Montenegro, Portugal, and Turkey were the three European countries whose business communities most expected sales to increase in 2024. While Montenegro's business community was the most positive about the prospects for national sales, Turkey's businesses were the most confident about the export sales trade in 2024. On the opposite end, Austria, Germany, and Slovenia were the countries with the most pessimistic business communities in terms of sales expectations. Germany's business community's negative outlook for export sales is a particular issue, as the country is highly dependent on its export trade.
Sales expectations index scores for national and export sales by European businesses in 2024, by country
The Eurochambres business confidence index measures the difference between the share of positive and negative responses to the question of how national chamber of commerce members perceive their economic situation in the coming year. The index is calculated as the percentage of “Increase” minus the percentage of “Decrease”, all divided by the percentage of “Constant”.
*German businesses did not answer the question about national sales.
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Eurochambres. (November 9, 2023). Sales expectations index scores for national and export sales by European businesses in 2024, by country [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/
Eurochambres. "Sales expectations index scores for national and export sales by European businesses in 2024, by country ." Chart. November 9, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/
Eurochambres. (2023). Sales expectations index scores for national and export sales by European businesses in 2024, by country . Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/
Eurochambres. "Sales Expectations Index Scores for National and Export Sales by European Businesses in 2024, by Country ." Statista, Statista Inc., 9 Nov 2023, https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/
Eurochambres, Sales expectations index scores for national and export sales by European businesses in 2024, by country Statista, https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/ (last visited November 17, 2024)
Sales expectations index scores for national and export sales by European businesses in 2024, by country [Graph], Eurochambres, November 9, 2023. [Online]. Available: https://www.statista.com/statistics/1440546/europe-business-sales-expectations-index-score/
