Wages High Skilled in Colombia increased to 2598000 COP/Month in 2018 from 2503700 COP/Month in 2017. Wages High Skilled in Colombia averaged 2516950 COP/Month from 2015 until 2018, reaching an all time high of 2598000 COP/Month in 2018 and a record low of 2470000 COP/Month in 2016. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Wages Low Skilled in Colombia increased to 899500 COP/Month in 2018 from 833200 COP/Month in 2017. Wages Low Skilled in Colombia averaged 854400 COP/Month from 2015 until 2018, reaching an all time high of 899500 COP/Month in 2018 and a record low of 825400 COP/Month in 2016. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Colombia recorded a government debt equivalent to 50.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Colombia averaged 38.41 percent from 1996 until 2018, reaching an all time high of 50.50 percent in 2018 and a record low of 23.30 percent in 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Colombia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Colombia increased to 10303 USD Million in 2018 from 10018 USD Million in 2017. Military Expenditure in Colombia averaged 3567.31 USD Million from 1958 until 2018, reaching an all time high of 10303 USD Million in 2018 and a record low of 358 USD Million in 1959.

The Gross Domestic Product per capita in Colombia was last recorded at 7698.40 US dollars in 2018. The GDP per Capita in Colombia is equivalent to 61 percent of the world's average. GDP per capita in Colombia averaged 4522.31 USD from 1960 until 2018, reaching an all time high of 7698.40 USD in 2018 and a record low of 2337 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Colombia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Colombia was last recorded at 13332.87 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Colombia, when adjusted by Purchasing Power Parity is equivalent to 75 percent of the world's average. GDP per capita PPP in Colombia averaged 10005.07 USD from 1990 until 2018, reaching an all time high of 13332.87 USD in 2018 and a record low of 7729 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Colombia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Colombia decreased to 4.70 percent in 2018 from 6 percent in 2017. Deposit Interest Rate in Colombia averaged 16.86 percent from 1986 until 2018, reaching an all time high of 37.23 percent in 1991 and a record low of 3.66 percent in 2010. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Colombia.

Colombia scored 62.73 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Colombia averaged 17.49 Points from 2007 until 2019, reaching an all time high of 62.73 Points in 2019 and a record low of 4.04 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Colombia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Colombia is the 57 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Colombia averaged 65.38 from 2007 until 2019, reaching an all time high of 74 in 2009 and a record low of 57 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Colombia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Colombia remained unchanged at 18.92 Tonnes in the fourth quarter of 2019 from 18.92 Tonnes in the third quarter of 2019. Gold Reserves in Colombia averaged 9.20 Tonnes from 2000 until 2019, reaching an all time high of 18.92 Tonnes in the third quarter of 2019 and a record low of 3.49 Tonnes in the third quarter of 2015. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Colombia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia is ranked 67 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Colombia deteriorated to 67 in 2019 from 65 in 2018. Ease of Doing Business in Colombia averaged 50.58 from 2008 until 2019, reaching an all time high of 67 in 2019 and a record low of 37 in 2009. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Colombia.

Banks Balance Sheet in Colombia increased to 492048 COP Billion in December from 485521.50 COP Billion in November of 2014. Banks Balance Sheet in Colombia averaged 168983.12 COP Billion from 1994 until 2014, reaching an all time high of 492048 COP Billion in December of 2014 and a record low of 28161.21 COP Billion in January of 1994. Banks Balance Sheet in Colombia is reported by the Banco de la República, Colombia. This page provides - Colombia Banks Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Colombia stands at 30.50 percent. Social Security Rate in Colombia averaged 45.18 percent from 2004 until 2018, reaching an all time high of 48.20 percent in 2009 and a record low of 30.50 percent in 2017. In Colombia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Colombia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Colombia Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Colombia stands at 20.50 percent. Social Security Rate For Companies in Colombia averaged 34.77 percent from 2004 until 2019, reaching an all time high of 40.20 percent in 2015 and a record low of 20.50 percent in 2017. In Colombia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Colombia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Colombia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Colombia stands at 10 percent. Social Security Rate For Employees in Colombia averaged 9.46 percent from 2004 until 2018, reaching an all time high of 10 percent in 2008 and a record low of 7.38 percent in 2004. In Colombia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Colombia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Colombia Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia recorded a Government Budget deficit equal to 3.10 percent of the country's Gross Domestic Product in 2018. Government Budget in Colombia averaged -3.58 percent of GDP from 2001 until 2018, reaching an all time high of 0.23 percent of GDP in 2005 and a record low of -8.47 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Colombia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Colombia increased to 5.91 in 2018 from 5.61 in 2017. Terrorism Index in Colombia averaged 6.26 from 2002 until 2018, reaching an all time high of 7.16 in 2002 and a record low of 5.58 in 2007. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Colombia scored 37 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Colombia averaged 34.80 Points from 1995 until 2019, reaching an all time high of 40 Points in 2005 and a record low of 22 Points in 1998. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Colombia Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Colombia is the 96 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Colombia averaged 71.64 from 1995 until 2019, reaching an all time high of 99 in 2018 and a record low of 31 in 1995. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Colombia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Colombia stands at 19 percent. Sales Tax Rate in Colombia averaged 16.64 percent from 2006 until 2019, reaching an all time high of 19 percent in 2017 and a record low of 16 percent in 2007. In Colombia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Colombia. This page provides - Colombia Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Colombia stands at 33 percent. Corporate Tax Rate in Colombia averaged 32.58 percent from 1997 until 2020, reaching an all time high of 35 percent in 1998 and a record low of 25 percent in 2013. In Colombia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Colombia. This page provides - Colombia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Colombia stands at 39 percent. Personal Income Tax Rate in Colombia averaged 34.67 percent from 2003 until 2020, reaching an all time high of 39 percent in 2019 and a record low of 33 percent in 2008. In Colombia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Colombia. This page provides - Colombia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Colombia expanded 3.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Colombia averaged 3.87 percent from 2001 until 2019, reaching an all time high of 8 percent in the third quarter of 2011 and a record low of 0.30 percent in the first quarter of 2009. The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent). This page provides - Colombia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Colombia increased to 241299.98 COP Billion in the fourth quarter of 2019 from 222090.26 COP Billion in the third quarter of 2019. GDP Constant Prices in Colombia averaged 161333.53 COP Billion from 2000 until 2019, reaching an all time high of 241299.98 COP Billion in the fourth quarter of 2019 and a record low of 100710.10 COP Billion in the first quarter of 2000. This page provides - Colombia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Colombia decreased to 13742.29 COP Billion in the fourth quarter of 2019 from 13750.72 COP Billion in the third quarter of 2019. GDP From Agriculture in Colombia averaged 9847.01 COP Billion from 2000 until 2019, reaching an all time high of 13750.72 COP Billion in the third quarter of 2019 and a record low of 5454 COP Billion in the first quarter of 2000. This page provides - Colombia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Colombia increased to 17055.31 COP Billion in the fourth quarter of 2019 from 14747.98 COP Billion in the third quarter of 2019. GDP From Construction in Colombia averaged 9732.24 COP Billion from 2000 until 2019, reaching an all time high of 17076.70 COP Billion in the fourth quarter of 2018 and a record low of 2927 COP Billion in the fourth quarter of 2000. This page provides - Colombia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Colombia increased to 27474.61 COP Billion in the fourth quarter of 2019 from 26979.39 COP Billion in the third quarter of 2019. GDP From Manufacturing in Colombia averaged 20150.69 COP Billion from 2000 until 2019, reaching an all time high of 27474.61 COP Billion in the fourth quarter of 2019 and a record low of 9441 COP Billion in the first quarter of 2000. This page provides - Colombia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Colombia increased to 11274.04 COP Billion in the fourth quarter of 2019 from 10952.35 COP Billion in the third quarter of 2019. GDP From Mining in Colombia averaged 8803.41 COP Billion from 2000 until 2019, reaching an all time high of 12853.64 COP Billion in the fourth quarter of 2013 and a record low of 4899 COP Billion in the first quarter of 2003. This page provides - Colombia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Colombia increased to 11554.12 COP Billion in the fourth quarter of 2019 from 11352.84 COP Billion in the third quarter of 2019. GDP From Transport in Colombia averaged 7968.26 COP Billion from 2000 until 2019, reaching an all time high of 11554.12 COP Billion in the fourth quarter of 2019 and a record low of 4460 COP Billion in the second quarter of 2000. This page provides - Colombia Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Colombia expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Colombia averaged 0.96 percent from 2001 until 2019, reaching an all time high of 3.50 percent in the second quarter of 2002 and a record low of -1.70 percent in the fourth quarter of 2008. Colombia is the fourth biggest economy in Latin America. In recent years, the country has been growing rapidly, mostly due to a rise in exports of commodities such as oil, coal and coffee. The biggest and the fastest growing sector of Colombian economy is services (53 percent of GDP) including: financing, insurance, real estate and business services; community, social and personal services; trade, repairs, restaurants and hotels and transport, warehousing and communication. Manufacturing, mining and quarrying create 20 percent of the wealth. Other sectors include: government (10 percent), agriculture, hunting, forestry and fishing (6.3 percent); construction (6 percent) and electricity, gas and water distribution (4 percent). This page provides - Colombia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Colombia increased to 6897 COP Billion in the fourth quarter of 2019 from 6873 COP Billion in the third quarter of 2019. GDP From Utilities in Colombia averaged 5074.03 COP Billion from 2000 until 2019, reaching an all time high of 6897 COP Billion in the fourth quarter of 2019 and a record low of 2895 COP Billion in the second quarter of 2000. This page provides - Colombia Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Colombia increased to 35875.96 COP Billion in the fourth quarter of 2019 from 35650.04 COP Billion in the third quarter of 2019. Government Spending in Colombia averaged 22237.06 COP Billion from 2000 until 2019, reaching an all time high of 35875.96 COP Billion in the fourth quarter of 2019 and a record low of 11533 COP Billion in the first quarter of 2000. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Colombia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Colombia increased to 155976.85 COP Billion in the fourth quarter of 2019 from 154819.93 COP Billion in the third quarter of 2019. Consumer Spending in Colombia averaged 103567.05 COP Billion from 2000 until 2019, reaching an all time high of 155976.85 COP Billion in the fourth quarter of 2019 and a record low of 48409 COP Billion in the first quarter of 2000. This page provides - Colombia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Housing Index in Colombia increased to 140.49 points in the fourth quarter of 2019 from 138.52 points in the third quarter of 2019. Housing Index in Colombia averaged 64.97 points from 1997 until 2019, reaching an all time high of 140.49 points in the fourth quarter of 2019 and a record low of 25.12 points in the first quarter of 1997. In Colombia, the House Price Index refers to a three-month moving average of new house prices. This page provides - Colombia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia recorded a capital and financial account deficit of 3121.71 USD Million in the fourth quarter of 2019. Capital Flows in Colombia averaged -1890.52 USD Million from 2000 until 2019, reaching an all time high of 359.83 USD Million in the third quarter of 2000 and a record low of -6193.64 USD Million in the fourth quarter of 2014. In Colombia, international capital flows are measured using the Financial Account Balance of the Balance of Payments. This page provides - Colombia Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia recorded a Current Account deficit of 3523 USD Million in the fourth quarter of 2019. Current Account in Colombia averaged -1766.56 USD Million from 1996 until 2019, reaching an all time high of 364 USD Million in the third quarter of 2000 and a record low of -6452 USD Million in the fourth quarter of 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Colombia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Colombia was worth 370 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Colombia represents 0.31 percent of the world economy. GDP in Colombia averaged 103.19 USD Billion from 1960 until 2019, reaching an all time high of 381.90 USD Billion in 2013 and a record low of 4 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Colombia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Colombia was estimated at 50.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Colombia had a population of 16.0 million people. The population of Colombia represents 0.68 percent of the world´s total population which arguably means that one person in every 149 people on the planet is a resident of Colombia. This page provides - Colombia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hospital Beds in Colombia increased to 1.71 per 1000 people in 2018 from 1.70 per 1000 people in 2017. Hospital Beds in Colombia averaged 1.58 per 1000 people from 2010 until 2018, reaching an all time high of 1.71 per 1000 people in 2018 and a record low of 1.45 per 1000 people in 2011. This page includes a chart with historical data for Colombia Hospital Beds.

Private Sector Credit in Colombia decreased to 254863.89 COP Million in February from 260389.98 COP Million in January of 2020. Private Sector Credit in Colombia averaged 127001.10 COP Million from 1980 until 2020, reaching an all time high of 574361.99 COP Million in November of 1998 and a record low of 2536 COP Million in April of 1980. This page provides - Colombia Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Colombia increased 7.19 percent in March of 2020 over the same month in the previous year. Food Inflation in Colombia averaged 11.84 percent from 1988 until 2020, reaching an all time high of 35.59 percent in June of 1988 and a record low of -0.54 percent in January of 2010. This page provides - Colombia Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Colombia increased to 160434.80 COP Billion in February from 158441.58 COP Billion in January of 2020. Consumer Credit in Colombia averaged 46565.42 COP Billion from 1994 until 2020, reaching an all time high of 160434.80 COP Billion in February of 2020 and a record low of 5413.41 COP Billion in December of 1994. This page provides - Colombia Consumer Credit - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Colombia increased to 531648.63 COP Billion in March from 497989.91 COP Billion in February of 2020. Money Supply M2 in Colombia averaged 122304.92 COP Billion from 1982 until 2020, reaching an all time high of 531648.63 COP Billion in March of 2020 and a record low of 648.14 COP Billion in January of 1982. Colombia Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Colombia Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Colombia decreased 0.40 percent in February of 2020 over the previous month. Industrial Production Mom in Colombia averaged 0.20 percent from 2001 until 2020, reaching an all time high of 9 percent in August of 2016 and a record low of -7.30 percent in July of 2016. This page provides - Colombia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Colombia increased 4.60 percent in February of 2020 over the same month in the previous year. Industrial Production in Colombia averaged 2.28 percent from 1981 until 2020, 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. 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.

Total Vehicle Sales in Colombia increased to 10401 Cars in February from 7596 Cars in January of 2020. Total Vehicle Sales in Colombia averaged 10582.68 Cars from 1999 until 2020, reaching an all time high of 19788 Cars in March of 2011 and a record low of 2234 Cars in March of 1999. This page provides - Colombia Total Vehicle Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms Of Trade in Colombia decreased to 109.73 points in March from 126.45 points in February of 2020. Terms Of Trade in Colombia averaged 108.85 points from 1980 until 2020, reaching an all time high of 165.96 points in December of 2011 and a record low of 73.87 points in August of 1989. In Colombia, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Colombia Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Colombia recorded a trade deficit of 0.90 USD Billion in February of 2020. Balance of Trade in Colombia averaged -0.21 USD Billion from 1980 until 2020, reaching an all time high of 0.81 USD Billion in December of 2011 and a record low of -1.97 USD Billion in January of 2015. Colombia is a major exporter of oil and coal (59 percent of total exports). Other exports include: chemicals and related products (5.1 percent) and gold (5 percent). Main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals (17 percent) and fuel and mineral lubricants (10 percent) Main trading partners are: United States (36 percent of total exports and 39 percent of imports) and China (6 percent of exports and 16 percent of imports). Others include: Mexico, Spain and Venezuela. This page provides - Colombia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Colombia increased to 4.33 USD Billion in October from 4.20 USD Billion in September of 2019. Imports in Colombia averaged 1.87 USD Billion from 1980 until 2019, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.28 USD Billion in February of 1986. Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent). Main import partners are: United States (24 percent of total imports), China (16 percent), Mexico (11 percent) and Brazil (5 percent). Others include: Germany, Argentina, Japan, France, South Korea and Canada. This page provides the latest reported value for - Colombia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Business Confidence in Colombia decreased to -35 points in March from 9.80 points in February of 2020. Business Confidence in Colombia averaged -0.05 points from 1980 until 2020, reaching an all time high of 20.33 points in July of 1992 and a record low of -35 points in March of 2020. 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. This page provides - Colombia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.