Colombia

Price of Goods in US$, which in US would Cost $1 - Colombia Compared to Continent

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Guyana	$0.37
Nicaragua	$0.38
Bolivia	$0.40
Honduras	$0.43
Ecuador	$0.49
El Salvador	$0.51
Peru	$0.52
Paraguay	$0.54
Argentina	$0.57
Guatemala	$0.58
Panama	$0.60
Colombia	$0.61
Costa Rica	$0.61
Suriname	$0.67
Mexico	$0.70
Chile	$0.70
Uruguay	$0.76
Brazil	$0.79
Venezuela	$0.89

 

 

Colombia: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

 

Colombia is one of the two countries in Latin America with house price statistics, which are to be found at the excellent Departamento Administrativo Nacional de Estadistica (DANE) site. The time-series are quarterly, from 1998. There are no rentals statistics.

Colombia has good general economics statistics, also at the DANE site. The central bank, the Banco de le República Colombiana, has a well-organized statistical section with time-series concentrating on financial sector indicators.