The economy of Colombia shrank 3.5 percent year-on-year in February 2021, after declining a revised 4.3 percent in the previous month. Production decreased at a softer rate for industrial (-7.3 percent vs -9.8 percent in January) and services activities (-1.6 percent vs -2.4 percent). Meanwhile, primary activities plunged 8.5 percent, following a 7.8 percent drop in the prior month. On a monthly basis, economic activity rebounded 2.5 percent from a 1.1 percent drop in January. source: Dane, Colombia
Leading Economic Index in Colombia averaged 3.41 percent from 2001 until 2021, reaching an all time high of 9.10 percent in August of 2011 and a record low of -21.70 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 May of 2021.
Leading Economic Index in Colombia is expected to be 9.50 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 2.40 in 12 months time. In the long-term, the Colombia Leading Economic Index is projected to trend around 3.90 percent in 2022 and 3.60 percent in 2023, according to our econometric models.