Colombia’s consumer confidence index rose to -14.7 in May of 2022, from -17.5 in the previous month, the highest since January. There was an improvement in future expectations (-3.5 vs -7.4 in April), particularly regarding the country's economic situation (-21.3 vs -27.8) and the household situation (16 vs 13.1). Also, current economic conditions were assessed more favorably (-31.5 vs -32.6), but the index gauging the propensity to buy durable goods decreased (-45.1 vs -41.7). source: Fedesarrollo

Consumer Confidence in Colombia averaged 7.22 points from 2001 until 2022, reaching an all time high of 38.80 points in August of 2010 and a record low of -41.30 points in April of 2020. This page provides - Colombia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Consumer Confidence in Colombia is expected to be -15.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Consumer Confidence is projected to trend around 15.00 points in 2023 and 20.00 points in 2024, according to our econometric models.

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Colombia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-05-11 02:30 PM Apr -17.5 -17.8 -17
2022-06-08 03:00 PM May -14.7 -17.5 -17
2022-07-08 02:30 PM Jun -14.7 -15


Related Last Previous Unit Reference
Consumer Confidence -14.70 -17.50 points May 2022

Colombia Consumer Confidence
In Colombia, Consumer Opinion Survey (EOC), measures the level of optimism that households have about their economic situation and the country's general economic condition taking into account information regarding the previous and the next year. The survey gives an inside about consumers’ willingness to buy household appliances and vehicles, and their ability to qualify for a credit. The survey is based on a sample of around 600 persons, age 25-44, living in the 4 biggest Colombian cities and with different levels of income (low, medium and high).
Actual Previous Highest Lowest Dates Unit Frequency
-14.70 -17.50 38.80 -41.30 2001 - 2022 points Monthly

News Stream
Colombia Consumer Morale Improves to 4-Month High
Colombia’s consumer confidence index rose to -14.7 in May of 2022, from -17.5 in the previous month, the highest since January. There was an improvement in future expectations (-3.5 vs -7.4 in April), particularly regarding the country's economic situation (-21.3 vs -27.8) and the household situation (16 vs 13.1). Also, current economic conditions were assessed more favorably (-31.5 vs -32.6), but the index gauging the propensity to buy durable goods decreased (-45.1 vs -41.7).
2022-06-08
Colombia Consumer Confidence Edges Up
Colombia’s consumer confidence index rose slightly to -17.5 in April of 2022, from -17.8 in the previous month, which was the lowest reading since last June. There was an improvement in future expectations (-7.4 vs -8.2 in March), particularly regarding the country's economic situation (-27.8 vs -31.8) and the household situation (13.1 vs 12.2). Meanwhile, current economic conditions were assessed less favorably (-32.6 vs -32.3), as the index gauging the propensity to buy durable goods decreased (-41.7 vs -39.4).
2022-05-11
Colombia Consumer Morale Weakens for 5th Month
Colombia’s consumer confidence index fell for the fifth straight month to -17.8 in March of 2022, from -17.5 in the previous month. It was the lowest reading since June, amid a deterioration in future expectations (-8.2 vs -4.7 in February). On the other hand, there was a slight improvement in current economic conditions (-32.3 vs -36.8), as the index gauging the propensity to buy durable goods improved (-39.4 vs -52.2).
2022-04-11