How do Europeans judge the current situation in their national economy?

The latest Eurobarometer survey, conducted from October 23 to November 17, 2023, includes a question on how people judge the current situation in their national economy. Respondents could answer “Very good", “Rather good", “Rather bad”, “Very bad” or “Don't know”.

A key takeaway from the survey is that only about 35% of EU citizens consider the economic situation in their respective countries to be 'good' (the sum of respondents saying “Very good” and “Rather good”).

The sentiment varies significantly across the region, with Luxembourg citizens expressing the most positive outlook, where 86% rated their national economy as 'good'. In stark contrast, only 16% of Bulgarians share this optimism, the lowest in the survey out of the EU coutries. The UK also had a similar share with only 16% of respondents judging the current state of the national economy to be good.

If we only look at the “Very good" category, Denmark (27%) is ahead of the other countries by a wide margin.

The survey covered the 27 European Union member states, candidate countries (Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, Serbia, Turkey, Moldova), and other countries and territories (Cyprus, United Kingdom, Kosovo).