Retail Sales in Colombia decreased 0.80 percent in September of 2020 over the same month in the previous year. source: Dane, Colombia

Retail Sales YoY in Colombia averaged 4.60 percent from 2000 until 2020, reaching an all time high of 23.37 percent in April of 2011 and a record low of -43 percent in April of 2020. This page provides the latest reported value for - Colombia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Retail Sales YoY in Colombia is expected to be -7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Colombia to stand at 8.50 in 12 months time. In the long-term, the Colombia Retail Sales YoY is projected to trend around 6.00 percent in 2021 and 4.90 percent in 2022, according to our econometric models.

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Colombia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -17.10 23.37 -43.00 2000 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-08-13 04:00 PM Jun -14.2% -26.8% -12% -20%
2020-09-14 03:30 PM Jul -12.4% -14.2% -10% -9%
2020-10-15 03:30 PM Aug -17.1% -12.4% -9.5% -10%
2020-11-13 04:00 PM Sep -0.8% -17.1% -9.8% -10.1%
2020-12-14 03:00 PM Oct -0.8% -1.3%
2021-01-18 03:00 PM Nov
2021-02-12 03:00 PM Dec
2021-03-12 04:00 PM Jan


News Stream
Colombia Retail Sales Drop Less than Expected in September
Colombia's retail sales fell 0.8 percent year-on-year in September 2020, after plunging 17.1 percent in the previous month and compared with market forecasts of a 9.8 percent drop. It was the seventh successive decline in retail trade, still the smallest in the current sequence amid the ongoing relaxation of coronavirus restrictions. In September, 10 out of 19 major retail categories recorded decreases, namely fuels (-5.6 percent); clothing (-15.2 percent); automotive vehicles & motorcycles (-6.3 percent); footwear & leather goods (-31.3 percent); other automotive vehicles & motorcycles (-6.5 percent); non-alcoholic beverages (-20.7 percent); and spare parts, accessories and lubricants for vehicles (-3.3 percent). On a monthly basis, retail trade jumped 14.8 percent, rebounding from an upwardly revised 2.8 percent drop in the prior month.
2020-11-13
Colombia Retail Sales Fall at a Faster Pace in August
Colombia's retail sales slumped 17.1 percent year-on-year in August 2020, following a 12.4 percent decrease in the previous month and compared with market consensus of a 9.5 percent drop. It was the sixth consecutive decrease in retail trade, amid the coronavirus pandemic. In August, 15 out of 19 major retail categories recorded decreases, in particular fuels (-21.4 percent); other automotive vehicles & motorcycles (-40.5 percent); automotive vehicles & motorcycles (-33.4 percent); clothing & textiles (-45.7 percent); spare parts, accessories and lubricants for vehicles (-22 percent); food (-4.5 percent) and footwear & leather goods (-54.2 percent). On a monthly basis, retail trade went down 2.7 percent, after rising 1.1 percent in the prior month.
2020-10-15
Colombia Retail Sales Drops for 5th Month
Colombia's retail sales declined 12.4 percent year-on-year in July 2020, after falling 14.2 percent in the previous month and compared market forecasts of a 10 percent fall. It was the fifth consecutive drop in retail trade, amid the coronavirus pandemic. In July, 13 out of 19 major retail categories recorded decreases, namely fuels (-19.7 percent); other automotive vehicles & motorcycles (-39.1 percent); automotive vehicles & motorcycles (-30.6 percent); clothing & textiles (-47.2 percent); spare parts, accessories and lubricants for vehicles (-19.7 percent); and footwear & leather goods (-49.6 percent). On a monthly basis, retail sales rose 6.4 percent.
2020-09-14
Colombia Retail Sales Fall More than Expected in June
Colombia's retail sales fell 14.2 percent year-on-year in June 2020, after dropping 26.8 percent in the previous month and compared with market forecasts of a 12 percent decline. It was the fourth successive decrease in retail trade, amid the coronavirus crisis. In June, 13 out of 19 major retail categories posted declines, in particular fuels (-23.2 percent); and other automotive vehicles & motorcycles (-37.9 percent). Considering the first half of the year, retail trade dropped 11.8 percent over the same period of 2019.
2020-08-13

Colombia Retail Sales YoY
In Colombia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.