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.

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Colombia Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
15.60 16.30 20.33 -35.80 1980 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-23 03:00 PM May -3.2 -5.1 2.8
2021-07-16 03:00 PM Jun 5.8 -3.2 -1.5
2021-08-20 03:00 PM Jul 16.3 5.8 6.1
2021-09-20 04:00 PM Aug 15.6 16.3 15
2021-10-22 03:20 PM Sep 15.6
2021-11-18 03:00 PM Oct
2021-12-17 04:00 PM Nov


News Stream
Colombia Business Sentiment Eases from 14-Year High
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).
2021-09-20
Colombia Business Sentiment Eases in March
The industrial confidence index in Colombia eased to 6.8 in March of 2021, from a 1-year high of 8.2 in the prior month. Manufacturers were less optimistic regarding output expectations for the next quarter (27.6 from 35.7 in February) and the stock of finished products decreased further during the month (-0.9 from -0.4). Meanwhile, the indicator measuring the current volume of orders shrank at a softer pace (-8.0 from -11.5).
2021-04-16
Colombia Business Sentiment Rises to 12-Month High
The industrial confidence index in Colombia rose 4.5 points from the previous month to 8.2 in February of 2021, the highest reading since the pandemic began one year ago, with all three components having increased favourably. The current volume of orders increased 9.4 points (-11.5 vs -20.9 in January), the level of stocks by 2.1 points (-0.4 vs -2.5), and output expectations by 6.3 points (35.7 vs 29.4).
2021-03-18
Colombia Business Confidence Rises to 4-Month High
The industrial confidence index in Colombia rose to 3.7 in January of 2021, the highest reading since September of 2020, from -1.6 in the previous month. Output expectations for the next quarter improved sharply (29.4 from 10.6 in December) and the stock of finished products decreased further (-2.5 from -0.4). Meanwhile, the indicator measuring the current level of orders continued to plunge (-20.9 from -15.8).
2021-02-24

Colombia Business Confidence
In Colombia, the business confidence index (ICI), measures the level of optimism that business executives in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. The index also assesses the expectations regarding investment climate, export activity, capacity utilization and employment. The index varies on a scale of -100 to 100, where -100 indicates an extreme lack of confidence, 0 neutrality and 100 extreme confidence.