Consumer Spending in Colombia increased to 147245.34 COP Billion in the third quarter of 2018 from 145239.70 COP Billion in the second quarter of 2018. Consumer Spending in Colombia averaged 70391.70 COP Billion from 2000 until 2018, reaching an all time high of 147245.34 COP Billion in the third quarter of 2018 and a record low of 48409 COP Billion in the first quarter of 2000.
Consumer Spending in Colombia is expected to be 91508.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Colombia to stand at 149887.00 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 97458.00 COP Billion in 2020, according to our econometric models.