Colombia Current Account - Forecast

Current Account in Colombia is expected to be -2450.00 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 -2418.36 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -0.83 -0.4 -0.5 -0.5 -0.6 -0.6
Exports 3.68 12 9 10.1 3.65 7.4
Imports 4.51 -3.7 3.5 4.7 5.3 4.2
Current Account -2831 -2450 -1800 -2000 -2418 -2500
Current Account to GDP -3.3 -4.2 -4.2 -4.1 -4.1 -3.5
External Debt 127321 127522 127481 127500 127491 127494
Foreign Direct Investment 2133 3288 3118 3201 3230 3228
Capital Flows -2580 -2215 -2052 -2313 -2192 -2194
Remittances 453 490 490 472 472 540
Gold Reserves 12.8 12.93 12.98 13.09 13.08 13.09
Crude Oil Production 769 767 759 751 744 705
Terms Of Trade 139 95.79 96.02 96.01 96.01 96
Terrorism Index 5.6 6 6 5.9 5.9 5.9