Consumer Spending in Colombia increased to 154230.89 COP Billion in the second quarter of 2019 from 152229.82 COP Billion in the first quarter of 2019. Consumer Spending in Colombia averaged 102267.89 COP Billion from 2000 until 2019, reaching an all time high of 154230.89 COP Billion in the second quarter of 2019 and a record low of 48409 COP Billion in the first quarter of 2000.
Consumer Spending in Colombia is expected to be 152104.00 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 157513.00 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 164502.00 COP Billion in 2020, according to our econometric models.