Colombia is ranked 67 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Colombia deteriorated to 67 in 2019 from 65 in 2018.

Ease of Doing Business in Colombia averaged 50.58 from 2008 until 2019, reaching an all time high of 67 in 2019 and a record low of 37 in 2009. This page includes a chart with historical data for Ease of Doing Business in Colombia. Ease of Doing Business in Colombia - values, historical data and charts - was last updated on September of 2020. source: World Bank

Ease of Doing Business in Colombia is expected to reach 64.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Colombia is projected to trend around 64.00 in 2021 and 61.00 in 2022, according to our econometric models.

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Ease of Doing Business in Colombia

Actual Previous Highest Lowest Dates Unit Frequency
67.00 65.00 67.00 37.00 2008 - 2019 Yearly

Colombia Business Last Previous Highest Lowest Unit
Business Confidence 1.50 -8.50 20.33 -35.80 points [+]
Industrial Production -8.50 -9.80 17.70 -35.80 percent [+]
Total Vehicle Sales 4657.00 5132.00 19788.00 1382.00 Cars [+]
Car Registrations 11956.00 8920.00 40393.00 217.00 [+]
Leading Economic Index -9.60 -11.00 9.10 -20.20 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 110.00 85.00 133.00 29.00 Thousand Tonnes [+]
Industrial Production Mom 4.50 13.70 16.10 -26.90 percent [+]
Manufacturing Pmi 51.20 54.20 54.70 27.60 points [+]
Cement Production 1131300.00 977660.00 1209660.26 198924.92 Tonnes [+]
Competitiveness Index 62.73 61.63 62.73 4.04 Points [+]
Competitiveness Rank 57.00 60.00 74.00 57.00 [+]
Capacity Utilization 67.74 56.40 85.30 56.40 percent [+]
Corruption Index 37.00 36.00 40.00 22.00 Points [+]
Corruption Rank 96.00 99.00 99.00 31.00 [+]
Ease of Doing Business 67.00 65.00 67.00 37.00 [+]


Ease of Doing Business in Colombia
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.