Manufacturing production in Colombia advanced by 4.5% over a year earlier in November of 2022, following a 5.4% rise in the previous month and beating market estimates of a 4.1% increase. It was the 22nd consecutive month of growth in industrial output, as 24 out of 39 activities registered increases, mainly the manufacture of autos (57.7%); steel products (21.1%); pharmaceutical and chemical medicinal goods (15.1%) and soaps, detergents, perfumes and toilet preparations (13.5%). On a seasonally adjusted monthly basis, manufacturing output was up 0.3%, following a downwardly revised 0.2% decrease in the prior month. source: DANE, Colombia

Industrial Production in Colombia averaged 2.59 percent from 1981 until 2022, reaching an all time high of 63.90 percent in April of 2021 and a record low of -35.80 percent in April of 2020. This page provides the latest reported value for - Colombia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Industrial Output - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Industrial Production in Colombia is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Industrial Output is projected to trend around 2.00 percent in 2024, according to our econometric models.

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Colombia Industrial Output



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 03:00 PM Oct 5.3% 6.9% 7.6%
2023-01-17 03:00 PM Nov 4.5% 5.3% 4.1% 3.0%
2023-02-14 02:00 PM Dec 4.1% 1.8%


Related Last Previous Unit Reference
Industrial Production 4.50 5.30 percent Nov 2022
Total Vehicle Sales 9829.00 10763.00 Units Nov 2022
Leading Economic Index 4.60 4.40 percent Oct 2022
Industrial Production Mom 0.30 -0.20 percent Nov 2022
Cement Production 1193547.55 1249315.38 Tonnes Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 5.30 63.90 -35.80 1981 - 2022 percent Monthly
2014=100, NSA

News Stream
Colombia Industrial Output Growth Tops Forecasts
Manufacturing production in Colombia advanced by 4.5% over a year earlier in November of 2022, following a 5.4% rise in the previous month and beating market estimates of a 4.1% increase. It was the 22nd consecutive month of growth in industrial output, as 24 out of 39 activities registered increases, mainly the manufacture of autos (57.7%); steel products (21.1%); pharmaceutical and chemical medicinal goods (15.1%) and soaps, detergents, perfumes and toilet preparations (13.5%). On a seasonally adjusted monthly basis, manufacturing output was up 0.3%, following a downwardly revised 0.2% decrease in the prior month.
2023-01-17
Colombian Industrial Factory Slows in October
Manufacturing production in Colombia rose by 5.3 percent over a year earlier in October of 2022, slowing from the 6.9 percent growth in the previous month. Still, the result marked the 21st consecutive month of expansion in factory production, supported by higher output of beverages (9.1 percent), vehicles and engines (91.6 percent), chemicals and chemical products (14.5 percent), and soaps, detergents, and perfumes (10.4 percent). On a seasonally adjusted monthly basis, factory output fell by 0.6 percent.
2022-12-15
Colombia Manufacturing Output Eases to 6.9% in September
Manufacturing production in Colombia increased 6.9 percent year-on-year in September of 2022, easing from a 9.1 percent rise in the previous month. In September, 28 out of 39 activities registered increases, mostly beverages (7.9 percent); clothing (20.1 percent); pharmaceutical and chemical medicinal goods (13.7 percent) and coking, oil refining, and fuel blending (10.2 percent).
2022-11-11