Manufacturing production in Colombia rose 1.5 percent over a year earlier in December of 2020, following a 0.2 percent decrease in the previous month. It was the first increase in industrial activity since February before the pandemic. In December, 26 out of 39 activities registered gains, in particular the manufacture other food products (9.6 percent); non-metallic mineral products (5.9 percent); metal products (12.2 percent); electric equipment & apparatus (10.6 percent). In 2020, industrial activity plunged 8 percent over a year earlier. source: DANE, Colombia
Industrial Production in Colombia averaged 2.01 percent from 1981 until 2020, reaching an all time high of 17.70 percent in March of 1998 and a record low of -35.80 percent in April of 2020. This page provides the latest reported value for - Colombia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Industrial Output - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Industrial Production in Colombia is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Colombia to stand at 4.00 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 3.60 percent in 2022, according to our econometric models.