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    Published on Thursday, September 16, 2021

    Big Data techniques used

    Colombia | BBVA Big Data Consumption Tracker. 16 Sep, 2021

    Summary

    Consumption in the first half of September grows 18.6% against the same period in 2019, showing a better dynamic than that observed in August, when it grew 11.2%. Goods recorded a growth of 34.0% compared to 2019. Meanwhile, services are still 2.8% below their pre-pandemic level.

    Key points

    • Key points:
    • Spending on entertainment shows a good dynamic in this month, recovering 19 pp compared to the previous month but still 41.9% below its pre-pandemic level.
    • Clothing spending shows a significant rebound in the month, growing 23.8% versus 2019, the highest record since the start of the pandemic.
    • Restaurant spending maintains the positive trend and reaches a new high, growing 32.7% versus 2019 in the month to date.
    • In the major cities, a generalized rebound in consumption is observed. Barranquilla and Cartagena lead the recovery, growing 20.0% and 23.1%, respectively, compared to the same period in 2019.

    Geographies

    Topics

    Authors

    María Paula Castañeda

    Documents and files

    Presentation (PDF)

    BBVATracker_consumoSem57-1.pdf

    Spanish - September 16, 2021

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