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. source: Fedesarrollo
Business Confidence in Colombia averaged -0.21 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 October of 2020.
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.