Manufacturing production in Colombia fell 1.5 percent year-on-year in November 2019, following an upwardly revised 2.2 percent gain in the previous month. It was the largest decrease in manufacturing output since March last year, as 21 out of 39 activities registered declines, in particular pharmaceutical products (-10.4 percent); other manufacturing industries (-27.5 percent); iron & steel (-15.1 percent); automotive vehicles & motors (-26.2 percent); non-metallic mineral products (-26.2 percent); coking, oil refining, and fuel blending (-3.1 percent); clothing (-4.2 percent) and metal products (-7 percent). On a seasonally adjusted monthly basis, manufacturing output went down 0.1 percent, after a 1.1 percent rise in the prior month. Industrial Production in Colombia averaged 2.27 percent from 1981 until 2019, reaching an all time high of 17.70 percent in March of 1998 and a record low of -22.70 percent in March of 1999. source: DANE, Colombia

Industrial Production in Colombia is expected to be 2.50 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 3.20 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 3.40 percent in 2020, according to our econometric models.

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Colombia Industrial Output

Actual Previous Highest Lowest Dates Unit Frequency
-1.50 2.20 17.70 -22.70 1981 - 2019 percent Monthly
2014=100, NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 03:00 PM Aug 0.1% 3.5% -1.6%
2019-11-14 03:00 PM Sep 0.3% 0.3% 3%
2019-12-13 03:00 PM Oct 2.1% 0.5% 2.5%
2020-01-17 03:00 PM Nov -1.5% 2.2% 1.3%
2020-02-13 03:00 PM Dec -1.5% -0.5%


News Stream
2019-12-13
Colombia Manufacturing Output Rises the Most in 3 Months
Manufacturing production in Colombia rose 2.1 percent year-on-year in October 2019, following an upwardly revised 0.5 percent gain in the previous month. In October, 22 out of 39 manufacturing activities registered gains, namely beverages (9.7 percent); processing & preservation of meat, fish, crustaceans and mollusks (11 percent); iron & steal (11.2 percent); other chemical products (6.6 percent); bread & pastry products (8.8 percent); and cacao & chocolate (11.6 percent). On a seasonally adjusted monthly basis, manufacturing output advanced 1.1 percent, rebounding from a downwardly revised 1.5 percent fall in the prior month.

2019-11-14
Colombia Manufacturing Output Rises 0.3% in September
Manufacturing production in Colombia increased 0.3 percent over a year earlier in September 2019, the same pace as in the previous month. In September, 22 out of 39 manufacturing activities registered gains, in particular other chemicals (8.8 percent); processing & preservation of meat, fish, crustaceans and mollusks (6.3 percent); dairy products (6.2 percent); bread & pastry products (7.7 percent); plastic (4 percent); and other transport equipment (20.7 percent). On a seasonally adjusted monthly basis, manufacturing output declined 1.7 percent, after an upwardly revised 0.8 percent increase in August.

2019-10-15
Colombia Manufacturing Output Growth Eases in August
Manufacturing production in Colombia increased 0.1 percent over a year earlier in August 2019, easing from a 3.5 percent rise in the previous month. In August, 23 out of 39 manufacturing activities registered gains, namely other chemicals (12.8 percent); beverages (3.8 percent); paper & cardboard products (5.9 percent); iron & steel (7.2 percent); processing & preservation of meat, fish, crustaceans and mollusks (4.7 percent); electric equipment (8.2 percent); dairy products (4.2 percent) and other transport equipment (18.7 percent). On a seasonally adjusted monthly basis, manufacturing output went up 0.7 percent, after an upwardly revised 0.6 percent rise in the prior month.

2019-09-13
Colombia Manufacturing Output Rebounds in July
Manufacturing production in Colombia rose 3.5 percent over a year earlier in July 2019, rebounding from a downwardly revised 1 percent fall in the previous month. In July, 28 out of 39 manufacturing activities registered increases, namely beverages (7.6 percent); pharmaceutical products & chemicals (9.6 percent); paper & cardboard products (9.2 percent); other chemicals (8.4 percent); and non-metallic minerals (4.8 percent). On a seasonally adjusted monthly basis, manufacturing output went up 0.4 percent, after an upwardly revised 1.1 percent decline in the prior month.

2019-08-14
Colombia Industrial Output Falls 1.1% in June
Colombia's manufacturing output contracted 1.1 percent from a year earlier in June 2019, following a 3.2 percent growth in the previous month, due to declines in production of: other food products (-15.5 percent); other manufacturing industries (-27.2 percent); sugar (-14.1 percent); soaps and detergents, perfumes and toilet preparations (-4.2 percent); chemicals (-6.4 percent); coking, oil refining, and fuel (-2.8 percent); and pharmaceuticals, medicinal chemicals (-3.1 percent).

2019-07-15
Colombia Industrial Output Rebounds in May
Manufacturing production in Colombia rose 3.2 percent year-on-year in May 2019, rebounding from an upwardly revised 1.5 percent decline in the previous month and beating market expectations of a 2.7 percent gain. In May, 16 out of 39 manufacturing activities registered increased, in particular other chemical products (17.1 percent); non-metallic minerals (8.5 percent); beverages (4.4 percent); clothing (8.3 percent); iron & steel (7 percent); automotive vehicles & engines (13.7 percent); paper & cardboard products (3.9 percent); plastic (4.1 percent); and other transport equipment (27.5 percent). On a seasonally adjusted monthly basis, manufacturing output went up 1.1 percent, after an upwardly revised 0.5 percent in the prior month.


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.

Colombia Business Last Previous Highest Lowest Unit
Business Confidence 1.30 5.70 12.70 -15.96 points [+]
Industrial Production -1.50 2.20 17.70 -22.70 percent [+]
Total Vehicle Sales 14204.00 13357.00 19788.00 2234.00 Cars [+]
Car Registrations 23278.00 22874.00 40393.00 15941.00 [+]
Leading Economic Index 3.20 2.70 9.80 -1.60 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 125.00 115.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 52.40 52.90 54.30 45.40 points [+]
Cement Production 1112915.00 1135273.52 1209660.26 508774.00 Tonnes [+]
Competitiveness Index 62.73 61.63 62.73 4.04 Points [+]
Competitiveness Rank 57.00 60.00 74.00 57.00 [+]
Capacity Utilization 82.51 81.23 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 67.00 65.00 67.00 37.00 [+]
Industrial Production Mom -0.10 1.10 15.80 -9.10 percent [+]