Colombia: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 651836.25 billion Colombian Peso as of June 2024, an increase compared to the previous value of 647627.12 billion Colombian Peso. Historically, the average for Colombia from May 2002 to June 2024 is 286921.18 billion Colombian Peso. The minimum of 48500.75 billion Colombian Peso was recorded in May 2002, while the maximum of 651836.25 billion Colombian Peso was reached in June 2024.
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* indicates monthly or quarterly data series
- Measure: billion Colombian Peso
- Source: Bank of the Republic Colombia
| Recent values | Colombia: Private sector credit, billion currency units |
|---|---|
| 2024 Jun | 651836.25 |
| 2024 May | 647627.12 |
| 2024 Apr | 645199.47 |
| 2024 Mar | 645450.38 |
| 2024 Feb | 645167.12 |
| 2024 Jan | 643049.22 |
| 2023 Dec | 645066.63 |
| 2023 Nov | 647259.03 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 11.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 4,185.5658 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 786,267.39 | 6/2024 | billion |
| Consumer Price Index (CPI) | 143.6700 | 8/2024 | index points |
| Inflation, monthly | 0.00 | 8/2024 | percent |
| Inflation, annual | 6.12 | 8/2024 | percent |
| Private sector credit | 651,836.25 | 6/2024 | billion |
| Business credit | 345,338.07 | 6/2024 | billion |
| Household credit | 306,498.18 | 6/2024 | billion |
| Mortgage credit | 105,155.95 | 6/2024 | billion |
| Consumer credit | 201,342.22 | 6/2024 | billion |
| Deposit interest rate | 10.14 | 6/2024 | percent |
| Policy rate | 10.75 | 8/2024 | percent |
| Household debt to GDP | 27.15 | 12/2023 | percent |