Colombia Consumer Credit  Forecast 2016-2020

Consumer Credit in Colombia is expected to be 121505.80 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Colombia to stand at 129916.74 in 12 months time. In the long-term, the Colombia Consumer Credit is projected to trend around 154254.58 COP Billion in 2020, according to our econometric models.

Colombia Consumer Credit
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Colombia Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence -9.5 -11.58 5.71 6 9 12
Retail Sales MoM 3.8 0.64 1.22 1.8 1.92 1.86
Retail Sales YoY 1 0 -0.02 1 1.2 2.3
Consumer Spending 88182 89051 89104 89528 89648 91260
Private Sector Credit 260075 251117 255845 257581 258705 260483
Consumer Credit 118591 121506 124371 127175 129917 154255
Gasoline Prices 0.75 0.73 0.73 0.73 0.73 0.73
Consumer Confidence Economic Expectations -10.9 -13.66 -12.86 -13.22 -13.07 -13.11
Consumer Confidence Financial Expectations -35.2 -37.92 -37.92 -38.48 -38.37 -38.41