Colombia Business Confidence

The Industrial Confidence Index in Colombia rose to -1.1 in December 2018 from -4.3 in the previous month, still remaining in negative territory. Expectations for the next three months regarding production improved (13.5 from a flat reading in November). On the other hand, the current level of orders declined further (-17.9 from -11.2) and inventories dropped (-1.2 from 1.5). Business Confidence in Colombia averaged 0.90 Index Points from 2009 until 2018, reaching an all time high of 12.70 Index Points in February of 2011 and a record low of -15.96 Index Points in June of 2009.

Business Confidence in Colombia is expected to be -1.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Colombia to stand at 4.50 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 5.40 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-24	04:15 PM	Business Confidence	3.8	5.3	5.5
2018-11-21	02:30 PM	Business Confidence	1.3	3.8	1.4
2018-12-21	03:35 PM	Business Confidence	-4.3	1.3	-4
2019-01-23	03:50 PM	Business Confidence	-1.1	-4.3	-1
2019-02-27	02:00 PM	Business Confidence		-1.1
2019-03-28	04:25 PM	Business Confidence
2019-04-25	01:50 PM	Business Confidence			1.8

Colombia Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-1.10	-4.30	12.70	-15.96	Index Points	[+]
Industrial Production	-0.80	4.70	17.70	-22.70	percent	[+]
Total Vehicle Sales	13887.00	16417.00	19788.00	2234.00	Cars	[+]
Car Registrations	26245.00	21496.00	40393.00	16399.00		[+]
Leading Economic Index	2.24	2.31	9.57	-1.50	percent	[+]
Internet Speed	5523.06	5397.03	5523.06	572.73	KBps	[+]
IP Addresses	5185338.00	5082089.00	7795504.00	880124.00	IP	[+]
Steel Production	101.00	108.00	133.00	29.00	Thousand Tonnes	[+]
Manufacturing Pmi	51.50	51.60	54.30	45.40		[+]
Cement Production	1089381.00	1094297.69	1209660.26	508774.00	Tonnes	[+]
Competitiveness Index	61.63	61.52	61.63	4.04	Points	[+]
Competitiveness Rank	60.00	57.00	74.00	57.00		[+]
Capacity Utilization	80.23	81.29	85.30	63.90	percent	[+]
Corruption Index	36.00	37.00	40.00	22.00	Points	[+]
Corruption Rank	99.00	96.00	99.00	31.00		[+]
Ease of Doing Business	65.00	59.00	65.00	37.00		[+]
Industrial Production Mom	-3.60	-0.60	15.50	-9.00	percent	[+]

In Colombia, the business confidence index (ICI), measures the level of optimism that business executives in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. The index also assesses the expectations regarding investment climate, export activity, capacity utilization and employment. The index varies on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-1.10	-4.30	12.70	-15.96	2009 - 2018	Index Points	Monthly

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Country	Last		Previous	Range
Australia	4.00	Jan/19	3	21 : -30	Index Points
Brazil	64.70	Jan/19	63.8	68.5 : 35	Index Points
Canada	54.70	Jan/19	59.7	75 : 36.1	Index Points
China	49.50	Jan/19	49.4	59.2 : 38.8	Index Points
Euro Area	0.69	Jan/19	0.86	1.62 : -3.29	Index Points
France	103.00	Jan/19	103	124 : 66	Index Points
Germany	99.10	Jan/19	101	110 : 80.2	Index Points
India	116.20	Mar/19	115	128 : 96.4	Index Points
Indonesia	104.71	Dec/18	108	122 : 95.12	Index Points
Italy	102.10	Jan/19	103	122 : 71.5	Index Points
Japan	19.00	Dec/18	19	53 : -58	Index Points
Mexico	50.80	Jan/19	49.2	58.1 : 33.7	Index Points
Netherlands	5.80	Jan/19	7.5	10.9 : -23.5	Index Points
Russia	-2.00	Jan/19	-8	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-14.00	Dec/18	-1	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	67.00	Jan/19	71	119 : 35	Index Points
Spain	-4.10	Jan/19	-2.8	8.5 : -39	Index Points
Switzerland	95.00	Jan/19	96.4	119 : 70.7	Index Points
Turkey	93.00	Jan/19	91.5	123 : 52.6	Index Points
United Kingdom	-23.00	Mar/19	-16	55 : -75	Index Points
United States	56.60	Jan/19	54.3	77.5 : 29.4	Index Points