Colombia recorded a Current Account deficit of 3917 USD Million in the third quarter of 2019. Current Account in Colombia averaged -1748.77 USD Million from 1996 until 2019, 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. source: Banco de la República de Colombia

Current Account in Colombia is expected to be -3300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Colombia to stand at -3200.00 in 12 months time. In the long-term, the Colombia Current Account is projected to trend around -3500.00 USD Million in 2020, according to our econometric models.


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Colombia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-3917.00 -2887.00 364.00 -6452.00 1996 - 2019 USD Million Quarterly


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).

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -1.87 -1.01 0.81 -1.97 USD Billion [+]
Current Account -3917.00 -2887.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.80 -3.30 4.10 -6.40 percent [+]
Imports 4.76 4.33 6.08 0.28 USD Billion [+]
Exports 2.89 3.32 5.71 0.02 USD Billion [+]
External Debt 137633.12 136184.39 137633.12 36431.04 USD Million [+]
Foreign Direct Investment 3330.18 4050.97 6776.22 197.17 USD Million [+]
Capital Flows -3219.49 -3273.06 359.83 -6193.64 USD Million [+]
Remittances 596.90 555.80 944.50 162.44 USD Million [+]
Gold Reserves 18.92 18.92 18.92 3.49 Tonnes [+]
Crude Oil Production 884.00 882.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 135.41 133.52 165.96 73.87 points [+]
Terrorism Index 5.91 5.61 7.16 5.58 [+]