Colombia’s consumer confidence index fell 13.3 points to -10.4 in July of 2022 from 2.9 in the previous month, which was the highest in almost four years. There was a deterioration in both future expectations (4.3 vs 17.5 in June) and current economic conditions (-32.3 vs -19), and the index gauging the propensity to buy durable goods decreased (-44.7 vs -36.8). source: Fedesarrollo

Consumer Confidence in Colombia averaged 7.13 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 August of 2022.

Consumer Confidence in Colombia is expected to be -8.00 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 1.00 points in 2023 and 5.00 points in 2024, according to our econometric models.

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Colombia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-07-11 03:00 PM Jun 2.9 -14.7 -15
2022-08-09 02:15 PM Jul -10.4 2.9 3
2022-09-08 02:30 PM Aug -10.4 -10


Related Last Previous Unit Reference
Consumer Confidence -10.40 2.90 points Jul 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
-10.40 2.90 38.80 -41.30 2001 - 2022 points Monthly

News Stream
Colombia Consumer Confidence Down from Near 4-Year High
Colombia’s consumer confidence index fell 13.3 points to -10.4 in July of 2022 from 2.9 in the previous month, which was the highest in almost four years. There was a deterioration in both future expectations (4.3 vs 17.5 in June) and current economic conditions (-32.3 vs -19), and the index gauging the propensity to buy durable goods decreased (-44.7 vs -36.8).
2022-08-09
Colombia Consumer Morale Near 4-Year High
Colombia’s consumer confidence index rose to 2.9 in June of 2022 from -14.7 in the previous month, the highest since August of 2018. There was an improvement in future expectations (17.5 vs -3.5 in May), particularly regarding the country's economic situation (9.6 vs -21.3) and the household situation (28.6 vs 16). Also, current economic conditions were assessed more favorably (-19 vs -31.5), as the index gauging the propensity to buy durable goods improved (-36.8 vs -45.1).
2022-07-11
Colombia Consumer Morale Improves to 4-Month High
Colombia’s consumer confidence index rose to -14.7 in May of 2022, from -17.5 in the previous month, the highest since January. There was an improvement in future expectations (-3.5 vs -7.4 in April), particularly regarding the country's economic situation (-21.3 vs -27.8) and the household situation (16 vs 13.1). Also, current economic conditions were assessed more favorably (-31.5 vs -32.6), but the index gauging the propensity to buy durable goods decreased (-45.1 vs -41.7).
2022-06-08