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Colombia: Household consumption

Millions of local currency · 1925–2025 · 101 observations · forecasts to 2027 · hcons

2025
1,360 trillionlocal currency
Change on 2024
+8.7%year on year
Average growth, 2015–2025
+9.4%a year
In US dollars, 2025
$335 billionUS dollars

Household consumption

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100M10B1T100T10,000T19401960198020002020ColombiaColombia
ForecastLocal currency

Compare with other countries →Definition of Household consumption

Recent values

Millions of local currency

YearValue
20271,602,465,280Forecast
20261,491,712,512Forecast
20251,356,897,920
20241,248,161,024
20231,166,740,992
20221,084,386,048
2021867,067,008
2020706,158,976
2019727,934,016
2018672,867,008
2017630,635,968
2016596,524,992

Sources

  • Historical Financial Statistics1925–1996
  • Penn World Table1950–2019
  • Banco de la República, Colombia1950–2022
  • World Development Indicators1960–2025
  • United Nations1970–2024
  • OECD Economic Outlook1994–2025
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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