Colombia’s consumer confidence index edged down to -34.3 in May of 2021 from -34.2 in the previous month, due to a fall in the Economics Conditions Index and an increase in the Consumer Expectations Index. Survey results recorded a slower deterioration of household expectations (-16.0 percent vs -23.3 percent in April), as the current context made consumers less pessimistic regarding next year’s economic outlook. On the other hand, consumer perceptions regarding the present economic conditions have worsened (-61.7 percent vs -50.5 percent). source: Fedesarrollo

Consumer Confidence in Colombia averaged 8.14 points from 2001 until 2021, 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 2021.

Consumer Confidence in Colombia is expected to be -10.00 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 6.00 points in 2022, according to our econometric models.

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Colombia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-34.30 -34.20 38.80 -41.30 2001 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-08 03:00 PM Feb -14.6 -20.8 -25
2021-04-08 02:45 PM Mar -11.4 -14.6 -13
2021-05-11 02:55 PM Apr -34.2 -11.4 -10
2021-06-08 03:00 PM May -34.3 -34.2 -20
2021-07-08 03:00 PM Jun -34.3
2021-08-09 05:00 PM Jul
2021-09-08 04:00 PM Aug
2021-10-07 02:00 PM Sep


News Stream
Colombia Consumer Confidence Deteriorates in May
Colombia’s consumer confidence index edged down to -34.3 in May of 2021 from -34.2 in the previous month, due to a fall in the Economics Conditions Index and an increase in the Consumer Expectations Index. Survey results recorded a slower deterioration of household expectations (-16.0 percent vs -23.3 percent in April), as the current context made consumers less pessimistic regarding next year’s economic outlook. On the other hand, consumer perceptions regarding the present economic conditions have worsened (-61.7 percent vs -50.5 percent).
2021-06-08
Colombia Consumer Confidence Plunges to 2nd All-Time Low
Colombia's consumer confidence index plunged to -34.2 in April of 2021 from -11.4 in the prior month, as the country went through the worst phase of pandemic so far, and has now faced weeks of deadly protests against Ivan Duque’s planned nationwide tax increase. This was the second worse reading, only after the one from last April at the outbreak of the pandemic. Survey results recorded a great deterioration of household's expectations (-23.3 vs 9.6 in March), as the current context made consumers much more pessimistic regarding next year’s economic outlook. Consumer perceptions regarding the present economic conditions have also worsened significantly (-50.5 vs -42.8).
2021-05-11
Colombia Consumer Confidence at 3-Month High
Colombia's consumer confidence index improved to -11.4 in March of 2021 from -14.6 in the prior month, as consumers were less pessimistic regarding the country’s economic situation (-42.8 from -45.8 in February), mainly supported by a smaller contraction in the willingness to purchase durable goods, while household's expectations were more optimistic (9.6 from 6.2), with consumers foreseeing better economic conditions in the year ahead.
2021-04-08
Colombian Consumers Less Pessimistic in February
Colombia's consumer confidence index improved to -14.6 in January of 2021 from -20.8 in the prior month, on less pessimistic prospects regarding the country’s economic situation. Household's expectations jumped to 6.2 from 0.3 in January, and the gauge of current economic conditions went up to -45.8 from -52.5.
2021-03-08

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).