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. source: DANE, Colombia

Industrial Production in Colombia averaged 2.04 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 October of 2020.

Industrial Production in Colombia is expected to be -3.00 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 2.50 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 3.40 percent in 2021 and 3.60 percent in 2022, according to our econometric models.

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Colombia Industrial Output

Actual Previous Highest Lowest Dates Unit Frequency
-10.30 -8.50 17.70 -35.80 1981 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-15 03:00 PM May -26.2% -35.8% -27% -29%
2020-08-13 03:00 PM Jun -9.9% -26.2% -16.5% -18%
2020-09-14 03:00 PM Jul -8.5% -9.8% -7.3% -6.9%
2020-10-15 03:00 PM Aug -10.3% -8.5% -7.8% -7%
2020-11-13 03:00 PM Sep -10.3% -8.6%
2020-12-14 03:00 PM Oct


News Stream
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 Manufacturing Output Falls More than Expected in July
Manufacturing production in Colombia dropped 8.5 percent over a year earlier in July 2020, following a downwardly revised 9.8 percent fall in the previous month and compared with market expectations of a 7.3 percent decline. It was the fifth successive decrease in manufacturing output, amid the coronavirus crisis. In July, 32 out of 39 activities registered declines, in particular beverages (-11.4 percent); coking, oil refining, and fuel blending (-15.9 percent); clothing (-29.4 percent); automotive vehicles (-49.1 percent); iron & steel (-18.4 percent); and paper & cardboard (-9.5 percent). On a seasonally adjusted monthly basis, manufacturing output went up 4.5 percent, after rising an upwardly revised 13.7 percent in the prior month.
2020-09-14
Colombia Manufacturing Output Drops for 4th Month
Manufacturing production in Colombia declined 9.9 percent over a year earlier in June 2020, following a 26.2 percent plunge in the previous month and compared with market expectations of a 16.5 percent drop. It was the fourth consecutive decline in manufacturing output, amid the COVID-19 pandemic. In June, 30 out of 39 activities registered decreases, namely clothing (-35 percent); coking, oil refining, and fuel blending (-26.9 percent); iron & steel (-25.1 percent); non-metallic minerals (-13.4 percent); glass products (-36.8 percent); paper & cardboard (-11.2 percent); and beverages (-4.2 percent). On a seasonally adjusted monthly basis, manufacturing output rose 13 percent, after increasing an upwardly revised 16.3 percent in the prior month. Considering the first half of the year, manufacturing production went down 12.4 percent over the same period of 2019.
2020-08-13
Colombia Manufacturing Output Falls for 3rd Month
Manufacturing production in Colombia dropped 26.2 percent year-on-year in May 2020, following a record 35.8 percent slump in the previous month and compared with market expectations of a 27 percent plunge. It was the third consecutive decline in manufacturing output, amid the coronavirus crisis. In May, 34 out of 39 activities registered declines, in particular beverages (-32.4 percent); non-metallic minerals (-45.6 percent); clothing (-63.4 percent); coking, oil refining, and fuel blending (-35.5 percent); iron & steel (-50.7 percent); and automotive vehicles (-91 percent). On a seasonally adjusted monthly basis, manufacturing output increased 15.7 percent, the most on record, rebounding from a downwardly revised 26.6 percent decrease in the prior month.
2020-07-15

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.