Colombia Interest Rate  1998-2017 | Data | Chart | Calendar | Forecast

The central bank of Colombia unanimously voted to leave its benchmark interest rate unchanged at 4.75 percent on 14 December 2017. The move was expected by consensus and leaves borrowing costs at the lowest level since September of 2015 amid better-than-expected inflation and weak growth. Consumer prices in Colombia went up 4.12 percent year-on-year in November of 2017, higher than 4.05 percent in October and above expectations of 4.06 percent. Policymakers underscored the weaker-than-expected GDP growth for the third quarter (2.0 percent vs central bank’s 2.3 percent estimate). Interest Rate in Colombia averaged 8.76 percent from 1998 until 2017, reaching an all time high of 32 percent in May of 1998 and a record low of 3 percent in May of 2010.

Colombia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-27 05:45 PM Interest Rate Decision 5% 5.25% 5.25% 5.25%
2017-11-24 08:00 PM Interest Rate Decision 4.75% 5% 5.00% 5%
2017-12-14 08:00 PM Interest Rate Decision 4.75% 4.75% 4.75% 4.75%
2018-01-27 07:20 PM Interest Rate Decision 4.75%
2018-02-24 07:15 PM Interest Rate Decision
2018-03-24 07:25 PM Interest Rate Decision


Colombia Money Last Previous Highest Lowest Unit
Interest Rate 4.75 4.75 32.00 3.00 percent [+]
Interbank Rate 4.74 4.74 13.50 2.94 percent [+]
Money Supply M0 53784.31 49985.40 54871.02 44.84 COP Billion [+]
Money Supply M1 98025.36 94805.39 103068.87 164.44 COP Billion [+]
Money Supply M3 455392.83 452180.29 455912.03 317.55 COP Billion [+]
Foreign Exchange Reserves 47401.26 47407.84 47565.92 -134.90 USD Million [+]
Deposit Interest Rate 6.80 4.60 37.23 3.66 percent [+]
Money Supply M2 417643.27 414830.79 418156.34 648.14 COP Billion [+]
Loans To Private Sector 89.78 89.57 1426.67 -2108.10 COP Billion [+]
Central Bank Balance Sheet 168860.40 165980.00 179500.10 17217.55 COP Billion [+]


Colombia Interest Rate

In Colombia, interest rate decisions are taken by The Central Bank of Colombia (The Banco de la República). The Banco de la República implements monetary policy by changing interest rates, which either provide or withdraw liquidity from the economy. The official interest rates are the intervention interest rates (Tasas). This page provides the latest reported value for - Colombia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.75 4.75 32.00 3.00 1998 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Dec/17
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Dec/17
Australia 1.50 Dec/17
South Korea 1.50 Nov/17
United States 1.50 Dec/17
Canada 1.00 Dec/17
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Oct/17
Switzerland -0.75 Dec/17