Colombia's retail sales shrank 2.8 percent year-on-year in December of 2020, following a 4.1 percent rise in the prior month. In December, 10 out of 19 major retail categories recorded decreases, mostly footwear & leather goods (-23.6 percent); clothing & textiles (-16.2 percent); other motor vehicles and motorcycles (-11.5 percent) and sound, video equipment and apparatus (-8.3 percent). In 2020, retail activity declined 7.8 percent. On a monthly basis, retail sales jumped 14.4 percent, after a downwardly revised 6.3 percent rise in the prior month. source: Dane, Colombia

Retail Sales YoY in Colombia averaged 4.56 percent from 2000 until 2020, reaching an all time high of 23.37 percent in April of 2011 and a record low of -43 percent in April of 2020. This page provides the latest reported value for - Colombia Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Retail Sales YoY in Colombia is expected to be -3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Colombia to stand at 6.00 in 12 months time. In the long-term, the Colombia Retail Sales YoY is projected to trend around 4.90 percent in 2022, according to our econometric models.

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Colombia Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-2.80 4.10 23.37 -43.00 2000 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-13 04:00 PM Sep -0.8% -17.1% -9.8% -10.1%
2020-12-14 03:00 PM Oct 3% -0.8% -1.3%
2021-01-18 03:00 PM Nov 4.1% 3% 4.2% 2.1%
2021-02-12 03:00 PM Dec -2.8% 4.1% 6%
2021-03-15 03:00 PM Jan -2.8%
2021-04-15 03:00 PM Feb
2021-05-13 03:00 PM Mar
2021-06-15 03:00 PM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Colombia Retail Sales Fall in December
Colombia's retail sales shrank 2.8 percent year-on-year in December of 2020, following a 4.1 percent rise in the prior month. In December, 10 out of 19 major retail categories recorded decreases, mostly footwear & leather goods (-23.6 percent); clothing & textiles (-16.2 percent); other motor vehicles and motorcycles (-11.5 percent) and sound, video equipment and apparatus (-8.3 percent). In 2020, retail activity declined 7.8 percent. On a monthly basis, retail sales jumped 14.4 percent, after a downwardly revised 6.3 percent rise in the prior month.
2021-02-12
Colombia Retail Sales Rise Faster in November
Colombia's retail sales grew 4.1 percent over a year earlier in November of 2020, following a 3 percent rise in the prior month and slightly below market expectations of a 4.2 percent gain. It was the second consecutive rise in retail activity since February. In November 12 out of 19 major retail categories recorded increases, primarily computer and telecommunications equipment for personal or domestic use (44.9 percent); home appliances, furniture (43.4 percent) and sound and video equipment and apparatus (55.5 percent). On a monthly basis, retail sales advanced 6.4 percent, after rising 7.1 percent in the previous month.
2021-01-18
Colombia Retail Sales Rebound in October
Colombia's retail sales rose 3 percent over a year earlier in October of 2020, following a 0.8 percent fall in the previous month. It was the first rise in trade since February before the pandemic crisis, amid the ongoing relaxation of coronavirus restrictions. Main increases were seen in sales of food (5.2 percent); computer and telecommunications equipment for personal or domestic use (30.9 percent); home appliances, furniture (28.3 percent); household cleaning products (31.4 percent); alcoholic beverages & tobacco (36 percent) and sound and video equipment and apparatus (31.3 percent).
2020-12-14
Colombia Retail Sales Drop Less than Expected in September
Colombia's retail sales fell 0.8 percent year-on-year in September 2020, after plunging 17.1 percent in the previous month and compared with market forecasts of a 9.8 percent drop. It was the seventh successive decline in retail trade, still the smallest in the current sequence amid the ongoing relaxation of coronavirus restrictions. In September, 10 out of 19 major retail categories recorded decreases, namely fuels (-5.6 percent); clothing (-15.2 percent); automotive vehicles & motorcycles (-6.3 percent); footwear & leather goods (-31.3 percent); other automotive vehicles & motorcycles (-6.5 percent); non-alcoholic beverages (-20.7 percent); and spare parts, accessories and lubricants for vehicles (-3.3 percent). On a monthly basis, retail trade jumped 14.8 percent, rebounding from an upwardly revised 2.8 percent drop in the prior month.
2020-11-13

Colombia Retail Sales YoY
In Colombia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.