Markets Actual Q4 Q1 Q2 Q3 2020
Currency 3178.00 3026 3053 3081 3108 3222
Stock Market (points) 1365.35 1505 1491 1477 1464 1410
Government Bond 10Y (%) 6.84 6.95 7.02 7.08 7.15 7.42
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.20 0.8 0.8 1 1 1.4
GDP Annual Growth Rate (%) 2.70 2.7 2.8 3 3.2 3.3
Unemployment Rate (%) 9.10 8.8 9.3 9.2 9.2 9.2
Inflation Rate (%) 3.27 3.2 3.4 3.6 3.5 3.2
Inflation Rate Mom (%) 0.12 0.2 0.4 0.5 0.3 0.3
Interest Rate (%) 4.25 4.25 4.25 4.5 4.5 4.5
Balance of Trade (USD Billion) -0.50 0.6 -0.15 -0.43 -0.15 1.2
Current Account (USD Million) -3109.00 -1800 -2000 -2200 -2300 -2300
Current Account to GDP (%) -3.30 -2.6 -2.7 -2.7 -2.7 -2.8
Government Debt to GDP (%) 48.50 50 52 52 52 53
Government Budget (% of GDP) -3.00 -2.9 -2.8 -2.8 -2.8 -3
Business Confidence (Index Points) 1.30 -1 1.8 3 4.5 5.4
Consumer Confidence (Index Points) -1.30 -3 1.2 1.8 2.6 3.6
Retail Sales MoM (%) -2.00 1.7 -15 1.66 1.67 1.6
Corporate Tax Rate (%) 34.00 34 34 34 34 34
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.20 0.8 0.8 1 1 1.4
GDP Annual Growth Rate (%) 2.70 2.7 2.8 3 3.2 3.3
GDP (USD Billion) 309.19 345 370 370 370 375
GDP Constant Prices (COP Billion) 213273.78 233042 206452 215940 220099 248196
Gross Fixed Capital Formation (COP Billion) 48815.66 38244 47255 48029 48123 40731
GDP per capita (USD) 7600.76 7790 8400 8400 8400 8600
GDP per capita PPP (USD) 13254.95 13285 13530 13530 13530 13900
GDP From Agriculture (COP Billion) 13130.25 13626 14069 13329 13550 14512
GDP From Construction (COP Billion) 15098.69 16884 13103 13660 15582 17982
GDP From Manufacturing (COP Billion) 26334.91 27104 24446 25973 27178 28866
GDP From Mining (COP Billion) 11119.17 11582 10804 11036 11475 12336
GDP From Transport (COP Billion) 10517.16 10819 10227 10602 10854 11523
GDP From Utilities (COP Billion) 6536.00 6556 6237 6395 6745 6983
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 9.10 8.8 9.3 9.2 9.2 9.2
Unemployed Persons (Thousand ) 2302.00 2300 2400 2380 2390 2500
Population (Million) 49.29 49.69 50.1 50.1 50.1 50.6
Wages High Skilled (COP/Month) 2598000.00 2502030 2480000 2480000 2480000 2508498
Wages Low Skilled (COP/Month) 899500.00 828000 834000 834000 834000 850000
Living Wage Family (COP/Month) 1095100.00 1140660 1135353 1135353 1135353 1096364
Living Wage Individual (COP/Month) 782100.00 778923 753328 781232 781232 754717
Employed Persons (Thousand) 23098.00 22475 22790 22803 22800 22800
Employment Rate (%) 59.20 57.91 58.45 58.5 58.47 58.48
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 3.27 3.2 3.4 3.6 3.5 3.2
Inflation Rate Mom (%) 0.12 0.2 0.4 0.5 0.3 0.3
Consumer Price Index CPI (Index Points) 142.84 143 146 147 147 153
Core Consumer Prices (Index Points) 146.65 148 150 151 152 159
Producer Prices (Index Points) 115.67 120 120 123 126 141
Food Inflation (%) 2.20 1.4 1.3 1.4 1.4 1.6
Producer Prices Change (%) 4.43 3 3.6 4.7 6.5 4.4
CPI Housing Utilities (Index Points) 147.55 147 148 150 152 156
CPI Transportation (Index Points) 133.56 133 136 137 138 142
Export Prices (Index Points) 113.85 109 109 109 110 109
Import Prices (Index Points) 118.53 115 117 118 118 118
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 4.25 4.25 4.25 4.5 4.5 4.5
Interbank Rate (%) 4.25 4.26 4.26 4.51 4.51 4.51
Deposit Interest Rate (%) 6.00 6 6 6.25 6.25 6.25
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (USD Billion) -0.50 0.6 -0.15 -0.43 -0.15 1.2
Current Account (USD Million) -3109.00 -1800 -2000 -2200 -2300 -2300
Current Account to GDP (%) -3.30 -2.6 -2.7 -2.7 -2.7 -2.8
Imports (USD Billion) 4.05 3.4 3.75 4 3.85 3.8
Exports (USD Billion) 3.79 4 3.6 3.57 3.7 5
External Debt (USD Million) 127758.82 127000 127100 127150 127200 127000
Terms Of Trade (Index Points) 145.29 94.86 93.23 93.07 93.06 92.56
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 48.50 50 52 52 52 53
Government Budget (% of GDP) -3.00 -2.9 -2.8 -2.8 -2.8 -3
Government Budget Value (COP Billion) -2622.44 -4214 -3832 -4277 -3802 -4047
Government Spending (COP Billion) 33223.94 25646 34201 34010 34076 27314
Government Revenues (COP Billion) 9547.01 13559 11736 12189 12180 12127
Fiscal Expenditure (COP Billion) 12169.45 17773 15568 16465 15982 16175
Military Expenditure (USD Million) 8976.14 9305 9395 9395 9395 9400
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 34.00 34 34 34 34 34
Sales Tax Rate (%) 19.00 19 19 19 19 19
Social Security Rate (%) 30.50 30.5 30.5 30.5 30.5 30.5
Social Security Rate For Companies (%) 20.50 20.5 20.5 20.5 20.5 20.5
Social Security Rate For Employees (%) 10.00 10 10 10 10 10
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 1.30 -1 1.8 3 4.5 5.4
Industrial Production (%) 2.90 1.7 -0.4 7.2 3 2.8
Leading Economic Index (%) 2.33 2.7 2.8 2.8 2.9 2.8
Manufacturing Pmi 51.60 51.2 52 51.7 52.3 54
Cement Production (Tonnes) 1107100.00 1150000 1120000 1100000 1108781 1300000
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) -1.30 -3 1.2 1.8 2.6 3.6
Retail Sales MoM (%) -2.00 1.7 -15 1.66 1.67 1.6
Retail Sales YoY (%) 5.90 3.4 3.8 4.4 5.7 4.1
Consumer Spending (COP Billion) 147245.34 91508 148244 149597 149887 97458
Gasoline Prices (USD/Liter) 0.77 0.77 0.75 0.74 0.73 0.67


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