Searcher

Published on Friday, December 10, 2021 | Updated on Wednesday, December 15, 2021

Colombia | The new colombian consumer: changes and trends

The trends that will determine consumption are: a more digital environment (consumer-banking-commerce), a heterogeneous income recovery, lower savings, more stable weekday spending, greater importance of regions and intermediate cities, and a gradual aging of the population.

Key points

  • Key points:
  • The pandemic left a more digital consumer, transactionality and commerce, but gaps between urban and rural persist.
  • Household incomes will recover, but significant gaps between population groups will remain.
  • The recent economic recovery has been strengthened by the good performance of private consumption, which gained relevance with the pandemic and will continue to have a high share in the coming years.
  • Services will recover their share in household spending due to the reopening of some sectors based on social interaction and the advance of vaccination.
  • The relevance of the regions and intermediate cities in the country's total expenditure is increasing.

Associated documents for downloading

Geographies

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in