Colombia Current Account to GDP  Forecast 2016-2020

Current Account to GDP in Colombia is expected to be -4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Current Account to GDP is projected to trend around -3.50 percent in 2020, according to our econometric models.

Colombia Current Account to GDP
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Colombia Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -1 -0.8 -0.7 -1 -0.9 -1
Exports 2.78 2.5 3 3.2 3.2 3.3
Imports 3.78 3.8 3.5 3.7 4 2.6
Current Account -3182 -2900 -2800 -2650 -2650 -2500
Current Account to GDP -4.4 -4.3 -4.3 -4.4 -4.2 -3.5
External Debt 122412 127654 123301 126763 124021 125116
Capital Flows -2858 -2776 -2611 -2736 -2741 -2709
Foreign Direct Investment 2515 2792 2838 2850 2879 2944
Remittances 488 459 465 468 469 469
Gold Reserves 5.76 6.71 6.98 7.23 7.43 8.03
Crude Oil Production 804 819 819 819 819 819
Terms Of Trade 125 140 136 138 137 137
Terrorism Index 5.95 6.04 5.97 6.02 6.07 6.5