Searcher

Colombia

Colombia latest publications

More recent Most read

Sort our publications chronologically from newest to oldest, regardless of geography and/or topic matter.

Sort publications according to the number of time reads by our users, regardless of geography and/or topic matter.

Banrep's Board maintained the pace of rate cuts of the last meetings, with a 50bp reduction in June, accumulating a total of 200bp since it began its downward rate cycle in December 2023. The decision was split, with 4 members in favor of the 50bp reduction, two members in favor of a 75bp reduction.

There are a wide number of important economic indicators that are not broadly disseminated when we refer to the economic situation and its forecasts. In this opportunity, we will focus on the most relevant macroeconomic balances: external and fiscal.

The Colombian economy is cycling towards recovery, with projections of moderate growth. Increasing investment and improving infrastructure are needed to accelerate the pace. Seizing local and external opportunities is crucial. Public-private co…

The BBVA Forum is a quarterly event aimed at the bank's clients. In each edition, we present a summary of our global and national economic outlook as a contribution to their short- and medium-term financial decisions.

Banca de las Oportunidades recently published its 2023 financial inclusion report. According to the report, in 2023, Colombia reached almost universal financial inclusion. However, its credit inclusion is still low.

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 May, monthly inflation was 0.43% and annual inflation was 7.16%, close to market analysts' expectations, according to Banco de la República's survey (0.41%) and below our forecast (0.51%).

DANE published departmental GDP figures for 2023. It is noteworthy that, despite the good growth performance of some departments, there are large regional disparities, which are mainly evidenced in the share of national GDP, contribution to tot…

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 …

In April, the national unemployment rate was 10.6%, similar to a year ago and, seasonally adjusted, lower than in March 2024. The April rate results are due to the good performance of employment, which to some extent was due to the higher numbe…

In Colombia, the results on food security were published, and despite the decrease in the percentage of households with food insecurity, the deterioration of employment, high food prices and increases in services and rents, reduce the chances of major improvements in this indicator, at least in 2024.

Colombia's economy grapples with recovery challenges. Proposing an infrastructure plan to link regions, cut logistic costs, and drive housing, business hubs, and energy projects. Public-private collaboration is paramount.