December 2025: Global consumer confidence rises for the second consecutive month
Ipsos’ Global Consumer Confidence Index is up 0.6 points this month and reads at 49.4. The index has increased significantly in consecutive months and is now 1.5 points higher than its reading from this time last year.
Among 30 economies measured, five countries show significant gains in consumer sentiment, while three countries show a notable decline. The Current and Investment sub-indices both show significant gains this month, while the Expectations and Jobs sub-indices are stable.
Based only on the “legacy 20 countries” tracked since March 2010, the Index would read at 46.9, in line (+0.2 point) with its reading from November.
Sentiment is largely up in Latin America. Chile (+5.5 points), Mexico (+3.4 points), and Colombia (+2.3 points) are all up significantly this month, while no country in Latin America shows a significant loss.
In contrast, consumer confidence is mixed in Europe. Ireland (+2.0 points) is up significantly, while Belgium (-3.1 points) and Spain (-2.2 points) both show significant declines.
The Global Consumer Confidence Index is the average of all surveyed countries’ Overall or “National” indices. This month’s installment is based on a monthly survey of more than 21,000 adults under the age of 75 from 30 countries conducted on Ipsos’ Global Advisor online platform. This survey was fielded between November 21 and December 5, 2025.
Consumer sentiment in 30 countries
Among the 30 countries, Indonesia (63.4) holds the highest National Index score. No other country this month has a National Index score of 60 or higher.
Eleven other countries now show a National Index at or above the 50-point mark: India (59.3), Malaysia (58.3), Singapore (56.1), Sweden (56.1), Thailand (55.3), Mexico (55.2), the Netherlands (53.6), Brazil (53.2), the U.S. (51.9), Colombia (51.7), and Australia (50.8).
In contrast, just two countries show a National Index below the 40-point mark: Hungary (37.2), and Türkiye (34.9).
Compared to 12 months ago, just three countries now show a significant drop in consumer sentiment. In contrast, eleven countries show a significant increase from December 2024, most of all in South Korea (+9.3 points).
Trends
Ipsos’ Global Consumer Confidence Index (based on all 30 countries surveyed) currently reads at 49.4. Based only on the “legacy 20 countries” tracked since March 2010, it would read at 46.9.
The Current sub-index, reflecting consumers’ perceptions of the economic climate and their current purchasing, jobs, and investment confidence, is up 1.5 points this month and sits at 40.5. In total, ten countries show a significant month-over-month gain (at least 2 points) in their Current sub-index, while just two countries show a significant loss.
The Investment sub-index, indicative of consumers’ perception of the investment climate, is up 1.5 points this month and now sits at 42.9. Ten countries show a significant gain in their Investment sub-index this month, and just two countries show a significant loss.
The Expectations sub-index, indicative of consumer expectations about future economic conditions, shows stability this month (-0.4 point) and now sits at 57.2. Four countries show significant gains in their Expectations sub-index, and three countries show significant losses.
The Jobs sub-index, reflecting perceptions about jobs security and the jobs market, is stable this month (-0.2 point) and is now at 58.2. Four countries show significant gains in their Jobs sub-index, compared to five countries that show significant losses.
Of note, no country shows significant losses (of at least 2 points) across all four sub-indices. In contrast, Chile is the only country to show significant month-over-month gains across all four sub-indices.
