Manufacturing production in Colombia rose 8.6 percent over a year earlier in May of 2021, sharply slowing from an upwardly revised 63.9 percent surge in April and largely missed market expectations of a 32.3 percent jump. Main upward pressure came from manufacturing of beverages (30.2 percent); clothing (144.1 percent); non-metallic mineral products (47.8 percent); refined petroleum products and coke (32.9 percent); iron and steel (73.9 percent); and other chemical products (27.2 percent). In contrast, the largest negative contribution came from manufacturing of soap, detergent & perfumes (-31.5 percent). On a seasonally-adjusted monthly basis, manufacturing production slumped 22.1 percent, following a 1.1 percent decline in April. source: DANE, Colombia

Industrial Production in Colombia averaged 2.18 percent from 1981 until 2021, reaching an all time high of 63.70 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 July of 2021.

Industrial Production in Colombia is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Colombia to stand at 2.00 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 3.50 percent in 2022 and 3.60 percent in 2023, according to our econometric models.

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Colombia Industrial Output

Actual Previous Highest Lowest Dates Unit Frequency
8.60 63.90 63.90 -35.80 1981 - 2021 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-15 03:10 PM Feb 0.6% -1.6% -0.8%
2021-05-13 03:00 PM Mar 20.7% 0.6% 3.5%
2021-06-15 03:00 PM Apr 63.7% 20.7% 25%
2021-07-15 03:15 PM May 8.6% 63.9% 32.3% 45%
2021-08-12 03:00 PM Jun 8.6%
2021-09-15 03:00 PM Jul
2021-10-15 03:00 PM Aug
2021-11-11 03:00 PM Sep


News Stream
Colombia Industrial Output Largely Misses Expectations
Manufacturing production in Colombia rose 8.6 percent over a year earlier in May of 2021, sharply slowing from an upwardly revised 63.9 percent surge in April and largely missed market expectations of a 32.3 percent jump. Main upward pressure came from manufacturing of beverages (30.2 percent); clothing (144.1 percent); non-metallic mineral products (47.8 percent); refined petroleum products and coke (32.9 percent); iron and steel (73.9 percent); and other chemical products (27.2 percent). In contrast, the largest negative contribution came from manufacturing of soap, detergent & perfumes (-31.5 percent). On a seasonally-adjusted monthly basis, manufacturing production slumped 22.1 percent, following a 1.1 percent decline in April.
2021-07-15
Colombia Industrial Output Soars 63.7%
Manufacturing production in Colombia jumped 63.7 percent over a year earlier in April of 2021, following a 20.7 percent gain in the previous month. It was the highest reading on record, with the largest positive contribution coming from the preparation of beverages (169.8 percent).
2021-06-15
Colombia Industrial Production Rebounds in February
Manufacturing production in Colombia edged up 0.6 percent over a year earlier in February of 2021, rebounding from a 1.6 percent drop in the previous month. Main upward pressure came from manufacturing of basic chemicals (21.0 percent); electric equipment & appliances (15.9 percent); non-metallic mineral products (4.4 percent); plastic products (5.6 percent); other manufacturing industries (20.7 percent); other food products (5.6 percent). In contrast, the largest negative contribution came from manufacturing of soap, detergent & perfumes (-6.7 percent). On a seasonally-adjusted monthly basis, manufacturing production rebounded to 2.8 percent, after a 0.3 percent decline in January.
2021-04-15
Colombia Industrial Output Shrinks in January
Manufacturing production in Colombia fell 1.6 percent over a year earlier in January of 2021, following an upwardly revised 1.6 percent increase in the previous month. It was the sharpest contraction in industrial activity since October of 2020, with main downward pressure from automotive engine & vehicle manufacturing (-48.3 percent); iron & steel industries (-17.0 percent); production of beverages (-2.2 percent); production of milling products, starches & derivatives (-11.3 percent); coke & oil refineries (-3.6 percent); and printing activities (-16.6 percent). In contrast, the largest positive contribution came from manufacturing of basic chemicals (13.9 percent).
2021-03-15

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.