Germany Zew Economic Sentiment Index

Last Release

Jan 31, 2025

Actual

10.3

Units In

N/A

15.7

Frequency

Monthly

Next Release

Feb 18, 2025

Time to Release

26 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
89.6 Jan 2000	-63.9 Jul 2008	20.91	1991-2025	Centre for European Economic Research (ZEW)

In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.

Latest Updates

The ZEW Indicator of Economic Sentiment for Germany fell to 10.3 in January 2025 from 15.7 in December, and well below forecasts of 15.3, as the German economy contracted for a second year in a row in 2024 and as inflationary pressures are rising. "A lack of private household spending and subdued demand in the construction sector continue to stall the German economy. If these trends continue in the current year, Germany will fall further behind the other countries of the Eurozone. There is also greater political uncertainty, driven by a potentially difficult coalition-building process in Germany and the unpredictability of the economic policy pursued by the new Trump administration", according to ZEW President Prof. Achim Wambach. Meanwhile, the assessment of the current economic situation in Germany edged up to -90.4 from -93.1.