The consumer confidence indicator in Colombia increased to -8.3 in December 2018 from -19.6 in the previous month, despite remaining in negative territory. The improvement was due to a significant increase in future expectations (-11.1 from -23.7 in November) and, to a lesser extent, in current conditions (-4.1 from -13.5). In particular, the willingness to buy a new house went up. Consumer Confidence in Colombia averaged 11.58 Index Points from 2001 until 2018, reaching an all time high of 38.80 Index Points in August of 2010 and a record low of -30.20 Index Points in January of 2017.

Consumer Confidence in Colombia is expected to be -18.00 Index 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 -10.00 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 4.00 Index Points in 2020, according to our econometric models.

Colombia Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-16 03:15 PM Consumer Confidence -0.7 4.7 4
2018-11-16 04:15 PM Consumer Confidence -1.3 -0.7 2.7
2018-12-17 03:50 PM Consumer Confidence -19.6 -1.3 -2.2
2019-01-17 02:55 PM Consumer Confidence -8.3 -19.6 -17
2019-02-19 04:55 PM Consumer Confidence -8.3 -4
2019-03-19 03:15 PM Consumer Confidence
2019-04-17 04:00 PM Consumer Confidence -18


Colombia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -8.30 -19.60 38.80 -30.20 Index Points [+]
Retail Sales MoM 22.90 11.30 66.00 -41.30 percent [+]
Retail Sales YoY 7.00 10.80 23.37 -7.59 percent [+]
Consumer Spending 147245.34 145239.70 147245.34 48409.00 COP Billion [+]
Private Sector Credit 173810.48 187224.86 574361.99 2536.00 COP Million [+]
Households Debt To GDP 26.47 25.68 26.47 9.11 percent of GDP [+]
Consumer Credit 133001.17 131503.53 133001.17 5413.41 COP Billion [+]
Gasoline Prices 0.79 0.78 1.41 0.23 USD/Liter [+]
Consumer Confidence Economic Expectations -10.90 -12.40 48.80 -28.30 [+]
Consumer Confidence Financial Expectations -35.20 -43.10 25.30 -55.20 [+]


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). This page provides - Colombia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.30 -19.60 38.80 -30.20 2001 - 2018 Index Points Monthly




Country Last Previous
Argentina 33.10 Jan/19
Australia 103.80 Feb/19
Brazil 114.30 Dec/18
Canada 54.17 Jan/19
China 123.00 Dec/18
Euro Area -7.90 Jan/19
France 91.00 Jan/19
Germany 10.80 Feb/19
India 96.70 Dec/18
Indonesia 125.50 Jan/19
Italy 114.00 Jan/19
Japan 41.90 Jan/19
Mexico 111.99 Jan/19
Netherlands 1.00 Jan/19
Russia -17.00 Dec/18
Saudi Arabia 106.00 Sep/18
South Africa 7.00 Dec/18
South Korea 97.50 Jan/19
Spain 93.80 Jan/19
Switzerland -4.00 Mar/19
Turkey 58.20 Jan/19
United Kingdom -14.00 Jan/19
United States 95.50 Feb/19


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