Colombia Current Account Tradingeconomics.com Colombia Current Account Forecast

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Colombia Current Account Tradingeconomics.com Colombia Current Account Forecast - was last updated on Monday, June 25, 2018.


Overview Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.40 0.9 0.6 0.8 0.8 1.5 percent
Unemployment Rate 9.50 10.8 10.7 10.8 10.6 9.4 percent
Inflation Rate 3.16 3.3 3.2 3 3.2 3.3 percent
Interest Rate 4.25 4.25 4 4 4 3.5 percent
Balance of Trade -0.52 -0.6 -0.4 -0.5 -0.5 -0.6 USD Billion
Government Debt to GDP 48.50 46 46 45 45 47 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 2914.00
2844 2909 2975 3042 3328
Stock Market 1522.79
points
1457 1423 1389 1356 1232
Government Bond 10Y 6.61
percent
6.75 6.97 7.2 7.44 8.46
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 0.40
percent
0.9 0.6 0.8 0.8 1.5
GDP Annual Growth Rate 2.20
percent
2.5 2.6 2.5 2.5 3
GDP 282.46
USD Billion
345 345 345 370 375
GDP Constant Prices 199578.81
COP Billion
139236 140377 142446 140052 150828
Gross Fixed Capital Formation 37239.00
COP Billion
37600 37447 38170 37670 40416
GDP per capita 7525.90
USD
7790 7790 7790 8070 8150
GDP per capita PPP 13124.30
USD
13000 13285 13000 13730 13900
Gdp From Agriculture 13252.00
COP Billion
8624 8941 8863 8915 9385
Gdp From Construction 12157.00
COP Billion
10126 10127 10243 10145 10846
Gdp From Manufacturing 23842.00
COP Billion
15137 15211 15398 15564 16304
Gdp From Mining 10333.00
COP Billion
8443 8606 8624 8459 9132
Gdp From Transport 9671.00
COP Billion
9795 9888 9913 9887 10496
Gdp From Utilities 6048.00
COP Billion
4653 4691 4790 4729 5072
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.50
percent
10.8 10.7 10.8 10.6 9.4
Unemployed Persons 2369.49
Thousand
2900 3200 3200 3200 3350
Population 49.29
Million
50.3 49.14 50 49.41 51.5
Wages High Skilled 2499200.00
COP/Month
2502030 2502030 2502030 2502030 2508498
Wages Low Skilled 830100.00
COP/Month
840000 840000 840000 840000 850000
Labor Force Participation Rate 63.30
percent
64.64 64.51 64.5 64.48 65
Living Wage Family 1098000.00
COP/Month
1098000 1098000 1098000 1135353 1098000
Living Wage Individual 776200.00
COP/Month
776200 776200 776200 776200 776200
Employed Persons 22671.16
Thousand
22411 22243 22327 22282 22298
Employment Rate 58.50
percent
57.97 57.44 57.75 57.57 57.63
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 3.16
percent
3.3 3.2 3 3.2 3.3
Inflation Rate Mom 0.25
percent
0.7 0.6 0.5 0.4 0.3
Consumer Price Index CPI 142.06
Index Points
142 142 143 146 152
Core Consumer Prices 145.96
Index Points
146 146 148 150 158
Core Inflation Rate 3.79
percent
3.67 3.49 3.39 3.34 3.29
Producer Prices 113.86
Index Points
113 116 120 119 135
Food Inflation 1.50
percent
2.1 2.2 2.2 2.7 2.3
Producer Prices Change 7.02
percent
6.5 6.8 7.4 7.1 6
CPI Housing Utilities 145.49
Index Points
145 146 146 148 156
CPI Transportation 132.56
Index Points
132 132 133 136 142
Export Prices 111.18
Index Points
112 110 110 110 110
Import Prices 113.38
Index Points
114 114 115 115 115
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.25
percent
4.25 4 4 4 3.5
Interbank Rate 4.25
percent
4.25 4 4 4 3.5
Money Supply M0 51354.36
COP Billion
52090 52621 52399 52452 52441
Money Supply M1 98910.85
COP Billion
99126 99167 99162 99163 99163
Money Supply M3 471565.30
COP Billion
475135 481503 487746 493793 557785
Foreign Exchange Reserves 47600.78
USD Million
47583 47601 47597 47604 47607
Deposit Interest Rate 6.00
percent
6 5.75 5.75 5.75 5.25
Money Supply M2 433478.15
COP Billion
439288 445054 451063 456981 518940
Central Bank Balance Sheet 161095.00
COP Billion
163627 162297 161886 162498 162293
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -0.52
USD Billion
-0.6 -0.4 -0.5 -0.5 -0.6
Exports 3.72
USD Billion
14 12 9 10.1 7.4
Imports 4.24
USD Billion
0 -3.7 3.5 4.8 4.2
Current Account -2831.00
USD Million
-2300 -2450 -1800 -2000 -2500
Current Account to GDP -3.30
percent
-4.2 -4.2 -4.2 -4.1 -3.5
External Debt 126686.10
COP Billion
125300 126636 125421 126526 125813
Foreign Direct Investment 2133.11
USD Million
3410 3288 3118 3201 3228
Capital Flows -2579.83
USD Million
-2191 -2215 -2052 -2313 -2194
Remittances 453.20
USD Million
485 490 490 475 540
Gold Reserves 12.80
Tonnes
12.41 12.93 12.98 13.09 13.09
Crude Oil Production 824.00
BBL/D/1K
829 829 829 829 829
Terms Of Trade 134.29
Index Points
97.87 96.31 96.24 96.25 96.16
Terrorism Index 5.60
6 6 6 5.92 6
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 48.50
percent
46 46 45 45 47
Government Budget -3.00
percent of GDP
-3.8 -3.8 -3.8 -4.07 -3.7
Government Budget Value -876.25
COP Billion
-2072 -2868 -2753 -2885 -2798
Government Spending 33269.24
COP Billion
24976 25094 25596 25189 27102
Government Revenues 14378.36
COP Billion
11947 11988 11836 11890 11883
Fiscal Expenditure 15254.61
COP Billion
14019 14857 14558 14776 14681
Military Expenditure 8976.14
USD Million
9853 9958 10064 10115 11172
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 2.00
Index Points
1.8 1.4 1.5 1.4 2
Industrial Production 10.50
percent
1.5 2.2 1.7 -0.4 2.8
Total Vehicle Sales 13457.00
Cars
14769 13686 13041 13702 13336
Car Registrations 18293.00
19359 18604 18187 18800 18735
Leading Economic Index 3.50
percent
2.4 2.6 2.5 2.2 2.6
Internet Speed 5523.06
KBps
5953 6141 6262 6367 7796
IP Addresses 5185338.00
IP
4629415 4766838 4579935 4693934 4532621
Steel Production 100.00
Thousand Tonnes
103 105 105 104 105
Cement Production 1031643.00
Tonnes
1100000 1110000 1150000 1120000 1300000
Competitiveness Index 4.29
Points
4.29 4.29 4.29 4.29 4.29
Competitiveness Rank 66.00
63 63 63 63 63
Capacity Utilization 79.67
percent
78.35 78.63 78.61 78.61 78.61
Corruption Index 37.00
Points
36 36 36 36 35
Corruption Rank 96.00
88 88 88 100 87
Ease of Doing Business 59.00
53 53 52 53 49
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Confidence 8.90
Index Points
13 23 28 28 28
Retail Sales MoM -4.50
percent
-8 1.5 1.7 -15 1.6
Retail Sales YoY 6.30
percent
6.8 1.3 3.4 3.8 4.1
Consumer Spending 144206.27
COP Billion
89720 90150 91330 90655 96703
Private Sector Credit 200035.05
COP Million
201886 200563 199967 199579 198958
Consumer Credit 125539.91
COP Billion
127228 128905 130532 132109 146597
Households Debt To Gdp 26.32
Percent
26.22 26.14 26.13 26.08 25.94
Gasoline Prices 0.83
USD/Liter
0.83 0.78 0.74 0.69 0.48
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Housing Index 125.42
Index Points
127 129 131 133 152
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 34.00
percent
34 34 34 37 34
Personal Income Tax Rate 33.00
percent
33 33 33 33 33
Sales Tax Rate 19.00
percent
19 19 19 19 19
Social Security Rate 30.50
percent
30.5 30.5 30.5 31 48.2
Social Security Rate For Companies 20.50
percent
40.2 40.2 40.2 20.5 40.2
Social Security Rate For Employees 10.00
percent
8 8 8 10 8
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 96.30
mm
284 247 211 136 224
Temperature 25.45
celsius
24.65 24.74 24.61 25.13 25.32