The Industrial Confidence Index in Colombia rose to 4.4 in April 2019 from 3.0 in the previous month, due to an improvement in new order levels (-14.4 vs -22 in March). On the other hand, the stocks of finished products increased (6.1 vs 4.7) while manufacturers were less optimistic regarding output expectations (33.8 vs 35.7). Business Confidence in Colombia averaged 1.01 Index Points from 2009 until 2019, 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 4.00 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 4.00 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.

Colombia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-27 03:50 PM Business Confidence 6.3 -1.1 1.5
2019-03-28 04:00 PM Business Confidence 5.1 6.3 4.8
2019-04-25 03:30 PM Business Confidence 3 5.1 3
2019-05-22 04:15 PM Business Confidence 4.4 3 1
2019-06-27 04:00 PM Business Confidence 4.4 4.1
2019-07-24 04:00 PM Business Confidence 4
2019-08-22 04:00 PM Business Confidence


Colombia Business Last Previous Highest Lowest Unit
Business Confidence 4.40 3.00 12.70 -15.96 Index Points [+]
Industrial Production -1.30 3.20 17.70 -22.70 percent [+]
Total Vehicle Sales 12384.00 13058.00 19788.00 2234.00 Cars [+]
Car Registrations 20170.00 18440.00 40393.00 15941.00 [+]
Leading Economic Index 2.10 1.90 9.90 -1.70 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 60.00 105.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 50.80 51.00 54.30 45.40 [+]
Cement Production 971013.00 1139886.29 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 81.84 78.59 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 0.20 0.10 15.70 -9.10 percent [+]


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. 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.40 3.00 12.70 -15.96 2009 - 2019 Index Points Monthly




Country Last Previous
Australia 7.00 May/19
Brazil 56.90 Jun/19
Canada 55.90 May/19
China 49.40 May/19
Euro Area 0.30 May/19
France 104.00 May/19
Germany 97.40 Jun/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 102.00 May/19
Japan 12.00 Mar/19
Mexico 52.40 May/19
Netherlands 4.70 May/19
Russia -1.00 May/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Jun/19
South Korea 76.00 May/19
Spain -3.30 May/19
Switzerland 94.40 May/19
Turkey 102.50 Jun/19
United Kingdom -13.00 Jun/19
United States 52.10 May/19


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