Colombia Business Confidence - Forecast

Business Confidence in Colombia is expected to be -4.70 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 -5.00 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 2.00 Index Points in 2020, according to our econometric models.


Colombia Business Confidence
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Colombia Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence -4.8 -4.7 -4.5 -3.01 -5 2
Industrial Production -0.8 1.2 1.4 1.7 2 3.4
Total Vehicle Sales 12674 12527 12375 12254 13041 11332
Car Registrations 17215 19611 21053 21912 22463 23438
Leading Economic Index 1.3 2 2.4 2.6 2.4 2.6
Internet Speed 5523 5668 5750 5808 5717 5205
IP Addresses 5185338 4739817 4628945 4661637 4594931 4418810
Steel Production 105 101 98.25 95.6 93.31 80.11
Cement Production 1020362 1021364 1015039 1007217 999994 930844
Competitiveness Index 4.29 4.28 4.28 4.28 4.28 4.26
Competitiveness Rank 66 66 66 66 66 67
Capacity Utilization 78.03 77.16 76.9 76.69 76.51 75.84
Corruption Index 37 37 36 36 36 34
Corruption Rank 90 88 88 88 88 87
Ease of Doing Business 59 53 53 53 52 49