Colombia Current Account - Forecast

Current Account in Colombia is expected to be -2300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Colombia to stand at -2000.00 in 12 months time. In the long-term, the Colombia Current Account is projected to trend around -2500.00 USD Million in 2020, according to our econometric models.


Colombia Current Account
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Colombia Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -0.56 12 7.85 5.5 5.3 3.2
Exports 3.34 14 12 9 10.1 7.4
Imports 3.91 -10 -3.7 3.5 4.8 4.2
Current Account -1901 -2300 -2450 -1800 -2000 -2500
Current Account to GDP -3.3 -4.2 -4.2 -4.2 -4.1 -3.5
External Debt 124375 123316 123303 123212 123198 123252
Foreign Direct Investment 3848 3911 4118 3952 4085 4021
Capital Flows -1716 -2044 -2210 -2127 -2169 -2155
Remittances 453 485 490 490 475 540
Gold Reserves 11.7 8.04 7.61 7.56 7.55 7.55
Crude Oil Production 854 830 828 826 824 805
Terms Of Trade 134 91.78 90.13 89.63 90.1 88.88
Terrorism Index 5.6 6 6 6 5.92 6