The economy of Colombia grew 2.2 percent year-on-year in January 2019, following a downwardly revised 1.1 percent expansion in the previous month. On a monthly basis, economic activity advanced 0.4 percent, after shrinking 1.2 percent in December. Leading Economic Index in Colombia averaged 3.90 percent from 2001 until 2019, reaching an all time high of 9.80 percent in August of 2011 and a record low of -1.70 percent in November of 2008.
Leading Economic Index in Colombia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Colombia to stand at 3.30 in 12 months time. In the long-term, the Colombia Leading Economic Index is projected to trend around 2.80 percent in 2020, according to our econometric models.