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Andres Felipe Medina Grass
Andres Felipe Medina Grass
BBVA Research - Senior Economist

Andrés Felipe Works as a Senior Economist at BBVA research. He manages macroeconomic  topics such as External sector, labor market and so on.

Andrés Felipe possess a degree in economics from Universidad Nacional de Colombia – Sede Bogotá and is currently studing a Master in economics and Economic development in the same University.

His labor experience relates to private sector, Colombia´s central bank and Departamento Nacional de Planeación. In the Latter, he contributed in the methodologic hardening of a Public spend evaluation tool.

Latest publications

Colombia's economic growth will begin to accelerate gradually during the second half of the year. Domestic demand is expected to consolidate by 2025. Growth is projected at 1.8% in 2024 and 2.8% in 2025. Inflation will continue to decrease, enabling the Central Bank to expedite rate cuts from the end of the year.
In the first quarter of 2024, the current account deficit represented 2.0% of GDP, decreasing 1.7 pps compared to the first quarter of 2023. The reduction in the deficit was partly explained by a trade deficit that narrowed from 2.8% of GDP in the first quarter of 2023 to 2.0% in the same period of 2024.
Credit expansion has consolidated several months of timid growth and decreases, explained by supply and demand factors. Strengthening the payment capacity of households and companies, in a scenario of accelerating economic activity, will be key to reactivate the demand for credit.