diff --git a/macros/sql/pivot.sql b/macros/sql/pivot.sql
index 3eabc727..4cdb667c 100644
--- a/macros/sql/pivot.sql
+++ b/macros/sql/pivot.sql
@@ -65,22 +65,32 @@ Arguments:
                else_value=0,
                quote_identifiers=True,
                distinct=False) %}
-  {% for value in values %}
-    {{ agg }}(
-      {% if distinct %} distinct {% endif %}
-      case
-      when {{ column }} {{ cmp }} '{{ dbt.escape_single_quotes(value) }}'
-        then {{ then_value }}
-      else {{ else_value }}
-      end
-    )
-    {% if alias %}
-      {% if quote_identifiers %}
-            as {{ adapter.quote(prefix ~ value ~ suffix) }}
-      {% else %}
-        as {{ dbt_utils.slugify(prefix ~ value ~ suffix) }}
+
+  {# Check if values are empty or None #}
+  {% if values is none or values == [] %}
+    {{ log('Pivot: No values to pivot. Creating an empty column with the default then_value.', info=True) }}
+    {% set empty_column = prefix ~ 'empty' ~ suffix %}
+    {{ then_value }} as {{ adapter.quote(empty_column) }}
+
+  {% else %}
+    {# Regular pivot behavior with provided values #}
+    {% for value in values %}
+      {{ agg }}(
+        {% if distinct %} distinct {% endif %}
+        case
+        when {{ column }} {{ cmp }} '{{ dbt.escape_single_quotes(value) }}'
+          then {{ then_value }}
+        else {{ else_value }}
+        end
+      )
+      {% if alias %}
+        {% if quote_identifiers %}
+              as {{ adapter.quote(prefix ~ value ~ suffix) }}
+        {% else %}
+          as {{ dbt_utils.slugify(prefix ~ value ~ suffix) }}
+        {% endif %}
       {% endif %}
-    {% endif %}
-    {% if not loop.last %},{% endif %}
-  {% endfor %}
+      {% if not loop.last %},{% endif %}
+    {% endfor %}
+  {% endif %}
 {% endmacro %}