Consumer Confidence in Colombia

Fedesarrollo · Monthly · Importance 40

20.7 (Jul-26) ABS · points · Mensual · CSV

Period	points
Jul 2026	20.7
Jun 2026	24.3
May 2026	17.8
Apr 2026	13.7
Mar 2026	19.3
Feb 2026	18.3
Jan 2026	18.2
Dec 2025	19.9
Nov 2025	17.0
Oct 2025	13.6
Sep 2025	1.6
Aug 2025	-2.4
Jul 2025	5.3
Jun 2025	2.2
May 2025	-3.8
Apr 2025	-8.6
Mar 2025	-7.1
Feb 2025	-12.0
Jan 2025	-1.1
Dec 2024	-3.4
Nov 2024	-5.7
Oct 2024	-3.7
Sep 2024	-16.0
Aug 2024	-15.3
Jul 2024	-9.0
Jun 2024	-12.7
May 2024	-14.1
Apr 2024	-11.4
Mar 2024	-13.0
Feb 2024	-9.4
Jan 2024	-7.9
Dec 2023	-17.3
Nov 2023	-20.9
Oct 2023	-14.0
Sep 2023	-17.9
Aug 2023	-18.8
Jul 2023	-17.4
Jun 2023	-14.1
May 2023	-22.8
Apr 2023	-28.8
Mar 2023	-28.5
Feb 2023	-27.8
Jan 2023	-28.6
Dec 2022	-22.3
Nov 2022	-24.8
Oct 2022	-19.5
Sep 2022	-11.5
Aug 2022	-2.4
Jul 2022	-10.4
Jun 2022	2.9
May 2022	-14.7
Apr 2022	-17.5
Mar 2022	-17.8
Feb 2022	-17.5
Jan 2022	-13.5
Dec 2021	-7.0
Nov 2021	-1.4
Oct 2021	-1.3
Sep 2021	-3.0
Aug 2021	-8.2

Period	points
Jul 2026	30.3
Jun 2026	31.4
May 2026	26.7
Apr 2026	19.9
Mar 2026	26.3
Feb 2026	26.3
Jan 2026	23.8
Dec 2025	21.9
Nov 2025	20.4
Oct 2025	18.1
Sep 2025	2.6
Aug 2025	0.5
Jul 2025	5.2
Jun 2025	3.8
May 2025	-1.7
Apr 2025	-6.6
Mar 2025	-4.0
Feb 2025	-9.5
Jan 2025	2.1
Dec 2024	0.3
Nov 2024	-4.1
Oct 2024	-0.8
Sep 2024	-9.8
Aug 2024	-10.0
Jul 2024	-7.5
Jun 2024	-8.7
May 2024	-7.0
Apr 2024	-4.9
Mar 2024	-8.9
Feb 2024	-0.1
Jan 2024	-0.4
Dec 2023	-9.1
Nov 2023	-15.7
Oct 2023	-3.5
Sep 2023	-10.7
Aug 2023	-10.4
Jul 2023	-11.0
Jun 2023	-6.5
May 2023	-14.5
Apr 2023	-18.3
Mar 2023	-16.1
Feb 2023	-17.7
Jan 2023	-16.5
Dec 2022	-11.2
Nov 2022	-14.5
Oct 2022	-7.3
Sep 2022	1.6
Aug 2022	16.1
Jul 2022	4.3
Jun 2022	17.5
May 2022	-3.5
Apr 2022	-7.4
Mar 2022	-8.2
Feb 2022	-4.7
Jan 2022	-2.4
Dec 2021	2.1
Nov 2021	6.4
Oct 2021	10.6
Sep 2021	14.1
Aug 2021	6.2

Period	points
Jul 2026	6.4
Jun 2026	13.8
May 2026	4.4
Apr 2026	4.5
Mar 2026	8.7
Feb 2026	6.3
Jan 2026	9.7
Dec 2025	16.9
Nov 2025	11.9
Oct 2025	6.9
Sep 2025	0.1
Aug 2025	-6.8
Jul 2025	5.4
Jun 2025	-0.2
May 2025	-6.9
Apr 2025	-11.6
Mar 2025	-11.9
Feb 2025	-15.7
Jan 2025	-6.0
Dec 2024	-8.9
Nov 2024	-8.2
Oct 2024	-8.0
Sep 2024	-25.4
Aug 2024	-23.2
Jul 2024	-11.4
Jun 2024	-18.7
May 2024	-24.8
Apr 2024	-21.2
Mar 2024	-19.3
Feb 2024	-23.4
Jan 2024	-19.1
Dec 2023	-29.6
Nov 2023	-28.7
Oct 2023	-29.9
Sep 2023	-28.8
Aug 2023	-31.5
Jul 2023	-27.1
Jun 2023	-25.4
May 2023	-35.2
Apr 2023	-44.7
Mar 2023	-47.1
Feb 2023	-43.1
Jan 2023	-46.8
Dec 2022	-39.0
Nov 2022	-40.2
Oct 2022	-37.9
Sep 2022	-31.1
Aug 2022	-30.2
Jul 2022	-32.3
Jun 2022	-19.0
May 2022	-31.5
Apr 2022	-32.6
Mar 2022	-32.3
Feb 2022	-36.8
Jan 2022	-30.0
Dec 2021	-20.6
Nov 2021	-13.1
Oct 2021	-19.2
Sep 2021	-28.7
Aug 2021	-29.9

Period	points
Jul 2026	-3.6
Jun 2026	6.5
May 2026	4.1
Apr 2026	-5.6
Mar 2026	1.0
Feb 2026	0.1
Jan 2026	-1.7
Dec 2025	2.9
Nov 2025	3.4
Oct 2025	12.0
Sep 2025	4.0
Aug 2025	-7.7
Jul 2025	3.1
Jun 2025	6.0
May 2025	4.8
Apr 2025	-1.5
Mar 2025	4.9
Feb 2025	-10.9
Jan 2025	2.3
Dec 2024	2.3
Nov 2024	-2.0
Oct 2024	12.3
Sep 2024	-0.7
Aug 2024	-6.3
Jul 2024	3.7
Jun 2024	1.4
May 2024	-2.7
Apr 2024	1.6
Mar 2024	-3.6
Feb 2024	-1.5
Jan 2024	9.4
Dec 2023	3.6
Nov 2023	-6.9
Oct 2023	3.9
Sep 2023	0.9
Aug 2023	-1.4
Jul 2023	-3.3
Jun 2023	8.7
May 2023	6.0
Apr 2023	-0.3
Mar 2023	-0.7
Feb 2023	0.8
Jan 2023	-6.3
Dec 2022	2.5
Nov 2022	-5.3
Oct 2022	-8.0
Sep 2022	-9.1
Aug 2022	8.0
Jul 2022	-13.3
Jun 2022	17.6
May 2022	2.8
Apr 2022	0.3
Mar 2022	-0.3
Feb 2022	-4.0
Jan 2022	-6.5
Dec 2021	-5.6
Nov 2021	-0.1
Oct 2021	1.7
Sep 2021	5.2
Aug 2021	-0.7

Period	points
Jul 2026	15.4
Jun 2026	22.1
May 2026	21.6
Apr 2026	22.3
Mar 2026	26.4
Feb 2026	30.3
Jan 2026	19.3
Dec 2025	23.3
Nov 2025	22.7
Oct 2025	17.3
Sep 2025	17.6
Aug 2025	12.9
Jul 2025	14.3
Jun 2025	14.9
May 2025	10.3
Apr 2025	2.8
Mar 2025	5.9
Feb 2025	-2.6
Jan 2025	6.8
Dec 2024	13.9
Nov 2024	15.2
Oct 2024	10.3
Sep 2024	1.9
Aug 2024	3.5
Jul 2024	8.4
Jun 2024	1.4
May 2024	8.7
Apr 2024	17.4
Mar 2024	15.5
Feb 2024	18.4
Jan 2024	20.7
Dec 2023	5.0
Nov 2023	3.9
Oct 2023	5.5
Sep 2023	-6.4
Aug 2023	-16.4
Jul 2023	-7.0
Jun 2023	-17.0
May 2023	-8.1
Apr 2023	-11.3
Mar 2023	-10.7
Feb 2023	-10.3
Jan 2023	-15.1
Dec 2022	-15.3
Nov 2022	-23.4
Oct 2022	-18.2
Sep 2022	-8.5
Aug 2022	5.8
Jul 2022	-2.9
Jun 2022	25.2
May 2022	19.6
Apr 2022	16.7
Mar 2022	-6.4
Feb 2022	-2.9
Jan 2022	7.3
Dec 2021	3.4
Nov 2021	12.2
Oct 2021	17.3
Sep 2021	18.6
Aug 2021	17.2

About this indicator

Source	Fundacion para la Educacion Superior y el Desarrollo (Fedesarrollo) - Consumer Opinion Survey
Frequency	Monthly
Release	Hacia la mitad del mes siguiente al de referencia, habitualmente en martes (entre el dia 8 y el 17). Fedesarrollo publica el calendario anual exacto de sus encuestas en su web. (15:30 GMT)
What it is	The Consumer Confidence Index (ICC) measures Colombian households' perceptions of their own economic situation and that of the country. It is produced by Fedesarrollo -- a private research centre, not a public agency -- from its Consumer Opinion Survey (EOC), run since November 2001 in five cities (Bogotá, Medellín, Cali, Barranquilla and, since November 2013, Bucaramanga). It is Colombia's benchmark confidence gauge and a lead indicator for private consumption.
How it's calculated	It is a balance, not a base-100 index: the share of negative answers is subtracted from the share of positive ones, so it ranges from -100 to +100 and can turn negative (zero means optimists and pessimists cancel out). The ICC is the weighted average of its two components: the Consumer Expectations Index (IEC, one-year expectations, 60% weight) and the Economic Conditions Index (ICE, the household's current situation and whether it is a good time to buy durables, 40% weight).
Market implications	It anticipates household spending, the largest component of Colombia's GDP. A sustained improvement in the ICC usually precedes stronger consumption and more purchases of durable goods, housing and vehicles. The expectations component (IEC) is the most forward-looking, while the current-conditions component (ICE) describes the present. Banco de la República tracks it as a gauge of domestic demand when setting its policy rate.
Limitations	It is a perception measure, not a spending one: its correlation with actual consumption is imperfect, and confidence can shift on political headlines or perceived inflation without spending changing. It covers only five cities, leaving out rural areas and mid-sized towns. Being a balance, the same move in points does not mean the same near zero as at the extremes, and the series has a methodological break in November 2013 when Bucaramanga was added.