The economy of Colombia grew 2.9 percent year-on-year in November of 2019, slowing from an upwardly revised 3.3 percent expansion in October. Considering the first eleven months of the year, economic activity advanced 3.1 percent. On a seasonally-adjusted monthly basis, economic activity expanded 0.1 percent after a 1 percent jump in October.

Leading Economic Index in Colombia averaged 4.09 percent from 2001 until 2019, reaching an all time high of 9.80 percent in August of 2011 and a record low of -1.60 percent in November of 2003. This page provides - Chile Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Dane, Colombia

Leading Economic Index in Colombia is expected to be 3.10 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 3.40 in 12 months time. In the long-term, the Colombia Leading Economic Index is projected to trend around 3.60 percent in 2020, according to our econometric models.

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Colombia Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.30 9.80 -1.60 2001 - 2019 percent Monthly
2015=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-22 07:00 PM ISE Economic Activity YoY Aug 3.4% 3.6% 3.2%
2019-11-18 11:00 PM ISE Economic Activity YoY Sep 2.7% 3.3% 2.9%
2019-12-23 07:00 PM ISE Economic Activity YoY Oct 3.2% 2.7% 3.1%
2020-01-22 07:00 PM ISE Economic Activity YoY Nov 2.9% 3.3% 2.9%
2020-02-14 07:00 PM ISE Economic Activity YoY Dec 2.9% 2.7%


News Stream
2019-12-23
Colombia Economic Activity Gains Steam
The economy of Colombia grew 3.2 percent year-on-year in October of 2019, slowing from a 2.7 percent expansion in September. It is the fastest growth in three months. Considering the first ten months of the year, economic activity advanced 3.2 percent, compared to 2.6 percent in the same period of 2018. On a seasonally-adjusted monthly basis, economic activity expanded 0.8 percent, after a 0.7 percent drop in September.

2019-11-19
Colombian Economy Expands the Least in 5 Months
The economy of Colombia grew 2.7 percent year-on-year in September of 2019, slowing from a downwardly revised 3.3 percent expansion in August. It is the lowest growth rate in five months. Considering the first nine months of the year, economic activity advanced 3.2 percent, the same as in January-August. On a seasonally-adjusted monthly basis, economic activity shrank 0.8 percent, after a 0.1 percent drop in August.

2019-10-22
Colombia Economic Activity Growth Slows in August
The economy of Colombia grew 3.4 percent year-on-year in August 2019, slowing from a downwardly revised 3.6 percent expansion in the previous month. Considering the first eight months of the year, economic activity advanced 3.1 percent, the same rate of the previous month. On a seasonally-adjusted monthly basis, economic activity rose 0.3 percent, easing from a 0.8 percent growth in July.

2019-07-22
Colombia Economic Activity Expands 3.1% YoY in May
The economy of Colombia grew 3.1 percent year-on-year in May 2019, rising from a 2.1 percent expansion in the previous month. It was the fastest growth in three months. Economic activity expanded 2.70 percent in the first five months of 2019, up from 2.38 percent in the same period of the previous year.


Colombia Leading Economic Index
In Colombia, the leading economic index ISE summarizes the activity of different economic sectors in a given month, anticipating future movements in GDP. The index aggregates the dynamics in economic activities such as production in industry, agriculture and other sectors, accounting for 78.8 percent of total index while dynamics of certain products such as rice, fruit, milk, footwear and drinks account for the remaining 21.2 percent.