The Industrial Confidence Index in Colombia decreased further to 1.3 in October 2018 from 3.8 in the previous month. It is the weakest reading since May, as expectations regarding production for the next three months deteriorated (21.0 from 33.3 in September) and inventories went down (1.6 from 6.0). In spite of this, the current level of orders increased (-15.5 from -15.8). Business Confidence in Colombia averaged 0.95 Index Points from 2009 until 2018, reaching an all time high of 12.70 Index Points in February of 2011 and a record low of -15.96 Index Points in June of 2009.

Business Confidence in Colombia is expected to be -1.00 Index 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 4.50 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 5.40 Index Points in 2020, according to our econometric models.

Colombia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-23 03:50 PM Business Confidence 5.0 2.4 0.6
2018-09-26 03:25 PM Business Confidence 5.3 5.0 4.7
2018-10-24 04:15 PM Business Confidence 3.8 5.3 5.5
2018-11-21 02:30 PM Business Confidence 1.3 3.8 1.4
2018-12-21 03:00 PM Business Confidence 1.3 -4
2019-01-25 01:55 PM Business Confidence -1
2019-02-22 02:00 PM Business Confidence


Colombia Business Last Previous Highest Lowest Unit
Business Confidence 1.30 3.80 12.70 -15.96 Index Points [+]
Industrial Production 2.90 4.20 17.70 -22.70 percent [+]
Total Vehicle Sales 13107.00 13983.00 19788.00 2234.00 Cars [+]
Car Registrations 21502.00 21370.00 40393.00 16740.00 [+]
Leading Economic Index 2.33 3.27 9.57 -1.50 percent [+]
Internet Speed 5523.06 5397.03 5523.06 572.73 KBps [+]
IP Addresses 5185338.00 5082089.00 7795504.00 880124.00 IP [+]
Steel Production 100.00 90.00 140.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 51.60 52.00 54.30 45.40 [+]
Cement Production 1107100.00 1083220.00 1217290.00 508774.00 Tonnes [+]
Competitiveness Index 61.63 61.52 61.63 4.04 Points [+]
Competitiveness Rank 60.00 57.00 74.00 57.00 [+]
Capacity Utilization 80.23 81.29 85.30 63.90 percent [+]
Corruption Index 37.00 37.00 40.00 22.00 Points [+]
Corruption Rank 96.00 90.00 96.00 31.00 [+]
Ease of Doing Business 65.00 59.00 65.00 37.00 [+]


Colombia Business Confidence

In Colombia, the business confidence index (ICI), measures the level of optimism that business executives in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. The index also assesses the expectations regarding investment climate, export activity, capacity utilization and employment. The index varies on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 3.80 12.70 -15.96 2009 - 2018 Index Points Monthly




Country Last Previous
Australia 4.00 Oct/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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