Business confidence by country
Every economy Bullrun holds a reading for: 42 in all, ranked highest first. New Zealand is the highest at 102.8 and Ireland the lowest at 95.7; the median is 100.0. Each row carries its own period and source, because these providers publish on different calendars - two rows in this table can be more than a year apart.
- Economies covered42
- Highest102.8 New Zealand
- Lowest95.7 Ireland
- Median100.0
Business confidence by country, ranked
| # | Economy | Business confidence | Band | Period | Source |
|---|---|---|---|---|---|
| 1 | New Zealand | 102.8 | Well above average | 2026-09 | OECD |
| 2 | Israel | 101.8 | Well above average | 2026-09 | OECD |
| 3 | Japan | 101.7 | Well above average | 2026-09 | OECD |
| 4 | United Kingdom | 101.7 | Well above average | 2026-10 | OECD |
| 5 | Spain | 101.6 | Well above average | 2026-10 | OECD |
| 6 | Greece | 101.5 | Well above average | 2026-10 | OECD |
| 7 | Latvia | 101.4 | Above average | 2026-10 | OECD |
| 8 | Sweden | 101.3 | Above average | 2026-10 | OECD |
| 9 | Lithuania | 101.2 | Above average | 2026-10 | OECD |
| 10 | Netherlands | 101.0 | Above average | 2026-10 | OECD |
| 11 | France | 101.0 | Above average | 2026-10 | OECD |
| 12 | Switzerland | 101.0 | Above average | 2026-09 | OECD |
| 13 | Costa Rica | 101.0 | Above average | 2026-08 | OECD |
| 14 | Colombia | 100.9 | Above average | 2026-09 | OECD |
| 15 | Italy | 100.6 | Above average | 2026-10 | OECD |
| 16 | United States | 100.5 | Above average | 2026-10 | OECD |
| 17 | Finland | 100.3 | Above average | 2026-10 | OECD |
| 18 | Luxembourg | 100.3 | Above average | 2026-10 | OECD |
| 19 | Norway | 100.1 | Above average | 2026-09 | OECD |
| 20 | Germany | 100.1 | Above average | 2026-10 | OECD |
| 21 | Slovenia | 100.0 | Just below average | 2026-10 | OECD |
| 22 | Australia | 99.9 | Just below average | 2026-08 | OECD |
| 23 | Belgium | 99.8 | Just below average | 2026-10 | OECD |
| 24 | Portugal | 99.8 | Just below average | 2026-10 | OECD |
| 25 | Hungary | 99.8 | Just below average | 2026-10 | OECD |
| 26 | South Korea | 99.6 | Just below average | 2026-10 | OECD |
| 27 | Poland | 99.6 | Just below average | 2026-10 | OECD |
| 28 | Canada | 99.6 | Just below average | 2026-07 | OECD |
| 29 | South Africa | 99.5 | Just below average | 2026-09 | OECD |
| 30 | Austria | 99.4 | Just below average | 2026-10 | OECD |
| 31 | Turkey | 99.2 | Just below average | 2026-10 | OECD |
| 32 | Denmark | 99.2 | Just below average | 2026-10 | OECD |
| 33 | Indonesia | 99.0 | Just below average | 2026-09 | OECD |
| 34 | Chile | 98.9 | Below average | 2026-10 | OECD |
| 35 | Brazil | 98.9 | Below average | 2026-10 | OECD |
| 36 | Mexico | 98.4 | Below average | 2026-10 | OECD |
| 37 | China | 98.3 | Below average | 2026-10 | OECD |
| 38 | Czechia | 98.3 | Below average | 2026-10 | OECD |
| 39 | Slovakia | 98.0 | Below average | 2026-10 | OECD |
| 40 | Estonia | 96.7 | Well below average | 2026-04 | OECD |
| 41 | India | 95.9 | Well below average | 2026-05 | OECD |
| 42 | Ireland | 95.7 | Well below average | 2026-10 | OECD |
How the scale reads
| Band | What it means | Economies |
|---|---|---|
| < 97 | Well below average - against this country's own long-run average, which is what 100 means | 3 |
| 97 to 99 | Below average | 6 |
| 99 to 100 | Just below average | 13 |
| 100 to 101.5 | Above average | 14 |
| 101.5+ | Well above average | 6 |
These are the same bands that shade the map on the Global Markets dashboard, so a country's colour there and its band here always agree.
What this measures
Business confidence for 42 economies, as the OECD's amplitude-adjusted index where 100 is that country's OWN long-run average - so the numbers are already comparable across countries without a second normalisation, and the whole cross-section packs into roughly 95 to 104. This is soft data: it moves before output does, which is the point of watching it, but it measures sentiment rather than activity.
Source: OECD composite leading indicators, monthly. Coverage differs from metric to metric because these providers cover different sets of economies, and a gap is left as a gap rather than filled from a proxy - an absent economy is one we hold no reading for, never a zero. See the data license.
Other metrics by country
Global markets dashboard · Every economy scored · Screen stocks by country