Colombia Private Consumption: % of GDP

Key information about Colombia Private Consumption: % of GDP

• Colombia Private Consumption accounted for 72.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 71.5 % in the previous quarter.
• Colombia Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 2005 to Dec 2024, with an average share of 67.7 %.
• The data reached an all-time high of 76.2 % in Dec 2022 and a record low of 63.3 % in Mar 2011.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. National Administrative Department of Statistics provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Colombia Private Consumption: % of GDP

• In the latest reports, Colombia GDP expanded 3.0 % YoY in Mar 2023.
• Its Nominal GDP reached 82.4 USD bn in Mar 2023.
• Colombia GDP Per Capita reached 6,239.3 USD in Dec 2021.
• Its Gross Savings Rate was measured at 16.7 % in Mar 2023.

View Colombia's Private Consumption: % of GDP from Mar 2005 to Dec 2024 in the chart:

What was Colombia's Private Consumption: % of GDP in Dec 2024?

Colombia Private Consumption accounted for 72.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 71.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
72.8 Dec 2024	71.5 Sep 2024	63.3 Mar 2011	76.2 Dec 2022	%	quarterly	Mar 2005 - Dec 2024

Private Consumption: % of GDP by Country Comparison

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