Manufacturing production in Colombia went up 20.1 percent over a year earlier in July of 2021, following a 20.8 percent rise in June and marking the sixth consecutive month of growth. Main upward pressure came from beverages production (24.2 percent); oil refining (23 percent); paper production (34.7 percent); clothing (44.8 percent); chemicals substances (35.1 percent); and plastic products (24 percent). In contrast, the largest negative contribution came from the manufacturing of trailers (-26.1 percent). source: DANE, Colombia
Industrial Production in Colombia averaged 2.26 percent from 1981 until 2021, reaching an all time high of 63.90 percent in April of 2021 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 September of 2021.
Industrial Production in Colombia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Industrial Output is projected to trend around 3.50 percent in 2022 and 3.60 percent in 2023, according to our econometric models.