The industrial confidence index in Colombia eased to 15.6 in August of 2021 from 16.3 in the prior month, which was the highest since February of 2007. The indicator measuring the current level of orders declined (-0.7 vs 1.0 in July) and the stock of finished goods rose (-4.8 vs -6). Meanwhile, output expectations for the next quarter improved (42.8 vs 41.9). source: Fedesarrollo
Business Confidence in Colombia averaged -0.13 points from 1980 until 2021, reaching an all time high of 20.33 points in July of 1992 and a record low of -35.80 points in April of 2020. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Business Confidence in Colombia is expected to be 6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Business Confidence is projected to trend around 5.50 points in 2022 and 6.50 points in 2023, according to our econometric models.