Spain Business Confidence
Spain's business confidence increased by 14.9 percent to -5.7 points in September 2025, up from -6.7 points in August 2025. This improvement stems from the services sector's sustained growth, fueled by robust demand allowing price increases. The manufacturing sector also expanded at its fastest pace in ten months in August, driven by domestic demand. Easing inflation in early September provided greater cost certainty and boosted business outlooks. Spain's record low business confidence was -35.8 points in April 2020 and record high was 9.5 points in February 2022.
Monthly Historical Data (2015-2025)
(in points)Recent Events
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Spain Business Confidence : Definition
Spain business confidence measures Spanish firms' sentiment about the economy. It is calculated from survey responses assessing current conditions and future expectations for production orders and employment. The indicator is derived by subtracting the percentage of negative assessments from positive ones, yielding a net balance.