The ZEW Indicator of Current Conditions for Germany increased by just 0.9 points to -87.6 in March 2025, reaching its highest level since October 2024, but still falling short of market expectations of -80.5. source: Centre for European Economic Research (ZEW)

ZEW Current Conditions in Germany averaged -12.95 points from 1991 until 2025, reaching an all time high of 95.20 points in January of 2018 and a record low of -98.50 points in November of 1993. This page includes a chart with historical data for Germany Zew Current Conditions. Germany ZEW Current Conditions - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

ZEW Current Conditions in Germany is expected to be -82.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany ZEW Current Conditions is projected to trend around -40.00 points in 2026 and -20.00 points in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-18 10:00 AM
ZEW Current Conditions
Feb -88.5 -90.4 -90 -89
2025-03-18 10:00 AM
ZEW Current Conditions
Mar -87.6 -88.5 -80.5 -82
2025-04-15 09:00 AM
ZEW Current Conditions
Apr -87.6 -86


Related Last Previous Unit Reference
Bankruptcies 1791.00 1787.00 Companies Dec 2024
Ifo Business Climate 85.20 85.20 points Feb 2025
Capacity Utilization 76.40 76.10 percent Mar 2025
Car Production 361500.00 337231.00 Units Feb 2025
Car Registrations 203434.00 207640.00 Units Feb 2025
Changes in Inventories 19.38 1.46 EUR Billion Dec 2024
Composite Leading Indicator 100.32 100.25 points Feb 2025
Corporate Profits 202.71 203.39 EUR Billion Dec 2024
Corruption Index 75.00 78.00 Points Dec 2024
Corruption Rank 15.00 9.00 Dec 2024
Electricity Price 96.13 94.87 EUR/MWh Mar 2025
Factory Orders MoM -7.00 5.90 percent Jan 2025
Ifo Current Conditions 85.00 86.00 points Feb 2025
Ifo Expectations 85.40 84.30 points Feb 2025
Industrial Production -1.60 -2.20 percent Jan 2025
Industrial Production MoM 2.00 -1.50 percent Jan 2025
Manufacturing Production -1.70 -3.00 percent Jan 2025
Mining Production 1.70 7.10 percent Jan 2025
Natural Gas Stocks Capacity 250.68 250.68 TWh Mar 2025
Natural Gas Stocks Injection 248.18 132.00 GWh/d Mar 2025
Natural Gas Stocks Inventory 72.00 72.04 TWh Mar 2025
Natural Gas Stocks Withdrawal 287.20 576.20 GWh/d Mar 2025
New Orders 90.20 84.40 points Dec 2024
New Car Registrations YoY -6.40 -2.80 percent Feb 2025
Steel Production 2800.00 2700.00 Thousand Tonnes Jan 2025
ZEW Current Conditions -87.60 -88.50 points Mar 2025
ZEW Economic Sentiment Index 51.60 26.00 points Mar 2025

Germany ZEW Current Conditions
In Germany, the ZEW Current Conditions Index measures the level of optimism that analysts have about the current economic situation. 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 economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts see deteriorating economic conditions) up to 100 (all analysts see improving economic conditions). A 0 value indicates neutrality.
Actual Previous Highest Lowest Dates Unit Frequency
-87.60 -88.50 95.20 -98.50 1991 - 2025 points Monthly
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