Manufacturing production in Colombia fell 0.8 percent year-on-year in December 2018, following a 4.7 percent gain in the previous month. It was the fist decline in industrial output since March, as production dropped for coke and refined oil products (-7.6 percent vs 11.6 percent in November); machinery & equipment (-16.2 percent vs 12.9 percent); clothing (-12.1 percent vs 12 percent); and other food products (-8.9 percent vs 0.8 percent). Also, output declined further for detergents & perfumes (-12.1 percent vs -1.7 percent) and rose at a softer pace for paper & paper products (9.8 percent vs 15.5 percent). On a seasonally adjusted monthly basis, manufacturing output went down 3.6 percent, after decreasing 0.6 percent in the prior month. Considering full 2018, manufacturing production advanced 2.9 percent, following a 0.5 percent fall in 2017. 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 -0.40 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 2.40 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
width
height
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.


Calendar GMT Actual Previous Consensus TEForecast
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 4.7% 5.4%
2019-02-14 03:00 PM Industrial Production YoY -0.8% 4.7% 1.7%
2019-03-14 03:00 PM Industrial Production YoY -0.8%
2019-04-12 03:00 PM Industrial Production YoY
2019-05-14 03:00 PM Industrial Production YoY -0.4%


Colombia Business Last Previous Highest Lowest Unit
Business Confidence -1.10 -4.30 12.70 -15.96 Index Points [+]
Industrial Production -0.80 4.70 17.70 -22.70 percent [+]
Total Vehicle Sales 13887.00 16417.00 19788.00 2234.00 Cars [+]
Car Registrations 26245.00 21496.00 40393.00 16399.00 [+]
Leading Economic Index 2.24 2.31 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 101.00 108.00 133.00 29.00 Thousand Tonnes [+]
Manufacturing Pmi 51.50 51.60 54.30 45.40 [+]
Cement Production 1089381.00 1094297.69 1209660.26 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 36.00 37.00 40.00 22.00 Points [+]
Corruption Rank 99.00 96.00 99.00 31.00 [+]
Ease of Doing Business 65.00 59.00 65.00 37.00 [+]
Industrial Production Mom -3.60 -0.60 15.50 -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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 4.70 17.70 -22.70 1981 - 2018 percent Monthly
2014=100, NSA




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 1.40 Sep/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


Related

Latest