The industrial confidence index in Colombia fell to -6.7 in November of 2020 from -3 in October. source: Fedesarrollo

Business Confidence in Colombia averaged -0.23 points from 1980 until 2020, reaching an all time high of 20.33 points in July of 1992 and a record low of -35.80 points in April of 2020. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Business Confidence in Colombia is expected to be 5.00 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 5.00 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 5.50 points in 2021 and 6.50 points in 2022, according to our econometric models.

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Colombia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-6.70 -3.00 20.33 -35.80 1980 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-23 04:00 PM Aug 1.5 -8.5 -3
2020-10-21 03:20 PM Sep 6.1 1.5 2
2020-11-25 03:00 PM Oct -3 6.1 5.9
2020-12-23 03:30 PM Nov -6.7 -3 -5
2021-01-27 03:00 PM Dec -6.7 -8
2021-02-26 03:30 PM Jan
2021-03-25 03:20 PM Feb
2021-04-22 03:00 PM Mar
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Colombia Business Sentiment Worsens in October
The industrial confidence index in Colombia fell to -3 in October of 2020 from 6.1 in September which was the strongest reading in seven months, amid concerns over a recent surge in coronavirus infections. There was a deterioration in output expectations for the next quarter (9.3 vs 29.5 in September) and in the current level of orders (-16.2 vs -15.3). Meantime, the stock of finished products went up (2 vs -4.1).
2020-11-25
Colombia Business Sentiment Rises to 7-Month High
The industrial confidence index in Colombia increased to 6.1 in September 2020 from 1.5 in the previous month. It was the highest reading in seven months, amid the ongoing easing of coronavirus lockdown restrictions. Sentiment improved regarding the current level of orders (-15.3 vs -23.9 in August), while both output expectations for the next quarter (29.5 vs 30.1) and the stock of finished products (-4.1 vs 1.7) deteriorated.
2020-10-21
Colombia Industry Confidence Improves in August
The industrial confidence index in Colombia went up 10 points from the previous month to +1.5 in August 2020, remaining well below pre-pandemic levels and following the easing of coronavirus lockdown measures. Output expectations for the next quarter increased sharply (30.1 vs 14.9 in July) and sentiment improved regarding the current level of orders (-23.9 vs -34.2). Meanwhile, the stock of finished products dropped (1.7 vs 6.3).
2020-09-23
Colombia Business Morale Continue to Recover in July
The industrial confidence index in Colombia went up to -8.5 in July 2020, recovering further from April’s record low of -35.8, amid the easing of coronavirus lockdown measures. Output expectations for the next quarter increased sharply (14.9 vs 2.3 in June) and sentiment improved regarding the current level of orders (-34.2 vs -47.3). Meanwhile, the stock of finished products dropped (6.3 vs 17.5).
2020-08-27

Colombia Business Confidence
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.