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Colombia Cities Review

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    Country Profile

  • 22 Pages
  • August 2024
  • Region: Colombia
  • Euromonitor International
  • ID: 5616107
Bogota remains Colombia’s most economically active city, due to its high GDP per capita, population size and consumer expenditure. Medellín holds the highest potential for future economic growth, in terms of fastest real GDP growth over 2023-2028. Growing urban populations are projected to remain comparatively young, especially in Santa Marta which is expected to see the highest youth dependency ratio across the country’s cities by 2028.

The City Review reports analyse key trends and developments in 126 world’s major cities. They provide localised city information in terms of economy, consumer lifestyles, housing and transport and city environment and offer valuable insights for strategic planning.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Cities market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

HEADLINES
URBAN CONSUMER
  • Santa Marta is expected to have the highest youth dependency in the future
  • Cartagena poised for the strongest increase in internet connectivity rates among Colombian cities
CONSUMER FINANCE
  • Bogota remains the highest earning city in Colombia, while Cali is expected to see fastest growth of disposable income
  • Cúcuta’s high inflation and unemployment continues to restrict consumer purchasing power
ECONOMY
  • Bogota to remain the largest contributor to Colombia’s economy by 2028
  • Colombia plans to reduce emissions to increase the number of electric buses in urban areas
CITY SCORECARD
  • Summary 1 City Scorecard by Pillar 2023
POPULATION
  • Summary 2 City Scorecard in Population Pillar 2023
  • CHART 1 Population in 2023 and Population Period Growth 2023-2028
  • CHART 2 Population by Age by City 2023
  • CHART 3 Average Household Size by City 2023
  • CHART 4 Population Density and Net Migration 2023
CONSUMER EXPENDITURE
  • Summary 3 City Scorecard in Consumer Expenditure Pillar 2023
  • CHART 5 Total Consumer Expenditure in Colombia by City 2023
  • CHART 6 Consumer Expenditure per Capita 2023 and Consumer Expenditure Period Growth 2023-2028
  • CHART 7 City Affordability, Consumer Expenditure on Housing and Transportation 2023
  • CHART 8 Discretionary vs Necessity Consumer Expenditure 2023
DIGITAL CONSUMER
  • Summary 4 City Scorecard in Digital Consumer Pillar 2023
  • CHART 9 Share of Households with Internet and Broadband Internet Access 2023
  • CHART 10 Possession of Digital Devices by City 2023
INCOME AND WEALTH
  • Summary 5 City Scorecard in Wealth Pillar 2023
  • CHART 11 Disposable Income per Capita 2023 and Disposable Income Period Growth 2023-2028
  • CHART 12 Share of Households by Disposable Income Band 2023
  • CHART 13 Number of Households with Disposable Income Over USD150,000 2023 and Period Growth 2023-2028
  • CHART 14 Household Possession of Kitchen Durables by City 2023
  • CHART 15 Household Possession of Entertainment Electronics by City 2023
  • CHART 16 Household Possession of Other Durables by City 2023
  • Summary 6 City Scorecard in Economy Pillar 2023
  • CHART 17 GDP per Capita in 2023 and Real GDP Growth by City 2023-2028
LABOUR
  • Summary 7 City Scorecard in Labour Pillar 2023
  • CHART 18 Economically Active Population in 2023 and Employed Population Period Growth by City 2018-2023
  • CHART 19 Labour Force Participation Rate and Unemployment by City 2023
  • CHART 20 Labour Productivity Value 2023 and Productivity Period Growth by City 2018-2023