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Colombia Current Account

Colombia Current Account

Current Account Balance in Colombia

The current account balance in Colombia averaged -4.7% of GDP in the decade to 2022, below the average for Latin America of -2.3% of GDP. The 2022 reading was -6.3% of GDP. For more current account information, visit our dedicated page.

Colombia Current Account Chart

Note: This chart displays Current Account (% of GDP) for Colombia from 2013 to 2022.
Source: Central Bank of Colombia.

Colombia Current Account Data

2018 2019 2020 2021 2022
Current Account Balance (% of GDP) -4.2 -4.6 -3.4 -5.6 -6.2
Current Account Balance (USD bn) -14.0 -14.8 -9.3 -18.0 -21.3
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Colombian current account projections for the next ten years from a panel of 31 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Colombian current account.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Colombian current account projections.

Want to get access to the full dataset of Colombian current account forecasts? Send an email to info@focus-economics.com.

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