Colombia Interest Rate  1998-2018 | Data | Chart | Calendar | Forecast

The central bank of Colombia left the benchmark interest rate unchanged at 4.25 percent on 6 June 2018, following no change in the previous meeting. Policymakers underscored persistently-weak economic growth and uncertainty of a recovery. They also mentioned that inflationary risks are currently tilted upwards. Consumer prices in Colombia rose by 3.16 percent year-on-year in May of 2018, after a 3.13 percent increase in the previous month while markets estimated 3.15 percent. It was the highest inflation three months. Interest Rate in Colombia averaged 8.75 percent from 1998 until 2018, 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
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2018-03-21 01:30 AM Interest Rate Decision 4.5% 4.5% 4.5% 4.5%
2018-04-27 08:00 PM Interest Rate Decision 4.25% 4.5% 4.25% 4.25%
2018-06-29 10:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2018-07-27 08:00 PM Interest Rate Decision 4.25% 4.25%
2018-08-31 08:00 PM Interest Rate Decision 4.25%
2018-09-28 07:00 PM Interest Rate Decision 4.25%


Colombia Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.25 32.00 3.00 percent [+]
Interbank Rate 4.26 4.26 13.50 2.94 percent [+]
Money Supply M0 53627.65 51354.36 59363.04 44.84 COP Billion [+]
Money Supply M1 98935.18 98910.85 108437.20 164.44 COP Billion [+]
Money Supply M3 471565.30 471682.28 477656.45 317.55 COP Billion [+]
Foreign Exchange Reserves 47491.08 47600.78 47781.05 -134.90 USD Million [+]
Deposit Interest Rate 6.00 6.80 37.23 3.66 percent [+]
Money Supply M2 432300.10 433478.15 437122.97 648.14 COP Billion [+]
Loans To Private Sector 89.78 89.57 1426.67 -2108.10 COP Billion [+]
Central Bank Balance Sheet 161095.00 166396.20 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 32.00 3.00 1998 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jun/18
Mexico 7.75 Jun/18
Russia 7.25 Jun/18
Brazil 6.50 Jun/18
India 6.25 Jun/18
Indonesia 5.25 Jun/18
China 4.35 Jun/18
United States 2.00 Jun/18
Australia 1.50 Jul/18
Canada 1.50 Jul/18
South Korea 1.50 Jul/18
United Kingdom 0.50 Jul/18
Euro Area 0.00 Jun/18
France 0.00 Jun/18
Germany 0.00 Jun/18
Italy 0.00 Jun/18
Netherlands 0.00 Jun/18
Spain 0.00 Jun/18
Japan -0.10 Jun/18
Switzerland -0.75 Jun/18


Related

Latest