Colombia Business Confidence - Forecast

Business Confidence in Colombia is expected to be 6.00 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 6.20 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 6.30 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Colombia Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 5.3 6 5.6 6 6.2 6.3
Industrial Production 3.5 1.7 -0.4 7.2 3 2.8
Total Vehicle Sales 11076 13041 11967 11970 11970 11971
Car Registrations 19315 19214 19227 19228 19228 19228
Leading Economic Index 1.9 2.7 2.8 2.8 2.9 2.8
Internet Speed 5523 6262 6367 6509 6646 7796
IP Addresses 5185338 4579935 4693934 4548981 4654391 4532621
Steel Production 90 99.78 98.42 98.62 98.65 98.63
Manufacturing Pmi 52.8 53.8 54 54.2 54.4 54.6
Cement Production 1089306 1150000 1120000 1100000 1097668 1300000
Competitiveness Index 4.29 4.29 4.29 4.29 4.29 4.29
Competitiveness Rank 66 66 66 66 66 66
Capacity Utilization 81.24 80.82 80.79 80.79 80.79 80.79
Corruption Index 37 37 37 37 37 37
Corruption Rank 96 96 96 96 96 96
Ease of Doing Business 59 62 64 64 64 65