Economic Outlook No 117 — Private final consumption expenditure in Colombia

Colombia: Economic Outlook No 117 — Private final consumption expenditure was 1.87 in 2026. ◆ Volatile

Latest (2026)
1.87
Change on year
down 49.7%
World rank
17th
of 38 countries
All-time high
14.72
in 2021
All-time low
-5.5
in 1999
Years of data
32
1995–2026

Economic Outlook No 117 — Private final consumption expenditure in Colombia, 1995–2026

-50510151995201020261995: 51996: 1.11997: 2.31998: -0.8561999: -5.52000: 22001: 1.52002: 22003: 2.92004: 3.92005: 4.12006: 6.42007: 6.62008: 4.12009: 1.72010: 5.12011: 5.52012: 5.62013: 4.62014: 4.22015: 3.12016: 1.62017: 2.12018: 3.22019: 4.12020: -52021: 14.72022: 10.82023: 0.382024: 1.62025: 3.72026: 1.9

Source: Organisation for Economic Co-operation and Development.

Analysis

Colombia recorded 1.87 for economic outlook no 117 — private final consumption expenditure in 2026.

That represents a change of down 49.7% on the previous year and up 18.3% over ten years.

Over the whole period, economic outlook no 117 — private final consumption expenditure in Colombia peaked at 14.72 in 2021 and was at its lowest, -5.5, in 1999.

Colombia ranks 17th of 38 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Economic Outlook No 117 — Private final consumption expenditure in Colombia, year by year

Annual values for Economic Outlook No 117 — Private final consumption expenditure, volume, growth in Colombia, 1995 to 2026.
Year Value Change
1995 5.05
1996 1.06 -78.9%
1997 2.35 +120.6%
1998 -0.856 -136.5%
1999 -5.5 +541.9%
2000 1.98 -136.0%
2001 1.55 -21.8%
2002 2 +29.3%
2003 2.94 +47.0%
2004 3.86 +31.3%
2005 4.06 +5.1%
2006 6.37 +56.8%
2007 6.55 +2.9%
2008 4.12 -37.2%
2009 1.71 -58.5%
2010 5.05 +195.8%
2011 5.5 +8.9%
2012 5.63 +2.4%
2013 4.63 -17.9%
2014 4.25 -8.2%
2015 3.09 -27.2%
2016 1.58 -48.8%
2017 2.05 +29.7%
2018 3.24 +57.6%
2019 4.07 +25.8%
2020 -5.01 -223.0%
2021 14.72 -394.1%
2022 10.79 -26.7%
2023 0.3799 -96.5%
2024 1.6 +319.9%
2025 3.72 +133.4%
2026 1.87 -49.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4216 -5.5 5.05 5
2000s 3.51 1.55 6.55 10
2010s 3.91 1.58 5.63 10
2020s 4.01 -5.01 14.72 7

Countries ranked near Colombia

  1. 14 Norway 2.21 compare
  2. 15 Brazil 1.91 compare
  3. 16 Ireland 1.89 compare
  4. 18 Spain 1.86 compare
  5. 19 Mexico 1.83 compare
  6. 20 New Zealand 1.79 compare

See the full ranking of 49 places →

More economy & growth data for Colombia

All data for Colombia →

Frequently asked questions

What is economic outlook no 117 — private final consumption expenditure in Colombia?
Economic outlook no 117 — private final consumption expenditure in Colombia was 1.87 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — private final consumption expenditure recorded in Colombia?
The highest recorded value was 14.72 in 2021.
What is the lowest economic outlook no 117 — private final consumption expenditure recorded in Colombia?
The lowest recorded value was -5.5 in 1999.
How does Colombia rank for economic outlook no 117 — private final consumption expenditure?
Colombia ranks 17th out of 38 countries with data for 2026.
Is economic outlook no 117 — private final consumption expenditure rising or falling in Colombia?
Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
Where does this Colombia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Private final consumption expenditure, volume, growth. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Private final consumption expenditure in Colombia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-private-final-consumption-expenditure-volume-growth/colombia/

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About this data

Indicator
Economic Outlook No 117 — Private final consumption expenditure, volume, growth
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
49 places, 2,378 data points, 1961–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP