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By components, spending on goods fell (-)1.4%, while spending on services fell (-)1.0%; the slowdown in retail sales is consistent with the lower dynamism that formal employment has shown in recent months, given the deceleration in the industrial sector
This report examines the trends in U.S. development aid, focusing on the share allocated to Latin America and the Caribbean. It also analyzes how resources have been directed towards environmental issues, comparing the approaches of Presidents Trump and Biden.
The Historical Balance of Public Sector Borrowing Requirements (HBPSBR) was 47.2% of GDP at the end of the first semester. We anticipate that this balance will be 50.8% by year-end.
The indebtedness of the private sector remains below that of peer countries, though signs of deterioration in NPL ratios started to be seen. Banks’ FC liquid assets are solid enough to cover their ST external debt. FC credit evolution and swap …
There is still no clear indication of a severe slowdown in the labor market, though it has weakened more than it initially appears. The slower rate of job creation, coupled with frequent downward adjustments to monthly employment figures, sugge…
Filter all of our publications to find the ones about the geography you are most interested in.
Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
Colombia has great tourism potential. The arrival of tourists from abroad is growing dynamically at the same time that Colombians have increased their domestic travels. The growth of tourism is very beneficial, which makes it necessary to continue building a medium-term strategy for sustainable tourism.
After two weeks of strong acceleration, the weekly growth of FX-adjusted credits decelerated sharply on the 2nd week of August from almost 1% increase to 0.1%.
A fiscal consolidation that would imply a public deficit of 3.0% of GDP (-3.5% of PSBR) is expected for next year, which would occur with a primary surplus and financial cost of 0.4% and 3.4% of GDP, respectively.
Colombia's GDP grew 2.1% year-on-year in Q2 2024, exceeding the 0.8% growth in Q1. Domestic demand and investment showed signs of recovery, with household consumption up 1.5% and investment up 4.3%. A 1.8% growth is expected for 2024.
GDP grew 0.21% year-on-year in June, below market expectations. By productive sectors, both the primary and non-primary components moderated compared to the previous month.
