A New Colombian Consumer: Habits and Trends
Published on Thursday, October 10, 2019
A New Colombian Consumer: Habits and Trends
The trends of Colombian consumers in the last 10 years have been changing. The structure, income, purchasing power and consumption habits have been fundamental when profiling a new Colombian consumer.
Key points
- Key points:
- Households are smaller and the population is aging.
- Single-person households gain special participation in the upper class.
- Colombian families spend, on average, 33% of their income on food and 24% on housing.
- As household income increases, service consumption increases and food consumption decreases.
- Women are participating more in the labour market and bringing more income into their families.
Documents to download
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Consumption