The central bank of Colombia left the benchmark interest rate unchanged at 4.25 percent on 28 September 2018, matching market expectations. The decision was unanimous. Policymakers highlighted intensified risk aversion among global investors since the last meeting even noting that inflation continues close to the bank's target of 3 percent and economic growth indicators show moderate signs of improvement. The annual inflation rate in Colombia edged up to 3.2 percent in September 2018, compared to 3.1 percent in the previous month. Meantime, the bank expects Colombia’s GDP to expand 2.7 percent this year and 3.35 percent next, after growing 1.8 percent in 2017. Interest Rate in Colombia averaged 8.74 percent from 1998 until 2018, reaching an all time high of 32 percent in May of 1998 and a record low of 3 percent in May of 2010.

Colombia Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-27 08:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2018-09-28 10:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2018-10-26 10:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2018-11-30 08:00 PM Interest Rate Decision 4.25% 4.25%
2018-12-21 07:00 PM Interest Rate Decision 4.25%


Colombia Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.25 32.00 3.00 percent [+]
Interbank Rate 4.25 4.25 13.50 2.94 percent [+]
Money Supply M0 54003.17 53646.29 59363.04 44.84 COP Billion [+]
Money Supply M1 102505.87 100191.52 108437.20 164.44 COP Billion [+]
Money Supply M3 480194.19 477315.98 480194.19 317.55 COP Billion [+]
Foreign Exchange Reserves 47518.16 47511.72 47781.05 -134.90 USD Million [+]
Deposit Interest Rate 6.00 6.80 37.23 3.66 percent [+]
Money Supply M2 437095.44 441587.13 441587.13 648.14 COP Billion [+]
Loans To Private Sector 89.78 89.57 1426.67 -2108.10 COP Billion [+]
Central Bank Balance Sheet 184042.30 174647.70 184042.30 17217.55 COP Billion [+]


Colombia Interest Rate

In Colombia, interest rate decisions are taken by The Central Bank of Colombia (The Banco de la República). The Banco de la República implements monetary policy by changing interest rates, which either provide or withdraw liquidity from the economy. The official interest rates are the intervention interest rates (Tasas). This page provides the latest reported value for - Colombia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Interest Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 32.00 3.00 1998 - 2018 percent Daily




Country Last
Argentina 63.29 Nov/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
Brazil 6.50 Oct/18
India 6.50 Oct/18
South Africa 6.50 Oct/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Oct/18
Australia 1.50 Nov/18
South Korea 1.50 Oct/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18


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