Colombia Consumer Spending  Forecast


Consumer Spending in Colombia is expected to be 88547.66 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 88392.52 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 86243.57 COP Billion in 2020, according to our econometric models.


Colombia Consumer Spending
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Colombia Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -10.3 -12 -10 -8 -8 -7
Retail Sales MoM -1.7 2.58 2.32 1.91 1.97 1.6
Retail Sales YoY -1.2 1 1 1.2 0.7 2.3
Consumer Spending 88383 88548 88548 88538 88393 86244
Private Sector Credit 234091 229703 224983 220433 216080 184518
Consumer Credit 119413 123594 125743 127660 129362 137208
Gasoline Prices 0.79 0.82 0.83 0.84 0.85 0.82
Consumer Confidence Economic Expectations -10.9 -6.34 -4.24 -2.4 -0.78 7.44
Consumer Confidence Financial Expectations -35.2 -27.81 -25.21 -22.77 -20.69 -10.84