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    March 18, 2025

    Peru Economic Outlook. March 2025

    The Peruvian economy will grow 3.1% in 2025, 0.4 percentage points more than forecast in December. This change primarily reflects higher expected growth in the US and China and earlier and increased investment flows into some mining and infrastructure projects. Growth is projected to remain at 2.7% for 2026.

    March 13, 2025

    Colombia Economic Outlook. March 2025

    Colombia’s economy will grow 2.5% in 2025 and 2.9% in 2026, driven by consumption and investment. Inflation will continue declining, though housing and energy costs will remain rigid. Monetary policy will gradually lower rates, while the external deficit will widen due to rising imports and lower remittance inflows.

    March 13, 2025

    Spain Economic Outlook. March 2025

    The recovery will continue in 2025 (2.8%) driven by greater competitiveness, lower oil prices, investment in renewable energy, euro depreciation, and lower inflation and interest rates. In 2026, growth will slow (1.8%) due to weaker expansion in Europe and increased uncertainty.

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    Our most recent publications

    April 7, 2025

    Latam | Economic normalization amid an uncertain environment

    The last months of 2024 gave some glimpses of the challenges Latam could face in the coming years. However, looking beyond the first quarter of 2025, some—albeit not all—of these warning signs have faded.

    April 7, 2025

    Spain | Employment on the rise, productivity slowing

    The latest Social Security enrollment figures for March come as welcome news for the Spanish economy, yet they are also a timely reminder that job creation alone is not enough in itself: we also need it to be more productive.

    April 4, 2025

    Colombia | BanRep: A welcome surprise!

    The Banco de la República kept its interest rate unchanged in March, in a context of mixed variables surrounding the decision. In the end, the Bank prioritized economic stability, offering a significant demonstration of independence and technical expertise.

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