Colombia’s consumer confidence index fell by 0.3 points to -28.8 in April 2023, from -27.5 in the previous month. The latest reading indicated a second month of deterioration in consumer confidence, and, to the greatest extent since May 2021. "The drop in consumer confidence compared to last month was due to a decrease of 2.2 pps in the consumer expectations index, which was partially offset by a 2.4 pps increase in the economic conditions index", the executive director of Fedesarrollo, Luis Fernando Mejía said. source: Fedesarrollo

Consumer Confidence in Colombia averaged 6.13 points from 2001 until 2023, 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 June of 2023.

Consumer Confidence in Colombia is expected to be -27.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Consumer Confidence is projected to trend around -5.00 points in 2024 and 3.00 points in 2025, according to our econometric models.

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Colombia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2023-04-13 02:00 PM Mar -28.5 -27.8 -30
2023-05-11 02:00 PM Apr -28.8 -28.5 -30
2023-06-12 02:00 PM May -28.8 -27


Related Last Previous Unit Reference
Consumer Confidence -28.80 -28.50 points Apr 2023

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).
Actual Previous Highest Lowest Dates Unit Frequency
-28.80 -28.50 38.80 -41.30 2001 - 2023 points Monthly

News Stream
Colombia Consumer Morale Falls to Near 2-Year Low
Colombia’s consumer confidence index fell by 0.3 points to -28.8 in April 2023, from -27.5 in the previous month. The latest reading indicated a second month of deterioration in consumer confidence, and, to the greatest extent since May 2021. "The drop in consumer confidence compared to last month was due to a decrease of 2.2 pps in the consumer expectations index, which was partially offset by a 2.4 pps increase in the economic conditions index", the executive director of Fedesarrollo, Luis Fernando Mejía said.
2023-05-11
Colombian Consumers More Pessimistic in March
Colombia’s consumer confidence index fell by 0.7 points to -28.5 in March 2023, from -27.8 in the previous month. The latest reading pointed to a slight deterioration in consumer confidence, as current economic conditions were assessed more negatively (-47.1 vs -43.1 in February). On the other hand, there was an increase in future expectations (-16.1 vs -17.7).
2023-04-13
Colombia Consumer Morale Edges Up in February
Colombia’s consumer confidence index rose by 0.8 points to -27.8 in February 2023, from an over 1-1/2-year low of -28.6 in the previous month. The latest reading pointed to a slight improvement in consumer confidence, although the index remains in negative territory. Current economic conditions were assessed slightly less negatively (-43.1 vs -46.8 in January) but future expectations declined further (-17.7 vs -16.5).
2023-03-14