The economy of Colombia shrank 7.3 percent year-on-year in September of 2020, following a downwardly revised 10.4 percent decline in the previous month. It was the softest contraction in economic activity since March, as the economy gradually recovers from the pandemic shock. The services sector contracted 5.4 percent, less than a 9.5 percent slump in August. Also, industrial activities declined 12.9 percent, following a 14.8 percent contraction. Meanwhile, primary activities decreased 9.1 percent, faster than an 8.2 percent fall in the previous month. On a monthly basis, economic activity advanced 3.4 percent, after a downwardly revised 1.1 percent fall in August. source: Dane, Colombia

Leading Economic Index in Colombia averaged 3.57 percent from 2001 until 2020, reaching an all time high of 9.10 percent in August of 2011 and a record low of -20.50 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 December of 2020.

Leading Economic Index in Colombia is expected to be -5.80 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 4.50 in 12 months time. In the long-term, the Colombia Leading Economic Index is projected to trend around 3.90 percent in 2021 and 3.60 percent in 2022, according to our econometric models.

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Colombia Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
-7.30 -10.40 9.10 -20.50 2001 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-14 07:00 PM ISE Economic Activity YoY Jun -11.1% -16.2% -10%
2020-09-22 07:00 PM ISE Economic Activity YoY Jul -9.55% -11.0% -6%
2020-10-22 07:00 PM ISE Economic Activity YoY Aug -10.6% -9.6% -10.5%
2020-11-17 04:20 PM ISE Economic Activity YoY Sep -7.3% -10.4% -8.5%
2020-12-23 07:00 PM ISE Economic Activity YoY Oct -7.3%
2021-01-22 07:00 PM ISE Economic Activity YoY Nov
2021-02-15 07:00 PM ISE Economic Activity YoY Dec
2021-03-19 08:30 PM ISE Economic Activity YoY Jan


News Stream
Colombia Economic Activity Shrinks at Softer Pace in September
The economy of Colombia shrank 7.3 percent year-on-year in September of 2020, following a downwardly revised 10.4 percent decline in the previous month. It was the softest contraction in economic activity since March, as the economy gradually recovers from the pandemic shock. The services sector contracted 5.4 percent, less than a 9.5 percent slump in August. Also, industrial activities declined 12.9 percent, following a 14.8 percent contraction. Meanwhile, primary activities decreased 9.1 percent, faster than an 8.2 percent fall in the previous month. On a monthly basis, economic activity advanced 3.4 percent, after a downwardly revised 1.1 percent fall in August.
2020-11-17
Colombia Economic Activity Falls Further
The economy of Colombia shrank 10.6 percent year-on-year in August 2020 following a 9.6 percent decline in the previous month, suffering a setback as the coronavirus pandemic continued to weigh heavily. Industrial activities plunged 12.1 percent, less than a 12.5 percent contraction in July. In contrast, the services sector shrank 10.1 percent, following a 9.4 percent slump. Also, primary activities declined 11.6 percent, following a 7.2 percent contraction. On a monthly basis, economic activity shrank 1.2 percent in August following a 2.2 percent expansion in July.
2020-10-22
Colombia Economic Activity Contracts at a Softer Pace in July
The economy of Colombia shrank 9.6 percent year-on-year in July 2020, following a downwardly revised 11.0 percent decline in the previous month and recovering further from April's all-time low of a 20.2 percent drop amid the easing of coronavirus lockdown restrictions. Industrial activities plunged 12.5 percent, less than a 12.7 percent contraction in June; and the services sector shrank 9.3 percent, following an 11.1 percent slump. Also, primary activities declined 6.4 percent, following a 7.3 percent contraction. On a monthly basis, economic activity expanded 2.6 percent in July, easing from a 5.4 percent growth in June.
2020-09-22
Colombia Economic Activity Sinks 11.1% YoY
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.
2020-08-14

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.