National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Colombia
Growth rate previous period
COLNAEXKP02GPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.91
Year-over-Year Change
70.63%
Date Range
4/1/2005 - 1/1/2025
Summary
The growth rate previous period measures the quarter-over-quarter percent change in Colombia's non-agricultural employment. This key labor market indicator helps economists and policymakers track the pace of economic recovery and employment trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The growth rate previous period represents the percent change in Colombia's non-agricultural employment levels compared to the prior quarter. This measure provides insight into the labor market and broader economic conditions, with relevance for macroeconomic analysis and policy decisions.
Methodology
The data is collected through household and establishment surveys by Colombia's national statistics agency.
Historical Context
Policymakers and analysts monitor this indicator to gauge the strength of Colombia's economic expansion and labor force dynamics.
Key Facts
- Colombia's non-agricultural employment growth rate was 1.2% in Q4 2022.
- The employment growth rate has returned to pre-pandemic levels.
- Manufacturing and services sectors are driving the recovery in employment.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period measures the quarter-over-quarter percent change in Colombia's non-agricultural employment levels.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the strength of Colombia's labor market and broader economic recovery, which is crucial for macroeconomic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys by Colombia's national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to gauge the health of Colombia's labor market and the pace of the country's economic expansion.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief lag, providing timely information on employment trends in Colombia.
Related Trends
Share Prices: All Shares/Broad: Total for Colombia
COLSPASTT01GYM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Colombia
COLLREM64MASTSAM
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Colombia
COLCP040000IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Colombia
COLCP010000GYQ
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Colombia
COLCP010000GPM
Use of Financial Services Deposit Accounts: Household Accounts at Credit Unions and Financial Cooperatives for Colombia
COLFCAODUHNUM
Citation
U.S. Federal Reserve, Growth rate previous period (COLNAEXKP02GPSAQ), retrieved from FRED.