Colombia: Business confidence survey

(measure: points, source: Foundation for Higher Education and Development of Colombia)
* indicates monthly or quarterly data series

Business confidence survey in Colombia, August, 2019: For that indicator, Foundation for Higher Education and Development of Colombia provides data for Colombia from 1980 to 2019. The average value for Colombia during that period was -0.12 points with a minumum of -34.3 points in March 1999 and a maximum of 20.3 points in July 1992. Click on the following link to see the values of Business confidence survey around the world.
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Measure: points
Source: Foundation for Higher Education and Development of Colombia

Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
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