The economy of Colombia shrank 11.1 percent year-on-year in June 2020, following a downwardly revised 16.2 percent decline in May and a record 20.1 percent slump in April, as ongoing restrictions to curb the spread of the coronavirus pandemic hit production. Industrial activities plunged 12.6 percent, after shrinking 27.6 percent in April; and the services sector contracted 11.2 percent, following a 13.9 percent slump. Also, primary activities declined 7.6 percent, following an 11.3 percent contraction. On a monthly basis, economic activity expanded 5.5 percent in June.
Leading Economic Index in Colombia averaged 3.79 percent from 2001 until 2020, reaching an all time high of 9.10 percent in August of 2011 and a record low of -20.10 percent in April of 2020. This page provides - Chile Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Dane, Colombia
Leading Economic Index in Colombia is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Colombia to stand at 3.00 in 12 months time. In the long-term, the Colombia Leading Economic Index is projected to trend around 3.60 percent in 2021, according to our econometric models.