Business Confidence in Spain increased to -2.80 Index Points in July from -3.70 Index Points in June of 2019. Business Confidence in Spain averaged -10.46 Index Points from 1980 until 2019, reaching an all time high of 8.50 Index Points in September of 1997 and a record low of -39 Index Points in March of 2009. In Spain, the Industrial Confidence Indicator (ICI) measures the level of optimism of entrepreneurs for the future development of industrial activity. The ICI is conducted based on the sample of 2500 enterprises representing different sizes, regions and sectors of Spanish economy. The response rate is around 60 percent. ICI is measured on a scale of -100 (extreme lack of confidence) to +100 (extreme confidence). This page provides the latest reported value for – Spain Business Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.