Colombia Business Confidence - Forecast

Business Confidence in Colombia is expected to be 0.60 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 3.30 in 12 months time. In the long-term, the Colombia Business Confidence is projected to trend around 3.50 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Colombia Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 2.4 0.6 2 3 3.3 3.5
Industrial Production 1.3 -0.6 1.7 -0.4 7.24 2.8
Total Vehicle Sales 11800 12526 13041 12436 12427 12421
Car Registrations 20522 19494 19500 19500 19499 19499
Leading Economic Index 2.9 2.6 2.7 2.8 2.9 2.8
Internet Speed 5523 6141 6262 6367 6509 7796
IP Addresses 5185338 4766838 4579935 4693934 4548981 4532621
Steel Production 90 102 101 101 101 101
Cement Production 990843 1110000 1150000 1120000 1100000 1300000
Competitiveness Index 4.29 4.28 4.28 4.3 4.3 4.2
Competitiveness Rank 66 66 66 68 68 67
Capacity Utilization 80.19 79.75 79.71 79.72 79.72 79.72
Corruption Index 37 37 37 37 37 37
Corruption Rank 96 88 88 95 95 99
Ease of Doing Business 59 62 62 64 64 65