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

Colombia's central bank unanimously lowered its benchmark interest rate by 25 bps to 4.25 percent on April 27 2018, as widely expected, following no change in the previous meeting. Policymakers underscored declining inflation and soft economic activity. Consumer prices in Colombia rose by 3.14 percent year-on-year in March of 2018, after a 3.37 percent increase in a month earlier while markets estimated 3.29 percent. It was the lowest inflation rate since September 2014. 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
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-29 08:30 PM Interest Rate Decision 4.5% 4.75% 4.75% 4.75%
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 12:30 AM Interest Rate Decision 4.25%
2018-07-27 08:00 PM Interest Rate Decision 4.25%
2018-08-31 08:00 PM Interest Rate Decision 4%


Colombia Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.50 32.00 3.00 percent [+]
Interbank Rate 4.24 4.24 13.50 2.94 percent [+]
Money Supply M0 51921.64 54050.94 59363.04 44.84 COP Billion [+]
Money Supply M1 98209.34 100115.40 108437.20 164.44 COP Billion [+]
Money Supply M3 471682.28 474374.42 477656.45 317.55 COP Billion [+]
Foreign Exchange Reserves 47502.63 47608.31 47781.05 -134.90 USD Million [+]
Deposit Interest Rate 6.80 4.60 37.23 3.66 percent [+]
Money Supply M2 433478.15 435891.21 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.50 32.00 3.00 1998 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 May/18
Mexico 7.50 May/18
Russia 7.25 Apr/18
Brazil 6.50 May/18
India 6.00 Apr/18
Indonesia 4.50 May/18
China 4.35 Apr/18
United States 1.75 May/18
Australia 1.50 May/18
South Korea 1.50 May/18
Canada 1.25 Apr/18
United Kingdom 0.50 May/18
Euro Area 0.00 Apr/18
France 0.00 Apr/18
Germany 0.00 Apr/18
Italy 0.00 Apr/18
Netherlands 0.00 Apr/18
Spain 0.00 Apr/18
Japan -0.10 Apr/18
Switzerland -0.75 Apr/18


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