
Colombia: Business confidence survey
* indicates monthly or quarterly data series
Colombia |
Business confidence survey |
---|---|
Latest value | -5.9 |
Reference | April 2023 |
Measure | points |
Source | Foundation for Higher Education and Development of Colombia |
For that indicator, we provide data for Colombia from January 1980 to April 2023. The average value for Colombia during that period was 0.14 points with a minimum of -35.8 points in April 2020 and a maximum of 20.4 points in September 2021.
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Measure: points
Source: Foundation for Higher Education and Development of Colombia
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.