Manufacturing production in Colombia went down 0.2% over a year earlier in November of 2020, following a downwardly revised 2.6% decline in the previous month, in line with market expectations. It was the ninth consecutive month of decline in manufacturing activity but at the slowest pace in the current sequence. In November, 22 out of 39 activities registered decreases, mostly coking, oil refining, and fuel blending (-8.6%); the manufacture of clothing (-8.1%); iron and steel (-12.6%); printing (-12.8%) and automotive parts and accessories (-22.2%). On a monthly basis, manufacturing production rose 1.4%, after increasing 3.3% in the previous month. source: DANE, Colombia

Industrial Production in Colombia averaged 2.01 percent from 1981 until 2020, reaching an all time high of 17.70 percent in March of 1998 and a record low of -35.80 percent in April of 2020. This page provides the latest reported value for - Colombia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Industrial Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Industrial Production in Colombia is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Colombia to stand at 4.00 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 3.60 percent in 2022, according to our econometric models.

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Colombia Industrial Output

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -2.60 17.70 -35.80 1981 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-15 03:00 PM Aug -10.3% -8.5% -7.8% -7%
2020-11-13 03:40 PM Sep -3% -10.3% -5.1% -6%
2020-12-14 03:00 PM Oct -2.7% -2.9% -4%
2021-01-18 03:00 PM Nov -0.2% -2.6% -0.2% -1.5%
2021-02-12 03:00 PM Dec -0.2%
2021-03-15 03:00 PM Jan
2021-04-15 03:00 PM Feb
2021-05-13 03:00 PM Mar


News Stream
Colombia Industrial Output Falls for 9th Month
Manufacturing production in Colombia went down 0.2% over a year earlier in November of 2020, following a downwardly revised 2.6% decline in the previous month, in line with market expectations. It was the ninth consecutive month of decline in manufacturing activity but at the slowest pace in the current sequence. In November, 22 out of 39 activities registered decreases, mostly coking, oil refining, and fuel blending (-8.6%); the manufacture of clothing (-8.1%); iron and steel (-12.6%); printing (-12.8%) and automotive parts and accessories (-22.2%). On a monthly basis, manufacturing production rose 1.4%, after increasing 3.3% in the previous month.
2021-01-18
Colombia Industrial Output Shrinks for 8th Month
Manufacturing production in Colombia went down 2.7% over a year earlier in October of 2020, following a downwardly revised 2.9% slump in the previous month. It was the eighth consecutive decline in manufacturing activity, amid the coronavirus crisis. In October, 26 out of 39 activities registered decreases, in particular the manufacture of clothing (-14.6%); automotive vehicles (-29.6%); coking, oil refining, and fuel blending (-8.9%); iron and steel (-16.7%); soaps and detergents, perfumes and toilet preparations (-5.6%) and automotive parts and accessories (-39.6%). On a seasonally adjusted monthly basis, manufacturing output grew 3.3%, after an upwardly revised 4.2% rise in the prior month.
2020-12-14
Colombia Industrial Output Falls at a Softer Pace in September
Manufacturing production in Colombia dropped 3 percent over a year earlier in September 2020, following a 10.3 percent fall in the previous month and compared with market expectations of a 5.1 percent decrease. It was the seventh consecutive decline in manufacturing output, amid the coronavirus pandemic. In September, 28 out of 39 activities registered decreases, in particular clothing (-14.1 percent); automotive vehicles (-30.5 percent); coking, oil refining, and fuel blending (-5.7 percent); soaps and detergents, perfumes and toilet preparations (-5.6 percent); paper & cardboard (-6.7 percent); and iron & steel (-8.9 percent). On a seasonally adjusted monthly basis, manufacturing output increased 3.9 percent, after rising an upwardly revised 0.8 percent gain in the prior month.
2020-11-13
Colombia Manufacturing Output Drops More than Expected in August
Manufacturing production in Colombia plunged 10.3 percent over a year earlier in August 2020, after dropping 8.5 percent in the previous month and compared with market expectations of a 7.8 percent fall. It was the fifth successive decline in manufacturing output, amid the coronavirus crisis. In August, 35 out of 39 activities registered declines, namely beverages (-16.8 percent); clothing (-30.9 percent); coking, oil refining, and fuel blending (-14 percent); iron & steel (-21.3 percent); plastic products (-10.2 percent); and non-metallic minerals (-7.3 percent). On a seasonally adjusted monthly basis, manufacturing output went up 0.7 percent, after increasing a downwardly revised 4 percent in the prior month.
2020-10-15

Colombia Industrial Output
In Colombia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.