Colombia | From major trends to sector performance
Published on Monday, March 10, 2025 | Updated on Monday, March 10, 2025
Colombia | From major trends to sector performance
Summary
The report breaks down global and local trends affecting Colombia's economy in 2025-2026. It assesses multiple sectors using macroeconomic data and key factors shaping growth, risks, and opportunities. It provides a strategic perspective for decision-making in a changing environment.
Key points
- Key points:
- Global economic dynamics will be shaped by varying recovery trends, monetary adjustments, and trade changes. While some markets show stability, others face challenges that may impact investment and supply chain reorganization. Inflation trends and financial conditions will remain key factors influencing sectoral performance.
- At the local level, growth will progress at a stable pace, driven by consumption and industry, though with sectoral differences. Business confidence, credit access, and regulatory stability will be key factors. Public spending management, demographic shifts, and resource allocation will shape productivity and long-term sustainability, requiring strategic planning.
- Employment will continue its gradual recovery, with stronger momentum in manufacturing and services. Construction will see mixed results depending on demand and financing conditions. In trade and services, digital transformation and shifts in consumer behavior will create opportunities but also competitiveness challenges requiring adaptation.
- Productive sectors will face different realities. Industry will seek greater efficiency and digitalization, while the energy sector will adjust its investment structure. The evolution of foreign trade and access to raw materials will shape performance, while the adoption of sustainable processes will gain importance.
- The sectoral analysis shows that while some industries will maintain steady growth, others must adjust based on costs, market access, and regulations. Agribusiness will find opportunities in exports and import substitution, while tourism and entertainment will keep expanding. Innovation and adaptability to emerging trends will be essential for competitiveness and growth.
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Juana Téllez
BBVA Research - Chief Economist
Mauricio Hernández
BBVA Research - Principal Economist
Cristhian Larrahondo
BBVA Research - Economist
María Claudia Llanes
BBVA Research - Senior Economist
Inna Sophia Olarte Muñoz
BBVA Research
Laura Katherine Peña Cardozo
BBVA Research - Economist
Daniel Camilo Quintero Castro
BBVA Research - Principal Economist
Alejandro Reyes González
BBVA Research - Principal Economist