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. source: World Bank

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. This page includes a chart with historical data for Ease of Doing Business in Colombia. Ease of Doing Business in Colombia - values, historical data and charts - was last updated on August of 2021.

Ease of Doing Business in Colombia is expected to reach 64.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Colombia is projected to trend around 64.00 in 2021 and 61.00 in 2022, according to our econometric models.

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Ease of Doing Business in Colombia

Actual Previous Highest Lowest Dates Unit Frequency
67.00 65.00 67.00 37.00 2008 - 2019 Yearly

Colombia Business Last Previous Highest Lowest Unit
Business Confidence 5.80 -3.20 20.33 -35.80 points [+]
Industrial Production 8.60 63.90 63.90 -35.80 percent [+]
Total Vehicle Sales 6085.00 7734.00 19788.00 1462.00 Units [+]
Car Registrations 20417.00 14684.00 40393.00 217.00 [+]
Leading Economic Index 13.60 29.00 29.00 -21.70 percent [+]
Internet Speed 5523.06 5397.03 5523.06 572.73 KBps [+]
IP Addresses 5185338.00 5082089.00 7795504.00 880124.00 IP [+]
Industrial Production Mom -22.10 -1.10 15.90 -26.60 percent [+]
Manufacturing PMI 54.20 48.30 54.70 27.60 points [+]
Cement Production 1108427.02 8804000.00 8804000.00 198924.92 Tonnes [+]
Competitiveness Index 62.73 61.63 62.73 4.04 Points [+]
Competitiveness Rank 57.00 60.00 74.00 57.00 [+]
Capacity Utilization 82.47 79.94 85.30 56.40 percent [+]
Corruption Index 39.00 37.00 40.00 22.00 Points [+]
Corruption Rank 92.00 96.00 99.00 31.00 [+]
Ease of Doing Business 67.00 65.00 67.00 37.00 [+]


Ease of Doing Business in Colombia
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.