Colombia Crude Oil Production - Forecast

Crude Oil Production in Colombia is expected to be 851.30 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Colombia to stand at 851.32 in 12 months time. In the long-term, the Colombia Crude Oil Production is projected to trend around 851.32 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Colombia Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -0.7 -0.5 -0.5 -0.6 -0.62 -0.6
Exports 3.61 9 10.1 3.58 3.58 7.4
Imports 4.35 3.5 4.7 5.3 4.41 4.2
Current Account -3215 -1800 -2000 -2200 -2300 -2300
Current Account to GDP -3.3 -2.6 -2.7 -2.7 -2.7 -2.8
External Debt 126782 127000 127100 127150 127200 127000
Foreign Direct Investment 3662 3184 3297 3308 3282 3295
Capital Flows -3032 -2477 -2712 -2825 -2716 -2710
Remittances 529 490 522 521 521 540
Gold Reserves 12.8 12.81 12.92 12.91 12.92 12.92
Crude Oil Production 851 851 851 851 851 851
Terms Of Trade 142 94.86 92.99 92.8 92.78 92.27
Terrorism Index 5.6 6 5.9 5.9 5.9 5.9