The industrial confidence index in Colombia rose 4.5 points from the previous month to 8.2 in February of 2021, the highest reading since the pandemic began one year ago, with all three components having increased favourably. The current volume of orders increased 9.4 points (-11.5 vs -20.9 in January), the level of stocks by 2.1 points (-0.4 vs -2.5), and output expectations by 6.3 points (35.7 vs 29.4). source: Fedesarrollo
Business Confidence in Colombia averaged -0.22 points from 1980 until 2021, reaching an all time high of 20.33 points in July of 1992 and a record low of -35.80 points in April of 2020. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Business Confidence in Colombia is expected to be 4.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Colombia to stand at 5.50 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 5.50 points in 2022 and 6.50 points in 2023, according to our econometric models.