Colombia Business Confidence  Forecast


Colombia Business Confidence
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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 -3.43 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.


Colombia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence -8.7 -4.9 -4.7 -4.5 -3.43 2
Industrial Production -1.9 0.4 1.2 1.4 1.7 3.4
Total Vehicle Sales 14928 13057 13441 13232 13076 12046
Car Registrations 19297 19000 22696 23173 23433 23756
Leading Economic Index 0.2 1.4 2 2.4 2.6 2.6
Internet Speed 5523 5804 5668 5750 5808 5408
IP Addresses 5185338 4670618 4739817 4628945 4661637 4469208
Steel Production 110 103 99.63 96.92 94.39 82.03
Cement Production 1082276 1046842 1040348 1033061 1024921 965286
Competitiveness Index 4.29 4.28 4.28 4.28 4.28 4.26
Competitiveness Rank 66 66 66 66 66 69
Capacity Utilization 77.15 76.68 76.49 76.34 76.22 75.7
Corruption Index 37 36 36 36 36 34
Corruption Rank 90 89 88 88 88 87
Ease of Doing Business 59 53 53 53 52 51