Colombia Business Confidence Growth

1981 - 2024 | Monthly | % Point | CEIC Data

Key information about Colombia Business Confidence Growth

  • Colombia Business Confidence dropped by 3.4 % in Jan 2024, compared with a decrease of 3.1 % YoY in the previous month.
  • Colombia Business Confidence: YoY Change is updated monthly, available from Jan 1981 to Jan 2024, with an averaged rate of 0.0 %.
  • The data reached an all-high of 41.8 % in Mar 2021 and a record low of -40.2 % in Apr 2020.

CEIC calculates Business Confidence Change from monthly Industrial Confidence Index. Foundation for Higher Education and Development provides monthly Industrial Confidence Index with range -100 to 100 with neutral point 0.

View Colombia's Business Confidence Growth from Jan 1981 to Jan 2024 in the chart:

Colombia Business Confidence Growth

What was Colombia's Business Confidence Growth in Jan 2024?

Colombia Business Confidence dropped by 3.4 % in Jan 2024, compared with a decrease of 3.1 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-3.4 Jan 2024 -3.1 Dec 2023 -40.2 Apr 2020 41.8 Mar 2021 % Point monthly Jan 1981 - Jan 2024

Business Confidence Growth by Country Comparison

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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) 6.2 Dec 2023 quarterly Jun 2017 - Dec 2023
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -5.0 Jan 2024 monthly Jul 2013 - Jan 2024
Austria (% Point) -12.0 Dec 2023 monthly Jan 1986 - Dec 2023
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -3.7 Feb 2024 monthly Jan 1981 - Feb 2024
Brazil (% Point) 5.0 Feb 2024 monthly Jan 2010 - Feb 2024
Bulgaria (% Point) -0.5 Feb 2024 monthly Jan 1994 - Feb 2024
Canada (% Point) -7.2 Jan 2024 monthly Dec 2001 - Jan 2024
Chile (% Point) 8.2 Feb 2024 monthly Nov 2004 - Feb 2024
China (% Point) -7.0 Feb 2024 monthly Jan 2006 - Feb 2024
Colombia (% Point) -3.4 Jan 2024 monthly Jan 1981 - Jan 2024
Croatia (% Point) -8.5 Feb 2024 monthly May 2009 - Feb 2024
Cyprus (% Point) -10.5 Feb 2024 monthly May 2003 - Feb 2024
Czech Republic (% Point) -3.9 Feb 2024 monthly Mar 1994 - Feb 2024
Denmark (% Point) 8.0 Feb 2024 monthly Jan 1999 - Feb 2024
Ecuador (% Point) -1.0 Jan 2024 monthly Feb 2011 - Jan 2024
Estonia (% Point) -6.3 Feb 2024 monthly May 2002 - Feb 2024
European Union (% Point) -8.0 Feb 2024 monthly Jan 1986 - Feb 2024
Finland (% Point) -3.4 Feb 2024 monthly Jan 1994 - Feb 2024
France (% Point) 0.8 Feb 2024 monthly Jan 1986 - Feb 2024
Georgia (% Point) -21.8 Mar 2024 quarterly Dec 2014 - Mar 2024
Germany (% Point) -14.7 Jan 2024 monthly Jan 1992 - Jan 2024
Ghana (%) 20.1 Dec 2023 monthly Dec 2013 - Dec 2023
Greece (% Point) -9.7 Feb 2024 monthly Jan 1986 - Feb 2024
Hong Kong SAR, China (% Point) -5.0 Mar 2024 quarterly Mar 2009 - Mar 2024
Hungary (% Point) -0.2 Jan 2024 monthly Jan 1997 - Jan 2024
Iceland (% Point) -6.7 Dec 2023 quarterly Dec 2003 - Dec 2023
India (% Point) -2.6 Mar 2024 quarterly Jun 2001 - Mar 2024
Indonesia (% Point) 5.3 Mar 2024 quarterly Mar 2011 - Mar 2024
Israel (% Point) -11.7 Jan 2024 monthly Jan 2016 - Jan 2024
Italy (% Point) -6.8 Feb 2024 monthly Jan 1986 - Feb 2024
Japan (% Point) 4.0 Mar 2024 quarterly Mar 2001 - Mar 2024
Kazakhstan (% Point) -2.0 Jun 2023 quarterly Mar 2009 - Jun 2023
South Korea (% Point) 9.0 Mar 2024 monthly Feb 2004 - Mar 2024
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 9.1 Feb 2024 monthly Apr 2004 - Feb 2024
Luxembourg (% Point) -5.9 Feb 2024 monthly Jan 1986 - Feb 2024
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 3.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Malta (% Point) -34.7 Feb 2024 monthly Nov 2003 - Feb 2024
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) 6.6 Jan 2024 monthly Jan 2005 - Jan 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) -5.1 Feb 2024 monthly Jan 1986 - Feb 2024
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) -9.8 Oct 2023 monthly Jul 2015 - Oct 2023
Norway (% Point) 1.9 Jan 2024 monthly Feb 2005 - Jan 2024
Palestinian Territory (% Point) -40.5 Feb 2024 monthly Apr 2014 - Feb 2024
Peru (% Point) 23.9 Jan 2024 monthly Apr 2003 - Jan 2024
Philippines (% Point) 12.1 Dec 2023 quarterly Jun 2002 - Dec 2023
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) -2.4 Feb 2024 monthly Jan 1988 - Feb 2024
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -0.1 Feb 2024 monthly Jul 1992 - Feb 2024
Russia (% Point) 2.0 Feb 2024 monthly Jan 2006 - Feb 2024
Serbia (% Point) 5.9 Feb 2024 monthly May 2014 - Feb 2024
Singapore (% Point) 1.2 Feb 2024 monthly Jan 2000 - Feb 2024
Slovakia (% Point) 5.4 Feb 2024 monthly Jan 1994 - Feb 2024
Slovenia (% Point) -4.4 Feb 2024 monthly May 1996 - Feb 2024
South Africa (% Point) 5.8 Feb 2024 monthly Sep 2000 - Feb 2024
Spain (% Point) 1.7 Feb 2024 monthly Jan 1994 - Feb 2024
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 4.6 Feb 2024 monthly Jan 2002 - Feb 2024
Switzerland (% Point) -9.8 Feb 2024 monthly Jan 1996 - Feb 2024
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) -3.6 Feb 2024 monthly Feb 2000 - Feb 2024
Turkey (% Point) -0.4 Feb 2024 monthly Jan 2008 - Feb 2024
Ukraine (% Point) 32.1 Jun 2023 quarterly Sep 2013 - Jun 2023
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 0.2 Feb 2024 monthly Jan 1949 - Feb 2024
Uruguay (% Point) -4.1 Dec 2023 monthly Oct 1999 - Dec 2023

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Colombia Key Series

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Includes 245 key indicators for Colombia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 13.8 Jun 2023 quarterly Dec 2000 - Jun 2023
Consolidated Fiscal Balance (USD mn) 36,550.902 Jun 2023 quarterly Mar 1995 - Jun 2023
Tax Revenue (USD mn) 7,675.156 Jan 2024 monthly Jan 1999 - Jan 2024
Tax Revenue: % of GDP (%) 13.1 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 226,036.5 Sep 2023 quarterly Dec 2001 - Sep 2023
Government Debt: % of GDP (%) 59.0 Sep 2023 quarterly Dec 2005 - Sep 2023
Forecast: Government Expenditure (COP bn) 710,187.230 2028 yearly 1982 - 2028
Forecast: Government Net Debt (COP bn) 1,170,066.650 2028 yearly 1996 - 2028
Forecast: Government Revenue (COP bn) 667,655.950 2028 yearly 1980 - 2028
Central Government: Revenue (COP bn) 14,579.473 Oct 2023 monthly Jan 1995 - Oct 2023
Central Government: Expenditure (COP bn) 28,000.623 Oct 2023 monthly Jan 1995 - Oct 2023
Tax Collection: Internal: VAT (COP mn) 13,194,638.604 Jan 2024 monthly Jan 1999 - Jan 2024
Tax Collection: Internal: Income Tax (COP mn) 11,693,796.599 Jan 2024 monthly Jan 1999 - Jan 2024
Tax Collection: Total (COP mn) 30,088,146.534 Jan 2024 monthly Jan 1999 - Jan 2024
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) 215,229.710 Jan 2024 monthly Jan 2000 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.416 2028 yearly 1980 - 2028
Trade Balance (USD mn) -811.3 Dec 2023 monthly Jan 1958 - Dec 2023
Total Exports (USD mn) 3,745.7 Jan 2024 monthly Jan 1970 - Jan 2024
Total Exports Growth (%) 1.3 Jan 2024 monthly Jan 1971 - Jan 2024
Aluminum: Exports (USD th) 60,040.101 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 361,386.398 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 56,465.291 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,256.7 Dec 2023 monthly Jan 1980 - Dec 2023
Total Imports Growth (%) -10.2 Dec 2023 monthly Jan 1981 - Dec 2023
Imports: Medicament (USD th) 2,136,175.945 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,809,154.500 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 959.627 Jan 2024 monthly Jan 2008 - Jan 2024
Total Imports from USA (USD mn) 1,206.864 Jan 2024 monthly Jan 1981 - Jan 2024
Total Exports to China (USD mn) 242.644 Jan 2024 monthly Jan 2008 - Jan 2024
Total Imports from China (USD mn) 1,282.522 Jan 2024 monthly Jun 1988 - Jan 2024
Trade Balance: ytd: Total (USD mn) -9,902.411 Dec 2023 monthly Jan 2006 - Dec 2023
Terms of Trade Index (2000=100) 122.582 Jan 2024 monthly Jan 1980 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 644.8 Dec 2023 quarterly Mar 1996 - Dec 2023
Current Account Balance (USD mn) -2,293.1 Dec 2023 quarterly Mar 1996 - Dec 2023
Current Account Balance: % of GDP (%) -2.3 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Direct Investment (USD mn) 3,946.2 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Direct Investment: % of GDP (%) 3.9 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Portfolio Investment (USD mn) 2,098.116 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 2.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -60.4 Dec 2023 quarterly Mar 1996 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,158.524 Dec 2023 quarterly Mar 1996 - Dec 2023
External Debt (USD mn) 193,907.8 Nov 2023 monthly Jan 2001 - Nov 2023
External Debt: % of GDP (%) 53.1 2022 yearly 1970 - 2022
External Debt: Short Term (USD mn) 30,608.0 Mar 2023 monthly Oct 1999 - Mar 2023
External Debt: Short Term: % of GDP (%) 8.6 2022 yearly 1970 - 2022
Forecast: Current Account Balance (USD bn) -17.763 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -192,316.208 Dec 2023 quarterly Mar 2000 - Dec 2023
CO: BoP: Current Account: Goods (USD mn) -12,177.549 2022 yearly 1968 - 2022
CO: BoP: Current Account: Goods: Credit (USD mn) 59,474.152 2022 yearly 1968 - 2022
CO: BoP: Current Account: Services (USD mn) -4,407.448 2022 yearly 1968 - 2022
CO: BoP: Current Account: Primary Income: Credit (USD mn) 6,974.195 2022 yearly 1968 - 2022
CO: BoP: Current Account: Services: Credit (USD mn) 13,627.092 2022 yearly 1968 - 2022
CO: BoP: Current Account: Goods: Debit (USD mn) 71,651.701 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Direct Investment: Assets (USD mn) 3,383.239 2022 yearly 1968 - 2022
CO: BoP: Current Account: Secondary Income: Debit (USD mn) 1,372.931 2022 yearly 1968 - 2022
CO: BoP: Current Account: Primary Income (USD mn) -17,056.514 2022 yearly 1968 - 2022
CO: BoP: Current Account: Primary Income: Debit (USD mn) 24,030.709 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Financial Derivatives & Employee Stock Options: Liab... (USD mn) -1,304.508 2022 yearly 1994 - 2022
CO: BoP: Financial Account: Other Investment: Assets (USD mn) 4,084.407 2022 yearly 1968 - 2022
CO: BoP: Current Account: Credit (USD mn) 93,756.618 2022 yearly 1968 - 2022
CO: BoP: Current Account (USD mn) -21,333.263 2022 yearly 1968 - 2022
CO: BoP: Current Account: Debit (USD mn) 115,089.880 2022 yearly 1968 - 2022
CO: BoP: Current Account: Secondary Income: Credit (USD mn) 13,681.179 2022 yearly 1968 - 2022
CO: BoP: Current Account: Secondary Income (USD mn) 12,308.247 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Direct Investment: Liabilities (USD mn) 17,182.521 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Portfolio Investment (USD mn) 427.001 2022 yearly 1968 - 2022
CO: BoP: Financial Account (USD mn) -20,466.224 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Portfolio Investment: Liabilities (USD mn) 2,879.826 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) -551.034 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 3,430.860 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Other Investment: Liabilities (USD mn) 12,572.582 2022 yearly 1968 - 2022
CO: BoP: Net Errors & Omissions (USD mn) 867.039 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Official Reserve Assets (USD mn) 570.891 2022 yearly 1968 - 2022
CO: BoP: Financial Account: Other Investment (USD mn) -8,488.175 2022 yearly 1968 - 2022
CO: IIP: Liabilities (USD mn) 411,151.729 2022 yearly 1980 - 2022
BoP: BPM6: Financial Account: Other Investment (USD mn) -2,561.420 Dec 2018 quarterly Mar 2000 - Dec 2018
BoP: BPM6: Current Account: Goods & Services: Goods: Credit (USD mn) 13,093.167 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Goods & Services: Services (USD mn) -267.100 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Goods & Services: Services: Debit (USD mn) 4,309.169 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account (USD mn) -1,621.189 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Goods & Services: Goods: Debit (USD mn) 14,962.281 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Goods & Services: Goods (USD mn) -1,869.114 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Errors and Omissions (USD mn) 671.946 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Goods & Services: Services: Credit (USD mn) 4,042.069 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Direct Investment (USD mn) -3,301.421 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Other Investment: Liabilities Incurred (LI) (USD mn) 2,036.674 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Reserve Assets (USD mn) 496.107 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Credit (USD mn) 23,278.835 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Portfolio Investment: Liabilities Incurred (LI) (USD mn) 2,098.116 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Portfolio Investment (USD mn) 1,495.761 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Portfolio Investment: LI: Debt Securities (USD mn) 2,158.524 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Direct Investment: Acquisition of Financial Assets... (USD mn) 644.812 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Portfolio Investment: LI: Equity & Investment Fund... (USD mn) -60.408 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Derivatives: Net Acquisition of Financial Assets (USD mn) -879.337 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Current Account: Debit (USD mn) 25,571.971 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Other Investment: Acquisition of Financial Assets ... (USD mn) 2,604.374 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Derivatives (USD mn) -879.337 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Derivatives: Net Liabilities Incurred (USD mn) 0.000 Dec 2023 quarterly Mar 2000 - Dec 2023
BoP: BPM6: Financial Account: Portfolio Investment: Acquisition of Financial Ass... (USD mn) 3,593.877 Dec 2023 quarterly Mar 2000 - Dec 2023
IIP: Liabilities (USD mn) 448,225.188 Dec 2023 quarterly Mar 2000 - Dec 2023
International Investment Position (IIP) (USD mn) -192,316.208 Dec 2023 quarterly Mar 2000 - Dec 2023
IIP: Assets (USD mn) 255,908.980 Dec 2023 quarterly Mar 2000 - Dec 2023
CO: BOP: Financial Account: Net (USD mn) -20,718.462 2022 yearly 1968 - 2022
CO: BOP: Current Account: Primary Income: Payments (USD mn) 24,424.068 2022 yearly 1968 - 2022
CO: BOP: Current Account: Balance (USD mn) -21,525.871 2022 yearly 1968 - 2022
CO: BOP: Current Account: Net Trade: Goods (USD mn) -12,027.549 2022 yearly 1968 - 2022
CO: BOP: Current Account: Primary Income: Receipts (USD mn) 7,017.005 2022 yearly 1968 - 2022
CO: BOP: Current Account: Primary Income: Net (USD mn) -17,407.064 2022 yearly 1968 - 2022
CO: BOP: Current Account: Imports: Goods (USD mn) 71,651.701 2022 yearly 1968 - 2022
CO: BOP: Current Account: Personal Remittances: Received (USD mn) 9,448.990 2022 yearly 1970 - 2022
CO: BOP: Current Account: Exports: Service (USD mn) 13,488.331 2022 yearly 1968 - 2022
CO: BOP: Current Account: Imports: Service (USD mn) 17,887.836 2022 yearly 1968 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.2 Nov 2023 monthly Apr 1995 - Nov 2023
Household Debt: % of GDP (%) 34.7 Sep 2023 quarterly Dec 2015 - Sep 2023
Money Supply M1 (USD mn) 38,979.482 May 2023 monthly Jan 1984 - May 2023
Money Supply M2 (USD mn) 161,207.989 May 2023 monthly Dec 1979 - May 2023
M2 Growth (%) 7.8 Jan 2024 monthly Dec 1980 - Jan 2024
Reserve Requirement Ratio (%) 8.0 Feb 2024 monthly Jun 2008 - Feb 2024
Foreign Exchange Reserves (USD mn) 54,746.4 Jan 2024 monthly Dec 1956 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 14.945 Dec 2023 quarterly Dec 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 10.4 Dec 2023 monthly Jan 1980 - Dec 2023
Gold Reserves (USD mn) 306.300 Jan 2024 monthly Dec 1956 - Jan 2024
Domestic Credit (USD mn) 208,246.7 Nov 2023 monthly Jan 1993 - Nov 2023
Domestic Credit Growth (%) 5.6 Nov 2023 monthly Jan 1994 - Nov 2023
Credit to Households (USD bn) 104.702 Sep 2023 quarterly Dec 1996 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 223.600 Sep 2023 quarterly Dec 1996 - Sep 2023
Household Debt (USD mn) 78,930.7 Nov 2023 monthly Apr 1995 - Nov 2023
Total Loans (USD mn) 170,043.531 Nov 2023 monthly Apr 1995 - Nov 2023
Total Loans Growth (%) 3.25 Nov 2023 monthly Apr 1996 - Nov 2023
Private Debt: % of Nominal GDP (%) 43.17 Sep 2023 quarterly Dec 2005 - Sep 2023
Net International Reserves: Gross (USD mn) 59,697.079 Jan 2024 monthly Jan 1960 - Jan 2024
Net International Reserves: Gross: Gold (USD mn) 306.300 Jan 2024 monthly Jan 1980 - Jan 2024
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) 676,887.183 Nov 2023 monthly Apr 1995 - Nov 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.4 Jan 2024 monthly Jan 1981 - Jan 2024

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