Indonesia Continues to Top Global Consumer Confidence Ranking
Indonesia continues to top the ranking of countries with the highest consumer confidence in the third quarter of 2013 although its score fell four points from the second quarter to 120. According to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, consumers in Indonesia are optimistic due to the general elections in mid-2014 and growth of the country's middle class. However, as inflation surged after prices of subsidized fuels were raised in June, the score fell slightly.
The global average of consumer confidence was 94 in Q3-2013, meaning that Indonesia (120 points) is far above the global average. The report indicated that consumer confidence in the USA and Europe was up in Q3-2013. In the USA consumers are the most confident since Q3-2007 and neared pre-recession levels, while Europe posted the largest quarter-on-quarter growth since Q1-2010.
Nielsen Global Survey of Consumer Confidence
and Spending Intentions index, Q3-2013:
| Country | Points |
| 1. Indonesia | 120 |
| 2. Philippines | 118 |
| 3. India | 112 |
| 4. Thailand |
112 |
| 5. United Arab Emirates | 111 |
| 6. China | 110 |
| 7. Brazil | 109 |
| 8. Hong Kong | 106 |
| 9. Denmark | 103 |
| 10. Malaysia | 101 |
| 11. Singapore | 98 |
| 12. USA | 98 |
Source: Nielsen Company
"The findings in the Nielsen Global Survey of Consumer Confidence and Spending Intentions are based on respondents with online access across sixty countries. While an online survey methodology allows for tremendous scale and global reach, it provides a perspective only on the habits of existing Internet users, not total populations. In developing markets where online penetration has not reached majority potential, audiences may be younger and more affluent than the general population of that country. Additionally, survey responses are based on claimed behavior, rather than actual metered data. The latest edition was conducted between August 14 and September 6, 2013 and polled more than 30,000 online consumers. The sample has quotas based on age and sex for each country based on their Internet users, and is weighted to be representative of Internet consumers and has a maximum margin of error of ±0.6 percent."
A reading above 100 indicates optimism, while a reading below 100 indicates pessimism.