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Estimated recovery time to return to pre-COVID-19 conditions among small and medium-size enterprises (SMEs) in Colombia in May 2020

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Source

Release date

June 2020

Region

Colombia

Survey time period

April 27 to May 4, 2020

Number of respondents

334 SMEs

Method of interview

Online survey

Supplementary notes

To the question: "How long do you think it will take for your business to return to the state it was before COVID-19?" ("¿En cuánto tiempo crees que tu empresa vuelva al estado en el que se encontraba antes de COVID-19?")

Citation formats

Colombia: estimated recovery time of SMEs after COVID-19 2020

Published by Agne Blazyte, Dec 4, 2020
According to a survey carried out in Colombia between April and May 2020, approximately ** percent of the small and medium-size enterpises interviewed estimated that it would take around four to six months to return to the conditions they had before the COVID-19 pandemic. Meanwhile, percent said it would take them more than 18 months. As of November 2020, Colombia ranked third in number of cases among Latin American countries.
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