Manufacturing production in Colombia surged 5.8 percent year-on-year in October 2018, following a 2.9 percent increase in the prior month and beating market expectations of a 3.5 percent gain. It is the strongest rise in industrial activity since April. In October, of the 39 surveyed activities, a total of 35 posted gains, namely the production of: pharmaceutical products (18.2%); beverages (5.2%); coke and refined oil products (2.8%); plastic products (14%); paper and paper products (12.9%) and other chemical products (13.3%). On a seasonally adjusted monthly basis, manufacturing output went down 0.2 percent, after increasing 0.5 percent in the previous month. Considering the first ten months of 2018, manufacturing production grew 3.2 percent over a year ago. Industrial Production in Colombia averaged 2.27 percent from 1981 until 2018, reaching an all time high of 17.70 percent in March of 1998 and a record low of -22.70 percent in March of 1999.

Industrial Production in Colombia is expected to be 1.70 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 3.00 in 12 months time. In the long-term, the Colombia Industrial Output is projected to trend around 2.80 percent in 2020, according to our econometric models.

Colombia Industrial Output
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-14 03:00 PM Industrial Production YoY 3.5% 1.3% 2.8% 0.6%
2018-10-17 03:00 PM Industrial Production YoY 3.9% 3.5% 4.2% -1.4%
2018-11-14 03:00 PM Industrial Production YoY 2.9% 4.2% 4% 4.3%
2018-12-14 03:00 PM Industrial Production YoY 5.8% 2.9% 3.5% 3.2%
2019-01-18 03:00 PM Industrial Production YoY 5.8%
2019-02-14 03:00 PM Industrial Production YoY 1.70%
2019-03-14 03:00 PM Industrial Production YoY


Colombia Business Last Previous Highest Lowest Unit
Business Confidence 1.30 3.80 12.70 -15.96 Index Points [+]
Industrial Production 5.80 2.90 17.70 -22.70 percent [+]
Total Vehicle Sales 13196.00 13107.00 19788.00 2234.00 Cars [+]
Car Registrations 21502.00 21370.00 40393.00 16740.00 [+]
Leading Economic Index 2.33 3.27 9.57 -1.50 percent [+]
Internet Speed 5523.06 5397.03 5523.06 572.73 KBps [+]
IP Addresses 5185338.00 5082089.00 7795504.00 880124.00 IP [+]
Steel Production 100.00 90.00 140.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 51.60 52.00 54.30 45.40 [+]
Cement Production 1107100.00 1083220.00 1217290.00 508774.00 Tonnes [+]
Competitiveness Index 61.63 61.52 61.63 4.04 Points [+]
Competitiveness Rank 60.00 57.00 74.00 57.00 [+]
Capacity Utilization 80.23 81.29 85.30 63.90 percent [+]
Corruption Index 37.00 37.00 40.00 22.00 Points [+]
Corruption Rank 96.00 90.00 96.00 31.00 [+]
Ease of Doing Business 65.00 59.00 65.00 37.00 [+]
Industrial Production Mom -0.20 0.50 15.40 -9.00 percent [+]


Colombia Industrial Output

In Colombia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.80 2.90 17.70 -22.70 1981 - 2018 percent Monthly
2014=100, NSA




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.40 Nov/18
Euro Area 1.20 Oct/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 8.10 Oct/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.00 Oct/18
Netherlands 0.80 Oct/18
Russia 2.40 Nov/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 3.00 Oct/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -5.70 Oct/18
United Kingdom -0.80 Oct/18
United States 3.90 Nov/18


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