Colombia | Some nuances to Colombia's growth in 2022-23. ANIF-Fedesarrollo Forum.
Published on Tuesday, March 1, 2022
Colombia | Some nuances to Colombia's growth in 2022-23. ANIF-Fedesarrollo Forum.
Colombia had a positive year-end with an annual GDP variation of 10.6%, with a growth of 11% in investment, 15% in private consumption and 12% in public consumption. In addition, final consumption represented 91% of GDP. By 2022, Colombia will be in a phase of moderate growth.
Key points
- Key points:
- Colombia has a greater capacity to face the pandemic due to vaccination, having lower health impacts and, therefore, lower economic costs.
- Bottlenecks are idiosyncratic, more persistent and are arriving in Colombia with a lag.
- The high levels of inflation are initially explained by supply-side phenomena. The increase in core inflation stands out.
- A less expansionary monetary policy is expected in the first half of 2022 and a contractionary one for the second half of the year.
Documents to download
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Presentation (PDF)
20220301-JTellez-BBVA-Research-Foro-ANIF-Fedesarrollo.pdf Spanish March 1, 2022
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis