Colombia Consumer Spending - Forecast

Consumer Spending in Colombia is expected to be 89050.00 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 89461.25 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 90000.00 COP Billion in 2020, according to our econometric models.


Colombia Consumer Spending
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Colombia Consumer Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Confidence 1.5 -9.3 -10 -11 -13 -7
Retail Sales MoM 11.3 -8 1.5 1.7 -15 1.6
Retail Sales YoY 5.5 -0.3 1.3 0.8 1.3 2.3
Consumer Spending 89102 89720 90150 91330 90655 96703
Private Sector Credit 200035 201886 200563 199967 199579 198958
Households Debt To Gdp 26.34 26.07 25.94 25.8 25.66 24.03
Consumer Credit 125066 127648 129521 131340 133107 149500
Gasoline Prices 0.85 0.77 0.72 0.68 0.64 0.45
Consumer Confidence Economic Expectations -10.9 -13.07 -13.13 -13.11 -13.12 -13.11
Consumer Confidence Financial Expectations -35.2 -38.37 -38.44 -38.41 -38.42 -38.41