Colombia Business Confidence  2009-2017 | Data | Chart | Calendar

The Industrial Confidence Index in Colombia declined to -8.7 in October of 2017 from -3.4 in the previous month. It was the worst reading since May, mainly due to a sharp fall in production expectations (7.1 from 28.3 in September). Meanwhile, the current level of orders improved (-26.1 from -31.3) and inventories dropped slightly (7.1 from 7.2). When adjusted for seasonal factors, industrial confidence went down by 1.2. Business Confidence in Colombia averaged 0.98 from 2009 until 2017, reaching an all time high of 12.70 in February of 2011 and a record low of -15.96 in June of 2009.

Colombia Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-27 08:45 PM Business Confidence -1.9 -5.9 -5.3
2017-10-26 02:10 PM Business Confidence -3.4 -1.9 -4
2017-11-23 01:55 PM Business Confidence -8.7 -3.4 -4
2017-12-21 03:00 PM Business Confidence -8.7 -6.52


Colombia Business Last Previous Highest Lowest Unit
Business Confidence -8.70 -3.40 12.70 -15.96 [+]
Industrial Production -1.90 -2.90 17.70 -22.70 percent [+]
Total Vehicle Sales 14928.00 13350.00 19788.00 2234.00 Cars [+]
Car Registrations 19297.00 20901.00 40393.00 16740.00 Cars [+]
Leading Economic Index 0.20 1.20 8.50 -1.30 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 105.00 110.00 140.00 29.00 Thousand Tonnes [+]
Cement Production 1025617.00 1034804.00 1209660.26 508774.00 Tonnes [+]
Competitiveness Index 4.29 4.30 4.30 4.04 Points [+]
Competitiveness Rank 66.00 61.00 74.00 61.00 [+]
Capacity Utilization 77.60 76.10 85.30 63.90 percent [+]
Corruption Index 37.00 37.00 40.00 22.00 Points [+]
Corruption Rank 90.00 83.00 94.00 31.00 [+]
Ease of Doing Business 59.00 53.00 59.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-8.70 -3.40 12.70 -15.96 2009 - 2017 Monthly




business confidence by Country
Country Last
Australia 8.00 Oct/17
Brazil 56.50 Nov/17
Canada 63.80 Oct/17
China 51.60 Oct/17
Euro Area 1.44 Oct/17
France 112.00 Nov/17
Germany 116.70 Oct/17
India 64.10 Mar/17
Indonesia 112.39 Sep/17
Italy 111.00 Oct/17
Japan 22.00 Sep/17
Mexico 49.44 Oct/17
Netherlands 8.20 Oct/17
Russia -3.00 Oct/17
South Korea 81.00 Oct/17
Spain 2.50 Oct/17
Switzerland 109.10 Oct/17
Turkey 109.50 Oct/17
United Kingdom -11.00 Dec/17
United States 58.70 Oct/17