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.

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Colombia Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
11.10 -16.20 11.10 -20.10 2001 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-15 07:00 PM ISE Economic Activity YoY Mar -4.9% 4.6% -1.5%
2020-06-23 07:15 PM ISE Economic Activity YoY Apr -20.1% -4.8% -8%
2020-07-17 04:00 PM ISE Economic Activity YoY May -16.7% -20.1% -15%
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 -11.1% -6%
2020-10-22 07:00 PM ISE Economic Activity YoY Aug
2020-11-17 07:00 PM ISE Economic Activity YoY Sep -0.5%
2020-12-23 07:00 PM ISE Economic Activity YoY Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Economic Activity Shrinks at Second Fastest Pace on Record
The economy of Colombia shrank 16.7 percent year-on-year in May 2020, following a record 20.1 percent slump in the previous month, as ongoing restrictions to curb the spread of the coronavirus pandemic hit production. Industrial activities plunged 32 percent, after shrinking 50 percent in April; and the services sector contracted 13.3 percent, following a 14.2 percent slump. Also, primary activities declined 12.9 percent, faster than a 12.4 percent contraction.
2020-07-17
Colombia Economic Activity Contracts at Record Pace
The economy of Colombia shrank 20.1 percent year-on-year in April 2020, after declining a downwardly revised 4.8 percent in the previous month. It was the sharpest contraction in economic activity on record amid business closures and lockdowns due to the coronavirus pandemic. Industrial activities slumped 50.1 percent, after a 9.7 percent decline in March; the services sector shrank 13.3 percent, faster than a 4.3 percent fall; and primary activities plunged 13.8 percent, following a 1.3 percent drop.
2020-06-23
Colombia Economic Activity Contracts the Most on Record
The economy of Colombia shrank 4.9 percent year-on-year in March 2020, after expanding a downwardly revised 4.6 percent in the previous month. It was the sharpest contraction in economic activity on record amid the coronavirus crisis. Retail & wholesale trade (-12.7 percent vs 10.2 percent in February); manufacturing (-10.4 percent vs 5.0 percent); mining (-9.9 percent vs 5.3 percent); financial activities (-7.9 percent vs 5 percent); entertainment (-11.6 percent vs 1.5 percent); and professional & scientific activities (-0.4 percent vs 4.6 percent) shrank. In addition, growth slowed in agriculture, forestry & fishing (5.6 percent vs 8.4 percent); information & communications (0.5 percent vs 3 percent); real estate (1.9 percent vs 2.8 percent); public administration & defense (1.5 percent vs 2.9 percent) and utilities (0.3 percent vs 6.5 percent).
2020-05-15

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.