Latam Daily | Colombian GDP growth surprises to the upside
Published on Monday, June 15, 2015 | Updated on Monday, June 15, 2015
Latam Daily | Colombian GDP growth surprises to the upside
Summary
GDP growth was above expectations at 2.8% YoY in 1Q15 led by non-tradable sectors such as construction. Meanwhile, tradable sectors didn’t perform particularly well and posted bad results. Moreover, the government deficit will stand at 3% for 2015 and 3.6% for 2016 while the oil price is expected to stand at $60/bb in 2015 with production at 1mbpd for the next eight years.
Geographies
- Geography Tags
- Latin America
- Mexico
- Brazil
- Colombia
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci