Colombia's consumer confidence index rose to -34 in May 2020 from -41.3 in the previous month. Still, it was the second lowest reading on record, amid the coronavirus crisis. Household's expectations increased to -14.4 from -20.1 in April and the gauge of current economic conditions went up to -63.4 from -73.

Consumer Confidence in Colombia averaged 9.99 points from 2001 until 2020, reaching an all time high of 38.80 points in August of 2010 and a record low of -41.30 points in April of 2020. This page provides - Colombia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Fedesarrollo

Consumer Confidence in Colombia is expected to be -30.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Colombia to stand at -5.00 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 3.00 points in 2021 and 6.00 points in 2022, according to our econometric models.

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Colombia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-34.00 -41.30 38.80 -41.30 2001 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-18 03:00 PM Feb -11.2 -1.2 -3
2020-04-20 01:30 PM Mar -23.8 -11.2 -16
2020-05-07 06:00 PM Apr -41.3 -23.8 -34
2020-06-17 02:00 PM May -34 -41.3 -40
2020-07-07 05:00 PM Jun -34 -32
2020-08-19 03:00 PM Jul
2020-09-16 03:15 PM Aug
2020-10-14 03:00 PM Sep -20


News Stream
Colombia Consumer Sentiment Remains Weak
Colombia's consumer confidence index rose to -34 in May 2020 from -41.3 in the previous month. Still, it was the second lowest reading on record, amid the coronavirus crisis. Household's expectations increased to -14.4 from -20.1 in April and the gauge of current economic conditions went up to -63.4 from -73.
2020-06-17
Colombia Consumer Sentiment Drops to Record Low
Colombia's consumer confidence index dropped to -41.3 in April 2020 from -23.8 in the previous month. It was the lowest reading on record, amid the coronavirus pandemic. Household's expectations declined to -20.1 from -13.1 in March and the gauge of current conditions plunged to -73 from -39.8.
2020-05-07
Colombia Consumer Morale Falls to Over 3-Year Low
Colombia's consumer confidence index declined to -23.8 in March 2020 from -11.2 in the previous month. It was the lowest reading since February 2017, as household's expectations dropped to -13.1 from -12 in the prior month and the gauge of current conditions went down to -39.8 from -10.1.
2020-04-20
Colombia Consumer Sentiment at 6-Month Low in February
Colombia's consumer confidence index dropped to -11.2 in February 2020 from -1.2 in the previous month, recording its lowest level since August last year as household's expectations declined to -12 from -0.3 in January and the gauge of current conditions went down to-10.1 from -2.5.
2020-03-18

Colombia Consumer Confidence
In Colombia, Consumer Opinion Survey (EOC), measures the level of optimism that households have about their economic situation and the country's general economic condition taking into account information regarding the previous and the next year. The survey gives an inside about consumers’ willingness to buy household appliances and vehicles, and their ability to qualify for a credit. The survey is based on a sample of around 600 persons, age 25-44, living in the 4 biggest Colombian cities and with different levels of income (low, medium and high).