Last year, the Finance Barometer was published, the first global credit sentiment report, which received 7061 poll votes across 26 countries.
This year’s Finance Barometer is even bigger in scale, receiving a total of 9469 votes from January 1st, 2021 to June 30th, 2021. Read the 2021 Finance Barometer report here.
● The global average credit sentiment vote decreased by 8.9% compared to 2020.
● US respondents remained among the most optimistic (3.14 average vote), despite having the 2nd largest decrease in sentiment (-22%) since 2020.
● Ukrainian respondents were the most pessimistic for the second year in the row, with 66% expressing a reduction in their credit sentiment.
● Sweden had the most significant decrease in credit sentiment (-26.5%) and is now the 3rd most pessimistic country in our study.
● Global pessimistic voters increased from 38.8% in 2020, to 45.2% in 2021.
● The most optimistic voters are from Indonesia, Georgia, Bulgaria, Russia, Estonia, the USA, Netherlands, and Germany.
● The most pessimistic voters are from Hungary, Sweden, Poland, Spain, Slovakia, Latvia, Brazil, and Czechia.
Data Collection Process
All primary data has been collected via polls placed in financial product comparison pages, written in national language(s) across the 26 markets/countries Financer.com operates in.
The polls have been active from January 1st, 2021, to June 30th, 2021, and June 1st, 2020, to November 30th, 2020.
The countries included in the study are the United States (US), Brazil (BR), Mexico (MX), Georgia (GE), Russia (RU), Indonesia (ID), Kazakhstan (KZ), Sweden (SE), Finland (FI), Poland (PL), Spain(ES), Denmark(DK), Estonia (EE), Netherlands (NL), Czech (CZ), Norway (NO), Germany (DE), France (FR), Lithuania (LT), Bulgaria (BG), Hungary (HU), Ukraine (UA), Italy (IT), Romania (RO), Latvia (LV), and Slovakia (SK).
The latest study contains 7 interactive charts that compare credit sentiment data for 2020 and 2021.
In 2021, we saw a statistically significant global -8.9% decrease in credit sentiment scores. Polarizing votes remained very popular in 2021, while standard deviation remained at high levels, indicating a strong opinion division within and across nations.