Analysis by Region - Emerging Markets - Colombia

Analysis by Region - Emerging Markets - Colombia

We have cut our 2023 GDP growth forecast by 0.1ppt to 0.9% after GDP fell in Q2 by a more-than-expected 1% q/q, as the effects of high inflation and monetary policy tightening materialised a bit sooner than we thought. This, in turn, points to a milder correction during the second half of the year. The resulting carry-over means that we have raised our 2024 growth forecast to 0.1% from -0.9%.

Colombia: Output slump in L2 signals start of a recession
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Economic Policy and Politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings