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Macro - Country Economic Forecasts - Colombia

Publisher Oxford Economics
Published May 01, 2025
Length 6 Pages
SKU # OFE20029117

Description

We have raised our 2025 GDP growth forecast for Colombia by 0.2ppts to 2.2%. Although the February ISE print saw momentum slowing for a second consecutive month, upside surprises to growth since the turn of the year imply a strong Q1 GDP figure. However, US reciprocal tariffs will cool exports and activity. Our 2026 GDP growth forecast is down 0.8ppts to 2.2% y/y.

Table of Contents

6 Pages
Colombia: Economy will be shielded from direct US tariff impacts
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Economic policy and politics

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