Colombia’s consumer confidence index rose to -3 in September of 2021 from -8.2 in the previous month. Despite remaining in negative territory, it was the highest reading since January of 2020. Improvements were seen in both future expectations 14.1 vs 6.2 in August) and current economic conditions (-28.7 vs -29.9), mainly for the country's economic situation and household position. Meanwhile, the availability to buy durable goods increased. source: Fedesarrollo

Consumer Confidence in Colombia averaged 7.84 points from 2001 until 2021, 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 October of 2021.

Consumer Confidence in Colombia is expected to be 3.00 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 6.00 points in 2022, according to our econometric models.

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Colombia Consumer Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-09-08 04:00 PM Aug -8.2 -7.5 -10
2021-10-07 03:00 PM Sep -3 -8.2 -8.5
2021-11-08 02:15 PM Oct -3


News Stream
Colombia Consumer Morale Jumps to Over 1-1/2 Year High in September
Colombia’s consumer confidence index rose to -3 in September of 2021 from -8.2 in the previous month. Despite remaining in negative territory, it was the highest reading since January of 2020. Improvements were seen in both future expectations 14.1 vs 6.2 in August) and current economic conditions (-28.7 vs -29.9), mainly for the country's economic situation and household position. Meanwhile, the availability to buy durable goods increased.
2021-10-07
Colombia Consumer Morale Falls in August
Colombia’s Consumer Confidence Index edged down to -8.2 in August of 2021 from -7.5 percent in the previous month, dragged down by consumer expectations (6.2 vs 8.6 in July) but recording improved results in current economic conditions (-29.9 vs-31.7). Consumers were less optimistic with their household’s economic future (30.4 vs 34.0) and more pessimistic about Colombia’s economic future (-14.7 vs -10). On the other hand, households reported that their economic situation had improved over the last year (-14.8 vs -20.1) but less households think it is a good time to purchase furniture and appliances (-45.1 vs -43.3).
2021-09-08
Colombia Consumer Morale Jumps to 3-Month High
Colombia’s consumer confidence index improved to -22.3 in June from -34.3 in the previous month and was the highest reading since last March, lifted by both consumer expectations (-4.6 from -16.0 in May) and current economic conditions (48.8 from -61.7). Consumers were more optimistic regarding their household’s future economic situation (23.2 from 15.3) and were less pessimistic about the country’s economic outlook (-3.0 from -16.0). Additionally, a larger share of respondents said it was a good time to make purchases of furniture or household appliances (-57.2 from -65.2), and that their economic situation had improved over the past year (-40.3 from -58.2).
2021-07-08

Colombia Last Unit Reference Previous Highest Lowest
Consumer Confidence -3.00 points Sep/21 -8.20 38.80 -41.30


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).