.9
2019-02-28 08:00 AM KOF Leading Indicators 92.4 96.2 95.4 96.1
2019-03-29 08:00 AM KOF Leading Indicators 97.4 93.0 93.9 96.5
2019-04-30 07:00 AM KOF Leading Indicators 97.4
2019-05-29 07:00 AM KOF Leading Indicators
2019-06-28 07:00 AM KOF Leading Indicators 102.5


Switzerland Business Last Previous Highest Lowest Unit
Business Confidence 97.40 93.00 119.30 71.80 Index Points [+]
Manufacturing PMI 50.30 55.40 66.90 32.80 [+]
Industrial Production 5.10 0.80 12.30 -10.60 percent [+]
Manufacturing Production 5.70 0.90 12.80 -11.60 percent [+]
Capacity Utilization 84.29 84.70 90.00 75.04 percent [+]
Factory Orders 11.40 11.20 17.10 -24.00 percent [+]
Changes in Inventories -2642.00 -305.90 4314.50 -4257.30 CHF Million [+]
Bankruptcies 13257.00 12927.00 13257.00 3040.00 Companies and Individuals [+]
Car Registrations 24.77 25.10 37.56 1.96 Thousand [+]
Internet Speed 21683.45 21238.67 21683.45 4380.25 KBps [+]
IP Addresses 3855605.00 3760263.00 3855605.00 1700696.00 IP [+]
Zew Economic Sentiment Index -26.90 -16.60 65.00 -91.10 [+]
Mining Production -6.00 -4.50 19.80 -24.60 percent [+]
Competitiveness Index 82.59 82.37 82.59 5.54 Points [+]
Competitiveness Rank 4.00 4.00 4.00 1.00 [+]
Ease of Doing Business 38.00 33.00 38.00 19.00 [+]
Corruption Index 85.00 85.00 91.00 84.00 Points [+]
Corruption Rank 3.00 3.00 12.00 3.00 [+]


Switzerland Business Confidence

In Switzerland, the KOF Swiss Economic Institute economic barometer measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. The KOF economic barometer is based on a multi-sectoral design with three modules. The 2014 version comprises 219 indicator variables, which are combined based on statistically determined weights. The most important module is GDP, which excludes construction and banking sectors and accounts for more than 90% of Swiss GDP. This page provides the latest reported value for - Switzerland Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Business Confidence - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
97.40 93.00 119.30 71.80 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 0.00 Mar/19
Brazil 58.40 Apr/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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