Household Final Consumption Expenditure (USD) rose 9.80% to USD 214,428 bil in Colombia in 2017

Household Final Consumption Expenditure (USD) (USD bil)
Economy | Colombia | May 17, 2019
$2.99
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Household final consumption expenditure reached 214,428 USD bil in 2017 in Colombia, according to the National Statistical Office. This is 9.80 % more than in the previous year.

Historically, household final consumption expenditure in Colombia reached an all time high of 251,423 USD bil in 2014 and an all time low of 2,944 USD bil in 1960. When compared to Colombia's main peers, household final consumption expenditure in Brazil amounted to 1,314,119 USD bil and 135,285 USD bil in Peru in 2017.

Colombia has been ranked 34th within the group of 159 countries we follow in terms of household final consumption expenditure, 1 places above the position seen 10 years ago.

This represents consumer spending on domestic territory and expenditure by resident households abroad (outbound tourists), but excludes any non-resident households' expenditure on domestic territory (inbound tourists).

Household Final Consumption Expenditure (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bolivia USD bil 14,547 16,116 18,453 20,767 22,579
Brazil USD bil 1,576,885 1,513,918 1,526,099 1,546,283 1,152,783
Chile USD bil 151,668 164,691 174,403 164,468 154,817
Colombia USD bil 218,472 242,746 249,056 251,423 200,962
Guyana USD bil 2,338 2,587 2,786 2,546 2,505
Peru USD bil 103,778 119,911 126,983 129,245 123,735
Trinidad and Tobago USD bil 14,829 19,198 14,244 16,649 16,502 ...
Venezuela USD bil 174,578 225,999 241,488 363,166 ... ... ...