Consumer Spending in Colombia increased to 152039.94 COP Billion in the first quarter of 2019 from 149236.34 COP Billion in the fourth quarter of 2018. Consumer Spending in Colombia averaged 72476.02 COP Billion from 2000 until 2019, reaching an all time high of 152039.94 COP Billion in the first quarter of 2019 and a record low of 48409 COP Billion in the first quarter of 2000.
Consumer Spending in Colombia is expected to be 147564.00 COP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Colombia to stand at 154012.00 in 12 months time. In the long-term, the Colombia Consumer Spending is projected to trend around 164822.00 COP Billion in 2020, according to our econometric models.