In 2023, Mexico reported the highest Consumer Confidence Index among the countries listed, witnessing a growth of 0.95% year-on-year. Other countries like Greece showed slight resilience with a 0.11% increase. However, most countries, including Lithuania and Poland, faced downturns, with Estonia experiencing the steepest decline at -1.84%. Over the last five years, a consistent decrease in consumer confidence is noteworthy across many developed nations, attributed to economic uncertainties and geopolitical tensions.
Looking forward, key trends to watch include the impact of inflation rates, geopolitical stability, and economic recovery post-pandemic. Countries that implement robust fiscal policies may see a rebound in consumer confidence.
Top countries in Consumer Confidence Index by Country
| # | 10 Countries | Indexes | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 104.35 | 2023 | +2.26% | +0.95% | View data |
| 2 | 2 Lithuania | 101.61 | 2023 | +2.86% | -0.13% | View data |
| 3 | 3 Costa Rica | 100.25 | 2022 | +1.55% | +0.078% | View data |
| 4 | 4 Poland | 100.08 | 2023 | +1.69% | -0.47% | View data |
| 5 | 5 Belgium | 99.53 | 2023 | +1.42% | -0.26% | View data |
| 6 | 6 Italy | 99.53 | 2023 | +1.3% | -0.38% | View data |
| 7 | 7 South Korea | 99.52 | 2023 | +0.24% | -0.2% | View data |
| 8 | 8 Slovakia | 99.36 | 2023 | +1.34% | -0.64% | View data |
| 9 | 9 Greece | 98.95 | 2023 | +1.49% | +0.11% | View data |
| 10 | 10 Hungary | 98.82 | 2023 | -0.081% | -0.8% | View data |
