Study by Financer.com reveals an 8.9% global decrease in credit sentiment score in 2021, with Sweden, the US, and Hungary experiencing the most significant drops.

In December 2020, Financer.com Ltd published the 2020 Finance Barometer, the first of its kind global credit sentiment study, receiving 7061 poll votes across 26 countries from June 1st to November 30th, 2020.  On July 27th, 2021, the second Finance Barometer will be published. This study is bigger in scale, receiving 9469 votes from January 1st, 2021 to June 30th, 2021.

Read the 2021 Finance Barometer report here: https://financer.com/blog/2021-finance-barometer/

Key Findings

• 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.

Conclusions

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.

You can read the complete Finance Barometer 2021 report here: https://financer.com/blog/2021-finance-barometer/

Press Contacts

George Chrysochou

Chief Economist & CMO

Financer.com Limited

georgechrysochou@financer.com

Ruby Willow

Global Content Manager

Financer.com Limited

ruby@financer.com