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October 1, 2024

Colombia Economic Outlook. October 2024

Domestic demand will lead Colombia’s economic recovery, driven by improved financial conditions that will strengthen consumption and investment. This will provide a significant boost to sectors such as manufacturing and retail. In the long run, increasing investment will be essential to raise the country’s growth potential.

July 15, 2024

Spain | The challenge of productivity and full employment

Spain faces two problems hindering its per capita income convergence toward the EU level: unemployment and low productivity growth.

July 12, 2024

Colombia | The gender of informality

The labor informality rate in Colombia is higher for men (58%) than for women (53%), unlike other countries in the region. However, in specific subgroups like educational level and rural areas, women are more informal. Policies should focus on formality as a means to combat poverty.

June 24, 2024

Spain | Aging and convergence

Despite higher recent GDP growth, the productivity of the Spanish economy has been falling behind that of the EU, making convergence in per capita income difficult. The projections of the Ageing Report 2024 do not foresee any improvement in the outlook.

June 13, 2024

Colombia Economic Outlook. June 2024

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.

March 7, 2024

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Colombia Economic Outlook. March 2024

Improved financial conditions for households and businesses, facilitated by anticipated lower interest rates and inflation, will pave the way for a gradual economic recovery in Colombia throughout 2024, solidifying by 2025. We project a 1.5% GDP growth in 2024 and a further expansion of 2.8% in 2025.

December 6, 2023

Colombia Economic Outlook. December 2023

The Colombian economy will grow 1.5% in 2024 and 2.3% in 2025. Private consumption, in the same two years, will grow at rates of 2.2% and 3.0%, respectively. And fixed investment will move from negative (-2.0% in 2024) to positive figures (6.2% in 2025).

November 27, 2023

Spain | A labor market in transition

The latest Observatory published by BBVA Research, FEDEA and the Sagardoy Foundation shows a labor market in transition in Spain. Job creation continues, but at a significantly slower pace than in the first half of the year.