Colombia Business Confidence  Forecast


Business Confidence in Colombia is expected to be -4.90 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 -1.22 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 2.00 in 2020, according to our econometric models.


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Colombia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence -1.9 -4.9 -4.7 -4.5 -1.22 2
Industrial Production -3.1 2.2 2.5 2.5 2.7 2.8
Total Vehicle Sales 13350 13057 12741 12574 12450 11652
Car Registrations 20901 19000 23039 23397 23592 23822
Leading Economic Index 3 1.8 2 2.4 2.6 2.6
Steel Production 110 98.78 95.77 93.53 91.35 80.79
Cement Production 1034804 1026871 1020038 1011819 1004346 947505
Competitiveness Index 4.29 4.28 4.28 4.28 4.28 4.26
Competitiveness Rank 66 66 66 66 66 69
Capacity Utilization 77.6 76.68 76.49 76.34 76.21 75.7
Corruption Index 37 36 36 36 36 34
Corruption Rank 90 89 88 88 88 87
Ease of Doing Business 53 47 47 47 47 45