Colombia

Business Confidence Survey

7
Apr 80Jul 82Oct 84Apr 87Jul 89Oct 91Apr 94Jul 96Oct 98Apr 01Jul 03Oct 05Apr 08Jul 10Oct 12Apr 15Jul 17Jan 20Sep 22-60.000-30.0000.00030.0060.00
  • Colombia
  • Global Median
Source: IMF

Definition of Business Confidence Survey

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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