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). source: Fedesarrollo

Consumer Confidence in Colombia averaged 8.33 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 May of 2021.

Consumer Confidence in Colombia is expected to be -8.00 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
-34.20 -11.40 38.80 -41.30 2001 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-19 02:30 PM Jan -20.8 -10.4 -7
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 02:00 PM May -34.2
2021-07-08 03:00 PM Jun
2021-08-09 05:00 PM Jul
2021-09-08 04:00 PM Aug


News Stream
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 Morale Plunges to 4-Month Low
Colombia's consumer confidence index slipped to -20.8 in January of 2021 from -10.4 in the prior month. It was the lowest reading since last September, amid concerns over the pandemic crisis. The household's expectations fell to 0.3 from 11 in December, and the gauge of current economic conditions declined to -52.5 from -42.6.
2021-02-19

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).