Colombia recorded a Current Account deficit of 3239 USD Million in the second quarter of 2019. Current Account in Colombia averaged -1729.86 USD Million from 1996 until 2019, reaching an all time high of 364 USD Million in the third quarter of 2000 and a record low of -6452 USD Million in the fourth quarter of 2014.
Current Account in Colombia is expected to be -3600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Colombia to stand at -3400.00 in 12 months time. In the long-term, the Colombia Current Account is projected to trend around -3500.00 USD Million in 2020, according to our econometric models.