| August 2024 | SME sentiment: a bit of light and still a lot of darkness(PDF, 127 KB, accessible)
Basic data set August 2024(XLSX, 165 KB, accessible) |
|---|
| July 2024 | SME business sentiment: A summer lull or a reversed upswing?(PDF, 177 KB, accessible)
Basic data set July 2024(XLSX, 164 KB, accessible) |
|---|
| June 2024 | SME business sentiment drops for the second consecutive month(PDF, 181 KB, accessible)
Basic data set June 2024(XLSX, 164 KB, accessible) |
|---|
| May 2024 | SMEs are slightly more confident as optimism rises(PDF, 178 KB, accessible)
Basic data set May 2024(XLSX, 165 KB, accessible) |
|---|
| April 2024 | Business sentiment: SMEs have some hope again(PDF, 165 KB, accessible)
Basic data set April 2024(XLSX, 162 KB, accessible) |
|---|
| March 2024 | SMEs feel a hint of spring in the air(PDF, 192 KB, accessible)
Basic data set March 2024(XLSX, 163 KB, accessible) |
|---|
| February 2024 | SME business confidence remains in the doldrums(PDF, 184 KB, accessible)
Basic data set February 2024(XLSX, 160 KB, accessible) |
|---|
| January 2024 | SMEs start the new year with subdued sentiment(PDF, 188 KB, accessible)
Basic data set January 2024(XLSX, 164 KB, accessible) |
|---|
| December 2023 | A setback at the end of the year(PDF, 189 KB, accessible)
Basic data set December 2023(XLSX, 288 KB, accessible) |
|---|
| November 2023 | SME business sentiment on the path to recovery(PDF, 166 KB, accessible)
Basic data set November 2023(XLSX, 162 KB, accessible) |
|---|
| October 2023 | SME business sentiment rose again for the first time since the spring(PDF, 177 KB, accessible)
Basic data set October 2023(XLSX, 161 KB, accessible) |
|---|
| September 2023 | SME business sentiment is bottoming out(PDF, 149 KB, accessible)
Basic data set September 2023(XLSX, 159 KB, accessible) |
|---|
| August 2023 | Business sentiment: Dry spell is getting longer and longer(PDF, 168 KB, accessible)
Basic data set August 2023(XLSX, 160 KB, accessible) |
|---|
| July 2023 | The mood at the start of the summer quarter has turned sour(PDF, 151 KB, accessible)
Basic data set July 2023(XLSX, 161 KB, accessible) |
|---|
| June 2023 | Business sentiment in freefall(PDF, 171 KB, accessible)
Basic data set June 2023(XLSX, 159 KB, accessible) |
|---|
| May 2023 | SME business sentiment: situation OK, expectations more pessimistic again(PDF, 146 KB, accessible)
Basic data set May 2023(XLSX, 160 KB, accessible) |
|---|
| April 2023 | SME sentiment in April: a mix of sunshine and rain(PDF, 198 KB, accessible)
Basic data set April 2023(XLSX, 157 KB, accessible) |
|---|
| March 2023 | SME business confidence improved further at the start of spring(PDF, 288 KB, accessible)
Basic data set March 2023(XLSX, 159 KB, accessible) |
|---|
| February 2023 | SMEs are more upbeat going into Lent(PDF, 191 KB, accessible)
Basic data set February 2023(XLSX, 158 KB, accessible) |
|---|
| January 2023 | The green shoot of optimism continues to grow(PDF, 142 KB, accessible)
Basic data set January 2023(XLSX, 158 KB) |
|---|
| December 2022 | Sentiment brightened at the end of the year(PDF, 121 KB, accessible)
Basic data set December 2022(XLSX, 157 KB, non-accessible) |
|---|
| November 2022 | SMEs have some hope again(PDF, 162 KB, accessible)
Basic data set November 2022(XLSX, 156 KB, non-accessible) |
|---|
| October 2022 | Have business expectations bottomed out?(PDF, 161 KB, accessible)
Basic data set October 2022(XLSX, 157 KB, non-accessible) |
|---|
| September 2022 | The recession has begun; business expectations are nearing their all-time low(PDF, 227 KB, accessible)
Basic data set September 2022(XLSX, 156 KB, non-accessible) |
|---|
| August 2022 | Muted sentiment, dismal outlook(PDF, 146 KB, accessible)
Basic data set August 2022(XLSX, 156 KB, accessible) |
|---|
| July 2022 | Serious recession concerns among SMEs(PDF, 153 KB, accessible)
Basic data set July 2022(XLSX, 156 KB, non-accessible) |
|---|
| June 2022 | Satisfactory business situation but great anxiety about what lies ahead(PDF, 144 KB, accessible)
Basic data set June 2022(XLSX, 153 KB, non-accessible) |
|---|
| May 2022 | Situation of SMEs is improving but fear of downturn is growing(PDF, 143 KB, accessible)
Basic data set May 2022(XLSX, 155 KB, non-accessible) |
|---|
| April 2022 | SMEs cautiously breathe a sigh of relief after war shock in March(PDF, 141 KB, accessible)
Basic data set April 2022(XLSX, 153 KB, non-accessible) |
|---|
| March 2022 | Attack on Ukraine has sent business expectations into a tailspin(PDF, 140 KB, accessible)
Basic data set March 2022(XLSX, 154 KB, non-accessible) |
|---|
| February 2022 | Sentiment improved strongly – but before Russia’s attack on Ukraine(PDF, 180 KB, accessible)
Basic data set February 2022(XLSX, 153 KB, non-accessible) |
|---|
| January 2022 | Optimism has grown again in the SME sector(PDF, 141 KB, non-accessible)
Basic data set January 2022(XLSX, 152 KB, non-accessible) |
|---|
| December 2021 | Omicron is clouding business sentiment and economic outlook for 2022(PDF, 100 KB, non-accessible)
Basic data set December 2021(XLSX, 152 KB, non-accessible) |
|---|
| November 2021 | SME business sentiment is in freefall(PDF, 145 KB, non-accessible)
Basic data set November 2021(XLSX, 152 KB, non-accessible) |
|---|
| October 2021 | SME business sentiment is stabilising, but supply bottlenecks remain a problem(PDF, 147 KB, non-accessible)
Basic data set October 2021(XLSX, 151 KB, non-accessible) |
|---|
| September 2021 | Supply shortages are temporarily slowing down the recovery(PDF, 96 KB, non-accessible)
Basic data set September 2021(XLSX, 152 KB, non-accessible) |
|---|
| August 2021 | Business sentiment drops as concerns are back(PDF, 140 KB, non-accessible)
Basic data set August 2021(XLSX, 148 KB, non-accessible) |
|---|
| July 2021 | Positive business situation but renewed concern about the pandemic among SMEs(PDF, 94 KB, non-accessible)
Basic data set July 2021(XLSX, 151 KB, non-accessible) |
|---|
| June 2021 | Economic indicators are turning green(PDF, 138 KB, non-accessible)
Basic data set June 2021(XLSX, 149 KB, non-accessible) |
|---|
| May 2021 | SME business sentiment: enterprises are ready for recovery(PDF, 95 KB, non-accessible)
Basic data set May 2021(XLSX, 150 KB, non-accessible) |
|---|
| April 2021 | Business sentiment: SMEs are putting up a brave fight(PDF, 137 KB, non-accessible)
Basic data set April 2021(XLSX, 149 KB, non-accessible) |
|---|
| March 2021 | Business sentiment jumps – advance praise for the economic rebound(PDF, 155 KB, non-accessible)
Basic data set March 2021(XLSX, 147 KB, non-accessible) |
|---|
| February 2021 | SME business confidence: a hint of spring(PDF, 142 KB, non-accessible)
Basic data set February 2021(XLSX, 147 KB, non-accessible) |
|---|
| January 2021 | SME business sentiment: retail in freefall, manufacturing steady(PDF, 242 KB, non-accessible)
Basic data set January 2021(XLSX, 147 KB, non-accessible) |
|---|
| December 2020 | SME business confidence was steady before the lockdown(PDF, 88 KB, non-accessible)
Basic data set December 2020(XLSX, 146 KB, accessible) |
|---|
| November 2020 | Lockdown 2.0 is hitting SMEs harder than large enterprises(PDF, 126 KB, non-accessible)
Basic data set November 2020(XLSX, 147 KB, non-accessible) |
|---|
| October 2020 | Worry lines in SMEs are deepening again(PDF, 127 KB, non-accessible)
Basic data set October 2020(XLSX, 145 KB, non-accessible) |
|---|
| September 2020 | SME business confidence has risen again(PDF, 129 KB, non-accessible)
Basic data set September 2020(XLSX, 163 KB, accessible) |
|---|
| August 2020 | Sentiment improvement in SMEs is losing steam(PDF, 119 KB, non-accessible)
Basic data set August 2020(XLSX, 162 KB, non-accessible) |
|---|
| July 2020 | SMEs are recovering – everything else depends on how the pandemic evolves(PDF, 106 KB, non-accessible)
Basic data set July 2020(XLSX, 162 KB, non-accessible) |
|---|
| June 2020 | SMEs are hoping for better times(PDF, 116 KB, non-accessible)
Basic data set June 2020(XLSX, 161 KB) |
|---|
| May 2020 | A sigh of relief!(PDF, 117 KB, non-accessible)
Basic data set May 2020(XLSX, 159 KB, non-accessible) |
|---|
| April 2020 | SMEs are now clearly in the throes of the coronavirus slump(PDF, 116 KB, non-accessible)
Basic data set April 2020(XLSX, 160 KB, non-accessible) |
|---|
| March 2020 | SME business confidence collapses under the strain of the coronavirus crisis(PDF, 130 KB, non-accessible)
Basic data set March 2020(XLSX, 159 KB, non-accessible) |
|---|
| February 2020 | SME business confidence not yet affected by coronavirus in February(PDF, 120 KB, non-accessible)
Basic data set February 2020(XLSX, 158 KB, non-accessible) |
|---|
| January 2020 | A subdued start to the year for German SMEs(PDF, 130 KB, non-accessible)
Basic data set January 2020(XLSX, 159 KB, non-accessible) |
|---|
| December 2019 | Despite minor bright spots at the end of the year, the road to a rebound is a long one(PDF, 124 KB, non-accessible)
Basic data set December 2019(XLSX, 156 KB, non-accessible) |
|---|
| November 2019 | SMEs are suspended in an economic no man’s land(PDF, 131 KB, non-accessible)
Basic data set November 2019(XLSX, 158 KB, non-accessible) |
|---|
| October 2019 | German SMEs report lower business situation assessments but the outlook is a bit less pessimistic(PDF, 121 KB, non-accessible)
Basic data set October 2019(XLSX, 157 KB, non-accessible) |
|---|
| September 2019 | Sentiment improves slightly among SMEs but not in large enterprises(PDF, 121 KB, non-accessible)
Basic data set September 2019(XLSX, 158 KB, non-accessible) |
|---|
| August 2019 | SMEs' resistance is weakening as mood turns sour(PDF, 203 KB, non-accessible)
Basic data set August 2019(XLSX, 155 KB, non-accessible) |
|---|
| Juli 2019 | SMEs are trending downward, manufacturers are alarmed(PDF, 211 KB, non-accessible)
Basic data set July 2019(XLSX, 155 KB, non-accessible) |
|---|
| June 2019 | More and more cracks are appearing in the key pillars of the economy(PDF, 205 KB, non-accessible)
Basic data set June 2019(XLSX, 156 KB, non-accessible) |
|---|
| May 2019 | Much gloom weighs on SME business climate but rays of hope can be seen(PDF, 206 KB, non-accessible)
Basic data set May 2019(XLSX, 156 KB, non-accessible) |
|---|
| April 2019 | SME business sentiment – as changeable as spring weather(PDF, 201 KB, non-accessible)
Basic data set April 2019(XLSX, 154 KB, non-accessible) |
|---|
| March 2019 | SMEs: Downturn in sentiment has bottomed out(PDF, 201 KB, non-accessible)
Basic data set March 2019(XLSX, 155 KB, non-accessible) |
|---|
| February 2019 | Deterioration of sentiment is spreading to more and more parts of the economy(PDF, 204 KB, non-accessible)
Basic data set February 2019(XLSX, 154 KB, non-accessible) |
|---|
| January 2019 | Rampant pessimism is spreading to Germany’s SME sector(PDF, 210 KB, non-accessible)
Basic data set January 2019(XLSX, 159 KB, non-accessible) |
|---|
| December 2018 | SMEs are feeling uneasy about the new year(PDF, 202 KB, non-accessible)
Basic data set December 2018(XLSX, 153 KB) |
|---|
| November 2018 | SMEs have the autumn blues(PDF, 204 KB, non-accessible)
Basic data set November 2018(XLSX, 153 KB) |
|---|
| October 2018 | SMEs had a golden October but large enterprises weathered autumn storms(PDF, 211 KB, non-accessible)
Basic data set October 2018(XLSX, 152 KB) |
|---|
| September 2018 | Stabilisation of SME business sentiment continues(PDF, 138 KB, non-accessible)
Basic data set September 2018(XLSX, 152 KB, non-accessible) |
|---|
| August 2018 | SMEs’ optimism rebounds sharply(PDF, 69 KB, non-accessible)
Basic data set August 2018(XLSX, 151 KB, non-accessible) |
|---|
| July 2018 | SMEs: satisfied but nervous about the future(PDF, 115 KB, non-accessible)
Basic data set July 2018(XLSX, 152 KB, non-accessible) |
|---|
| June 2018 | German SMEs keep their cool as trade conflict intensifies(PDF, 113 KB, non-accessible)
Basic data set June 2018(XLSX, 149 KB, non-accessible) |
|---|
| May 2018 | SME business sentiment: the euphoria is gone as downward risks increase(PDF, 72 KB, non-accessible)
Basic data set May 2018(XLSX, 150 KB, non-accessible) |
|---|
| April 2018 | Reformed business climate indicator confirms continuing decline in sentiment(PDF, 114 KB, non-accessible) |
|---|
| March 2018 | Dark clouds on the horizon(PDF, 78 KB, non-accessible) |
|---|
| February 2018 | SME business confidence slips despite new record situation assessments(PDF, 105 KB, non-accessible) |
|---|
| January 2018 | SMEs start the new year on a high note(PDF, 93 KB, non-accessible) |
|---|
| December 2017 | Business climate: slight dip at the end of an outstanding year(PDF, 130 KB, non-accessible) |
|---|
| November 2017 | Breaking all records(PDF, 125 KB, non-accessible) |
|---|
| October 2017 | Confidence of both SMEs and large enterprises at an all-time high(PDF, 124 KB, non-accessible) |
|---|
| September 2017 | Going into autumn, German SMEs are in the best of moods(PDF, 123 KB, non-accessible) |
|---|
| August 2017 | SME business confidence reaches a plateau after rising fast(PDF, 132 KB, non-accessible) |
|---|
| July 2017 | Business climate at ever new heights(PDF, 130 KB, non-accessible) |
|---|
| June 2017 | Soaring confidence in a roaring economy(PDF, 188 KB, non-accessible) |
|---|
| May 2017 | SME business sentiment: taking a breather after all-time high |
|---|
| April 2017 | Moving into spring at full speed |
|---|
| March 2017 | SME business sentiment is consolidating on a high level |
|---|
| February 2017 | Germany in high spirits thanks to SMEs |
|---|
| January 2017 | Worry lines have grown deeper since the start of the year |
|---|
| December 2016 | SME business confidence is up in December – and across the entire year 2016 |
|---|
| November 2016 | Business climate: SMEs are only moderately impressed by Trump |
|---|
| October 2016 | Confidence of German SMEs is increasing in leaps and bounds – despite global risks |
|---|
| September 2016 | German SME business confidence brightened in sunny September |
|---|
| August 2016 | SMEs suddenly have the summer blues |
|---|
| July 2016 | SMEs react fairly calmly to Brexit shock |
|---|
| June 2016 | Brexit vote: German SMEs are well equipped for uncertain times |
|---|
| May 2016 | Spring is in the air for German SMEs |
|---|
| April 2016 | Businesses are stuck in a sober mood |
|---|
| March 2016 | Fears of an economic slowdown are easing slightly |
|---|
| February 2016 | Although concerns are growing, it is too early to throw in the towel |
|---|
| January 2016 | German businesses uneasy about world economy |
|---|
| December 2015 | German SMEs: mood slightly subdued as the year closes |
|---|
| November 2015 | Optimism is booming |
|---|
| October 2015 | SMEs remain calm despite bad news |
|---|
| September 2015 | Manufacturing pushes SME business sentiment down |
|---|
| August 2015 | German SMEs relaxed, large enterprises nervous |
|---|
| July 2015 | German SME business climate climbs to annual high |
|---|
| June 2015 | Unease in Europe causes disquit in SME sector |
|---|
| May 2015 | German SMEs' business climate improves further, but only sligthly |
|---|
| April 2015 | Spring is in the air for German SMEs |
|---|
| March 2015 | SME business climate marking time |
|---|
| February 2015 | German SMEs are cautiously optimistic |
|---|
| January 2015 | SMEs realistic at start of year |
|---|
| December 2014 | SMEs enter the new year with increased confidence |
|---|
| November 2014 | And breathe ... |
|---|
| October 2014 | SMEs facing downswing |
|---|
| September 2014 | Economy raising concerns |
|---|
| August 2014 | SMEs revise business expectations significantly downwards |
|---|
| July 2014 | Tensions unsettle SMEs less than large companies |
|---|
| June 2014 | Economic uncertainty on the rise |
|---|
| May 2014 | General sentiment: slower pace ahead |
|---|
| April 2014 | Buoyant mood amongst SMEs almost unchanged at start of spring |
|---|
| March 2014 | SMEs relatively unfazed by the Crimean crisis |
|---|
| February 2014 | Business climate: more realism, less optimism |
|---|
| January 2014 | SMEs optimistic at start of year |
|---|
| December 2013 | SMEs confident about 2014 |
|---|
| November 2013 | SME business climate jumps to year high |
|---|
| October 2013 | SME business climate improves further |
|---|
| September 2013 | Stable business expectations among SMEs |
|---|
| August 2013 | Broad-based and strong improvement in business climate |
|---|
| July 2013 | Optimism among SMEs holding up |
|---|
| June 2013 | Confidence is returning – guardedly |
|---|
| May 2013 | SMEs: Scepticism sets in |
|---|
| April 2013 | Business climate for SMEs follows the negative trend |
|---|
| March 2013 | SMEs clearly more confident than large-scale enterprises |
|---|
| February 2013 | Confidence is growing by leaps and bounds |
|---|
| January 2013 | Gearing up for a rebound KfW-ifo SME Barometer |
|---|
%7CKfW-ifo-SME-Barometer-(EN)%7C,0,0,0,0,0,0,0,0){kind=small}
Share page
To share the content of this page with your network, click on one of the icons below.
Note on data protection: When you share content, your personal data is transferred to the selected network.
Data protection
Alternatively, you can also copy the short link: https://www.kfw.de/s/enkBbofO
Copy link Link copied