The benchmark interest rate in Colombia was last recorded at 1.75 percent. source: Banco de la República de Colombia

Interest Rate in Colombia averaged 8.66 percent from 1998 until 2021, reaching an all time high of 32 percent in May of 1998 and a record low of 1.75 percent in September of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Interest Rate in Colombia is expected to be 1.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Interest Rate is projected to trend around 3.00 percent in 2022 and 3.50 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Colombia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.75 1.75 32.00 1.75 1998 - 2021 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2021-04-30 06:45 PM 1.75% 1.75% 1.75% 1.75%
2021-05-28 06:00 PM 1.75% 1.75% 1.75%
2021-06-28 06:00 PM 1.75% 1.75% 1.75% 1.75%
2021-07-30 06:30 PM 1.75% 1.75% 1.75% 1.75%
2021-09-30 06:00 PM 1.75% 1.75%
2021-10-29 06:00 PM
2021-11-26 06:00 PM
2021-12-17 06:00 PM


News Stream
Colombia Holds Interest Rate at 1.75%
The central bank of Colombia decided, in a vote of six votes to one, to keep its benchmark interest rate on hold at 1.75% during its March 2021 meeting, as widely expected. Policymakers noted that the annual inflation rate eased to a 4-month low of 1.51% in March, below the central bank's target of 3%. The Committee also revised upward its GDP growth forecast from 5.2% to 6.0% this year.
2021-04-30
Colombia Leaves Interest Rate Unchanged at 1.75%
The central bank of Colombia voted unanimously to keep its benchmark interest rate on hold at 1.75% during its March 2021 meeting, as widely expected. Policymakers noted that the annual inflation rate eased to a 3-month low of 1.56% in February, below the central bank's target of 3%. The Committee also revised upward its GDP growth forecast to 5.2% this year.
2021-03-26
Colombia Holds Interest Rate at 1.75%
The central bank of Colombia left its key interest rate steady at a record low of 1.75 percent on January 29th of 2021, as widely expected. The decision was backed by five of the seven board members. Policymakers noted that inflation was at 1.6 percent in 2020, well below the 3% central bank’s target. The Committee expects inflation to remain at low levels during the first quarter and a subsequent acceleration during the rest of the year. Also, the central bank continues to forecast the annual inflation rate at 2.7 percent by the end of 2021 and at 3 percent by the end of 2022.
2021-01-29
Colombia Holds Interest Rate at 1.75%
The central bank of Colombia left its key interest rate steady at a record low of 1.75 percent on December 18th of 2020, as widely expected. The decision was backed by five of the seven board members. Policymakers noted that the annual inflation fell to 1.49 percent in November, the lowest since November of 1955. The Committee forecasts inflation to remain at low levels during the first quarter of 2021 and then to accelerate during the rest of the year. Also, the central bank projects the annual inflation rate at 2.7 percent by the end of 2021 and at 3 percent by the end of 2022.
2020-12-18

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).