Colombia recorded a Current Account deficit of 4636 USD Million in the second quarter of 2021. source: Banco de la República de Colombia

Current Account in Colombia averaged -1833.40 USD Million from 1996 until 2021, reaching an all time high of 364 USD Million in the third quarter of 2000 and a record low of -6452 USD Million in the fourth quarter of 2014. This page provides the latest reported value for - Colombia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Current Account - values, historical data and charts - was last updated on October of 2021.

Current Account in Colombia is expected to be -3709.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Current Account is projected to trend around -3900.00 USD Million in 2022 and -4052.00 USD Million in 2023, according to our econometric models.

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Colombia Current Account

Colombia Last Unit Reference Previous Highest Lowest
Current Account -4636.00 USD Million Jun/21 -3633.00 364.00 -6452.00
Current Account to GDP -3.40 percent of GDP Dec/20 -4.30 4.10 -6.30
External Debt 157491.85 USD Million Jun/21 157523.42 157523.42 36431.04
Capital Flows -4149.21 USD Million Jun/21 -3162.43 359.83 -6193.64
Foreign Direct Investment 2703.07 USD Million Mar/21 2211.23 6776.22 197.17
Terms Of Trade 135.83 points Aug/21 133.99 165.96 73.87

Colombia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).