Colombia Retail Sales Growth

2014 - 2024 | Monthly | % | CEIC Data

Key information about Colombia Retail Sales Growth

  • Colombia Retail Sales grew 4.4 % YoY in Aug 2024, compared with a 0.5 % decrease in the previous month.
  • Colombia Retail Sales Growth YoY data is updated monthly, available from Jan 2014 to Aug 2024, with an average growth rate of 4.5 %.
  • The data reached an all-time high of 48.3 % in Apr 2021 and a record low of -32.8 % in Apr 2020.
  • In the latest reports, Car Sales of Colombia recorded 16,031.0 units in Aug 2024, representing a growth of 24.5 %.

CEIC calculates monthly Retail Sales: Excl. Motor Vehicles Growth from monthly Real Retail Trade Index. National Administrative Department of Statistics provides Real Retail Trade Index with base 2019=100. Retail Sales: Excl. Motor Vehicles Growth prior to January 2020 is calculated from Real Retail Trade Index with base 2013=100.

View Colombia's Retail Sales Growth from Jan 2014 to Aug 2024 in the chart:

Colombia Retail Sales Growth

What was Colombia's Retail Sales Growth in Aug 2024?

Colombia Retail Sales grew 4.4 % YoY in Aug 2024, compared with a 0.5 % decrease in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.4 Aug 2024 -0.5 Jul 2024 -32.8 Apr 2020 48.3 Apr 2021 % monthly Jan 2014 - Aug 2024

Retail Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.5 Mar 2023 monthly Jan 2006 - Mar 2023
Argentina (%) -12.3 Jul 2024 monthly Jan 2018 - Jul 2024
Armenia (%) 8.6 Jul 2024 monthly Jan 2001 - Jul 2024
Australia (%) 4.2 May 2023 monthly Apr 1983 - May 2023
Austria (%) -4.7 Dec 2023 monthly Jan 2007 - Dec 2023
Azerbaijan (%) 6.6 Sep 2024 monthly Dec 2007 - Sep 2024
Belarus (%) 10.8 Sep 2024 monthly Oct 2008 - Sep 2024
Belgium (%) -1.0 Aug 2024 monthly Jan 2007 - Aug 2024
Bosnia and Herzegovina (%) 15.4 Apr 2023 monthly Jan 2013 - Apr 2023
Brazil (%) 4.0 Aug 2024 monthly Jan 2001 - Aug 2024
Bulgaria (%) -0.6 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 1.1 Apr 2023 monthly Jan 1992 - Apr 2023
Chile (%) 7.8 Aug 2024 monthly Jan 2015 - Aug 2024
China (%) 12.7 May 2023 monthly Jan 1994 - May 2023
Colombia (%) 4.4 Aug 2024 monthly Jan 2014 - Aug 2024
Croatia (%) 3.3 Apr 2023 monthly Jan 2001 - Apr 2023
Cyprus (%) 5.7 Aug 2024 monthly Jan 2006 - Aug 2024
Czech Republic (%) 4.5 Aug 2024 monthly Jan 2001 - Aug 2024
Denmark (%) 0.4 May 2023 monthly Jan 2001 - May 2023
Egypt (%) 1.4 2020 yearly 1996 - 2020
Estonia (%) -0.9 Jun 2024 quarterly Mar 1996 - Jun 2024
European Union (%) 1.1 Aug 2024 monthly Jan 2000 - Aug 2024
Finland (%) 0.8 Dec 2023 monthly Jan 1996 - Dec 2023
France (%) -1.0 Jul 2024 monthly Jan 1996 - Jul 2024
Georgia (%) 5.0 Jun 2024 quarterly Mar 2010 - Jun 2024
Germany (%) -4.4 Apr 2023 monthly Jan 1995 - Apr 2023
Greece (%) -2.6 Jul 2024 monthly Jan 2001 - Jul 2024
Hong Kong SAR, China (%) 16.6 May 2023 monthly Jan 1982 - May 2023
Hungary (%) 4.3 Aug 2024 monthly Jan 2001 - Aug 2024
Iceland (%) 4.4 Apr 2024 monthly Feb 2002 - Apr 2024
Indonesia (%) 0.0 May 2023 monthly Jan 2011 - May 2023
Ireland (%) -1.5 Aug 2024 monthly Jan 2006 - Aug 2024
Israel (%) 0.6 Aug 2024 monthly Jan 1998 - Aug 2024
Italy (%) -0.2 Aug 2024 monthly Jan 2001 - Aug 2024
Japan (%) 5.2 Apr 2023 monthly Oct 1992 - Apr 2023
Kazakhstan (%) 5.4 May 2023 monthly Jan 2006 - May 2023
South Korea (%) -0.7 Apr 2023 monthly Jan 1996 - Apr 2023
Kyrgyzstan (%) 10.7 2022 yearly 1990 - 2022
Latvia (%) 1.1 Aug 2024 monthly Jan 2001 - Aug 2024
Lithuania (%) 3.9 Aug 2024 monthly Jan 1999 - Aug 2024
Luxembourg (%) 17.2 Aug 2024 monthly Jan 2006 - Aug 2024
Macau SAR, China (%) -23.8 Jun 2024 quarterly Mar 2002 - Jun 2024
North Macedonia (%) 5.7 Aug 2024 monthly Jan 2011 - Aug 2024
Malaysia (%) 12.9 Apr 2023 monthly Jan 2014 - Apr 2023
Malta (%) 1.1 Jun 2024 quarterly Mar 2001 - Jun 2024
Mexico (%) 4.6 Apr 2023 monthly Jan 2002 - Apr 2023
Moldova (%) 16.7 Jul 2024 monthly Jan 2011 - Jul 2024
Mongolia (%) 14.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Montenegro (%) 8.5 Apr 2023 monthly Jan 2007 - Apr 2023
Netherlands (%) -4.2 May 2023 monthly Jan 2001 - May 2023
New Zealand (%) -0.0 Jun 2024 quarterly Sep 1996 - Jun 2024
Norway (%) 0.1 Aug 2024 monthly Jan 1980 - Aug 2024
Palestinian Territory (%) -0.2 2018 yearly 2011 - 2018
Peru (%) 8.0 Jun 2024 monthly Jan 2015 - Jun 2024
Poland (%) -1.8 Apr 2023 monthly Jan 2001 - Apr 2023
Portugal (%) 3.1 May 2023 monthly Jan 2001 - May 2023
Qatar (%) 6.9 2021 yearly 1987 - 2021
Romania (%) 9.1 Aug 2024 monthly Jan 2001 - Aug 2024
Russia (%) 5.1 Aug 2024 monthly Jan 1994 - Aug 2024
Serbia (%) -6.2 May 2023 monthly Dec 2004 - May 2023
Singapore (%) -3.9 Aug 2024 monthly Jan 1986 - Aug 2024
Slovakia (%) 0.7 Aug 2024 monthly Jan 2001 - Aug 2024
Slovenia (%) 1.6 Aug 2024 monthly Jan 2001 - Aug 2024
South Africa (%) 2.6 Aug 2024 monthly Jan 2003 - Aug 2024
Spain (%) 3.1 Dec 2023 monthly Jan 2001 - Dec 2023
Sweden (%) -3.9 May 2023 monthly Jan 1991 - May 2023
Switzerland (%) -3.4 Apr 2023 monthly Jan 2001 - Apr 2023
Taiwan (%) 1.7 Feb 2022 monthly Jan 2000 - Feb 2022
Thailand (%) 0.5 Mar 2023 monthly Jan 1996 - Mar 2023
Turkey (%) 11.2 Dec 2023 monthly Jan 2011 - Dec 2023
Ukraine (%) -3.1 Dec 2022 monthly Jan 2008 - Dec 2022
United Kingdom (%) -2.1 May 2023 monthly Jan 1997 - May 2023
United States (%) 1.0 May 2023 monthly Jan 1993 - May 2023
Uzbekistan (%) -4.0 Apr 2023 monthly Jan 2019 - Apr 2023
Venezuela (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019
Vietnam (%) 7.9 Sep 2024 monthly Sep 2004 - Sep 2024

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Colombia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) -11,124.180 Dec 2023 quarterly Mar 1995 - Dec 2023
Tax Revenue (USD mn) 3,920.795 Aug 2024 monthly Jan 1999 - Aug 2024
Tax Revenue: % of GDP (%) 16.8 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 241,886.6 Dec 2023 quarterly Dec 2001 - Dec 2023
Government Debt: % of GDP (%) 58.8 Dec 2023 quarterly Dec 2005 - Dec 2023
Forecast: Government Expenditure (COP bn) 710,187.230 2028 yearly 1982 - 2028
Forecast: Government Net Debt (COP bn) 1,224,179.732 2029 yearly 1996 - 2029
Forecast: Government Revenue (COP bn) 667,655.950 2028 yearly 1980 - 2028
Central Government: Revenue (COP bn) 22,026.457 Apr 2024 monthly Jan 1995 - Apr 2024
Central Government: Expenditure (COP bn) 39,049.628 Apr 2024 monthly Jan 1995 - Apr 2024
Tax Collection: Internal: VAT (COP mn) 1,493,829.253 Aug 2024 monthly Jan 1999 - Aug 2024
Tax Collection: Internal: Income Tax (COP mn) 9,514,036.849 Aug 2024 monthly Jan 1999 - Aug 2024
Tax Collection: Total (COP mn) 15,930,110.230 Aug 2024 monthly Jan 1999 - Aug 2024
Tax Collection: Internal: Petrol & Diesel Fuel Tax (COP mn) 208,394.817 Aug 2024 monthly Jan 2000 - Aug 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.416 2028 yearly 1980 - 2028
Trade Balance (USD mn) -962.8 Jul 2024 monthly Jan 1958 - Jul 2024
Total Exports (USD mn) 3,845.0 Aug 2024 monthly Jan 1970 - Aug 2024
Total Exports Growth (%) -2.5 Aug 2024 monthly Jan 1971 - Aug 2024
Aluminum: Exports (USD th) 55,621.914 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 361,386.398 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 56,465.291 2022 yearly 1995 - 2022
Total Imports (USD mn) 5,581.1 Jul 2024 monthly Jan 1980 - Jul 2024
Total Imports Growth (%) 12.9 Jul 2024 monthly Jan 1981 - Jul 2024
Imports: Medicament (USD th) 2,136,175.945 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,809,154.500 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,263.767 Aug 2024 monthly Jan 2008 - Aug 2024
Total Imports from USA (USD mn) 1,326.481 Jul 2024 monthly Jan 1981 - Jul 2024
Total Exports to China (USD mn) 217.595 Aug 2024 monthly Jan 2008 - Aug 2024
Total Imports from China (USD mn) 1,504.917 Jul 2024 monthly Jun 1988 - Jul 2024
Trade Balance: ytd: Total (USD mn) -5,577.410 Jul 2024 monthly Jan 2006 - Jul 2024
Terms of Trade Index (2000=100) 126.670 Sep 2024 monthly Jan 1980 - Sep 2024
Import Value Index (2015=100) 113.030 2021 yearly 1980 - 2021
Export Value Index (2015=100) 112.879 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,028.8 Jun 2024 quarterly Mar 1996 - Jun 2024
Current Account Balance (USD mn) -1,630.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Current Account Balance: % of GDP (%) -1.6 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Direct Investment (USD mn) 2,841.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Portfolio Investment (USD mn) 1,502.708 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 1.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 127.9 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,374.856 Jun 2024 quarterly Mar 1996 - Jun 2024
External Debt (USD mn) 197,537.6 Jul 2024 monthly Jan 2001 - Jul 2024
External Debt: % of GDP (%) 53.7 2023 yearly 1970 - 2023
External Debt: Short Term (USD mn) 30,608.0 Mar 2023 monthly Oct 1999 - Mar 2023
External Debt: Short Term: % of GDP (%) 8.6 2023 yearly 1970 - 2023
Forecast: Current Account Balance (USD bn) -17.588 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -187,676.980 Jun 2024 quarterly Mar 2000 - Jun 2024
CO: BoP: Financial Account: Official Reserve Assets (USD mn) 1,716.572 2023 yearly 1968 - 2023
CO: BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 19.924 2023 yearly 1968 - 2023
BoP: BPM6: Financial Account: Other Investment (USD mn) -2,561.420 Dec 2018 quarterly Mar 2000 - Dec 2018
IIP: Assets (USD mn) 264,338.324 Jun 2024 quarterly Mar 2000 - Jun 2024
International Investment Position (IIP) (USD mn) -187,676.980 Jun 2024 quarterly Mar 2000 - Jun 2024
IIP: Liabilities (USD mn) 452,015.305 Jun 2024 quarterly Mar 2000 - Jun 2024
External Debt: Private Sector: Total (USD mn) 84,345.823 Jul 2024 monthly Jan 2001 - Jul 2024
External Debt: Total: Long Term (USD mn) 165,921.578 Jul 2024 monthly Jan 2001 - Jul 2024
External Debt: Public Sector: Total (USD mn) 113,191.793 Jul 2024 monthly Jan 2001 - Jul 2024
Foreign Direct Investment (FDI) (USD mn) 2,841.384 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Manufacturing (USD mn) 763.631 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Petroleum (USD mn) 671.822 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Transport, Storage & Communications (USD mn) -314.938 Jun 2024 quarterly Mar 1996 - Jun 2024
FDI: Wholesale & Retail Trade, Hotels & Restaurants (USD mn) 275.257 Jun 2024 quarterly Mar 1996 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.1 Aug 2024 monthly Apr 1995 - Aug 2024
Household Debt: % of GDP (%) 31.5 Jun 2024 quarterly Dec 2015 - Jun 2024
Money Supply M1 (USD mn) 38,979.482 May 2023 monthly Jan 1984 - May 2023
Money Supply M2 (USD mn) 161,207.989 May 2023 monthly Dec 1979 - May 2023
M2 Growth (%) 7.2 Sep 2024 monthly Dec 1980 - Sep 2024
Reserve Requirement Ratio (%) 8.0 Sep 2024 monthly Jun 2008 - Sep 2024
Foreign Exchange Reserves (USD mn) 57,726.1 Aug 2024 monthly Dec 1956 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 14.244 Mar 2024 quarterly Dec 2000 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 10.2 Jul 2024 monthly Jan 1980 - Jul 2024
Gold Reserves (USD mn) 398.300 Sep 2024 monthly Dec 1956 - Sep 2024
Domestic Credit (USD mn) 208,887.9 Jul 2024 monthly Jan 1993 - Jul 2024
Domestic Credit Growth (%) 6.3 Jul 2024 monthly Jan 1994 - Jul 2024
Credit to Households (USD bn) 111.713 Dec 2023 quarterly Dec 1996 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 238.500 Dec 2023 quarterly Dec 1996 - Dec 2023
Household Debt (USD mn) 74,343.3 Aug 2024 monthly Apr 1995 - Aug 2024
Total Loans (USD mn) 163,994.265 Aug 2024 monthly Apr 1995 - Aug 2024
Total Loans Growth (%) 1.41 Aug 2024 monthly Apr 1996 - Aug 2024
Private Debt: % of Nominal GDP (%) 42.53 Dec 2023 quarterly Dec 2005 - Dec 2023
Monetary Base (COP bn) 148,498.330 Sep 2024 monthly Jan 1980 - Sep 2024
Money Supply: M3 (COP bn) 832,952.701 Sep 2024 monthly Jan 1982 - Sep 2024
Net International Reserves: Gross (USD mn) 63,613.215 Sep 2024 monthly Jan 1960 - Sep 2024
Net International Reserves: Gross: Gold (USD mn) 398.300 Sep 2024 monthly Jan 1980 - Sep 2024
Credits Institutions: Credit Balance Including Leasing: Gross (COP bn) 682,266.982 Aug 2024 monthly Apr 1995 - Aug 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -5.1 Aug 2024 monthly Jan 1981 - Aug 2024
IOS: Business Climate Indicators: Favorable Situation (%) 70.200 Jan 2023 monthly Oct 2006 - Jan 2023
IOS: Business Climate Indicators: Better Expectations (%) 34.700 Jan 2023 monthly Oct 2006 - Jan 2023

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