Colombia’s consumer confidence index rose by 2.5 points to -22.3 in December of 2022, after three consecutive months of decreases. This shows a slight recovery of consumer confidence, although the index remains in negative territory. There were improvements in both future expectations (-11.2 vs -14.5 in November) and current economic conditions (-39 vs -40.2). Additionally, willingness to buy furniture and home appliances increased relative to the last month (-51.6 vs -52.9), while willingness to invest in a house decreased (-48.1 vs -42.7). source: Fedesarrollo

Consumer Confidence in Colombia averaged 6.67 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 January of 2023.

Consumer Confidence in Colombia is expected to be -12.00 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 5.00 points in 2024 and 6.00 points in 2025, according to our econometric models.

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Colombia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 04:00 PM Nov -24.8 -19.5 -19
2023-01-11 03:00 PM Dec -22.3 -24.8 -10
2023-02-18 02:00 PM Jan -22.3 -18


Related Last Previous Unit Reference
Consumer Confidence -22.30 -24.80 points Dec 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
-22.30 -24.80 38.80 -41.30 2001 - 2022 points Monthly

News Stream
Colombia Consumer Morale Improves Slightly in December
Colombia’s consumer confidence index rose by 2.5 points to -22.3 in December of 2022, after three consecutive months of decreases. This shows a slight recovery of consumer confidence, although the index remains in negative territory. There were improvements in both future expectations (-11.2 vs -14.5 in November) and current economic conditions (-39 vs -40.2). Additionally, willingness to buy furniture and home appliances increased relative to the last month (-51.6 vs -52.9), while willingness to invest in a house decreased (-48.1 vs -42.7).
2023-01-11
Colombia Consumer Morale Weakens Further in November
Colombia’s consumer confidence index fell by 5.3 points to -24.8 in November of 2022, from -19.5 in the prior month. The latest reading pointed to a further deterioration in consumer sentiment that was the strongest since May of 2021, led by a sharp decline in future expectations (-14.5 vs -7.3), particularly regarding the global economic situation (-36.3 vs -19.5) and the country's economic situation (-12.7 vs -6.8). The assessment of current economic conditions was more negative (-40.2 vs -37.9), and the index gauging the propensity to buy durable goods also decreased (-52.9 vs -47.4).
2022-12-07
Colombia Consumer Morale Slips to Near 1-1/2-Year Low
Colombia’s consumer confidence index fell by 8 points to -19.5 in October of 2022, from -11.5 in September. The latest reading pointed to a further deterioration in consumer sentiment that was the strongest since June of 2021, amid declines in both current economic conditions (-37.9 vs -31.1 in September) and future expectations (-7.3 vs 1.6). The index gauging the propensity to buy durable goods also decreased (-47.4 vs -42.5).
2022-11-08