Colombia Private Sector Credit  Forecast


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Private Sector Credit in Colombia is expected to be 224117.74 COP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Colombia to stand at 211163.44 in 12 months time. In the long-term, the Colombia Private Sector Credit is projected to trend around 181234.90 COP Million in 2020, according to our econometric models.


Colombia Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -10.6 -12 -10 -8 -8 -7
Retail Sales MoM -2.3 2.01 3.05 1.97 2.04 1.6
Retail Sales YoY 1.4 1 1 1.2 0.7 2.3
Consumer Spending 88383 88548 88548 88538 88393 86244
Private Sector Credit 227109 224118 219611 215293 211163 181235
Consumer Credit 121318 123458 125539 127392 129033 136468
Gasoline Prices 0.76 0.76 0.75 0.75 0.74 0.72
Consumer Confidence Economic Expectations -10.9 -6.34 -4.24 -2.4 -0.78 7.44
Consumer Confidence Financial Expectations -35.2 -27.81 -25.21 -22.77 -20.69 -10.84