The central bank of Colombia left the benchmark interest rate unchanged at 4.25 percent on Thursday March 22nd 2019, as widely expected. The central bank has kept the rate at its current level since last April, when they cut the monetary rate by 25 bps. Policymakers noted that the annual inflation rate fell to 3.01 percent in February from 3.15 percent in January, the lowest since 2014, and it is expected to remain somewhat above 3 percent. The Committee added that the new economic activity figures for the first quarter of 2019 suggest that the economy would grow at a faster pace than the previous quarter and it is projected a 3.5 percent expansion for 2019. Policymakers said that they will continue to monitor carefully the behaviour of inflation and projections of economic activity in the country, as well as the international situation. Interest Rate in Colombia averaged 8.73 percent from 1998 until 2019, reaching an all time high of 32 percent in May of 1998 and a record low of 3 percent in May of 2010.

Interest Rate in Colombia is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Colombia to stand at 4.75 in 12 months time. In the long-term, the Colombia Interest Rate is projected to trend around 4.75 percent in 2020, according to our econometric models.

Colombia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-26 10:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2018-12-21 09:30 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2019-01-31 05:50 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2019-03-22 08:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2019-04-26 08:00 PM Interest Rate Decision 4.25% 4.25%
2019-05-31 07:00 PM Interest Rate Decision 4.25%
2019-06-28 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 60422.49 61062.77 64377.56 44.84 COP Billion [+]
Money Supply M1 108964.87 108341.50 116395.82 164.44 COP Billion [+]
Money Supply M3 504081.31 497634.53 504403.74 317.55 COP Billion [+]
Foreign Exchange Reserves 50498.27 49208.63 50498.27 -134.90 USD Million [+]
Deposit Interest Rate 6.00 6.80 37.23 3.66 percent [+]
Money Supply M2 462736.64 456836.40 462736.64 648.14 COP Billion [+]
Loans To Private Sector 89.78 89.57 1426.67 -2108.10 COP Billion [+]
Central Bank Balance Sheet 190900.50 194667.60 194667.60 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 32.00 3.00 1998 - 2019 percent Daily




Country Last Previous
Argentina 67.12 Apr/19
Turkey 24.00 Mar/19
Mexico 8.25 Mar/19
Russia 7.75 Mar/19
South Africa 6.75 Mar/19
Brazil 6.50 Mar/19
India 6.00 Apr/19
Indonesia 6.00 Mar/19
China 4.35 Mar/19
Saudi Arabia 3.00 Mar/19
United States 2.50 Mar/19
Singapore 2.24 Mar/19
Canada 1.75 Mar/19
South Korea 1.75 Apr/19
Australia 1.50 Apr/19
United Kingdom 0.75 Mar/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Mar/19
Switzerland -0.75 Mar/19


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