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Analysis by Region - Emerging Markets - Colombia

Publisher Oxford Economics
Published Aug 29, 2025
Length 9 Pages
SKU # OFE20418438

Description

We have lowered our 2025 GDP growth forecast for Colombia by 0.2ppts to 2.6% y/y after Q2 GDP growth came below the figure implied by monthly activity figures and consumer spending was flat despite strong retail sales growth. However, we view this as a temporary disappointment and have raised our 2026 GDP growth forecast by 0.3ppts to 3.2% y/y.

Table of Contents

9 Pages
Colombia: Weak Q2 GDP print belies strength in domestic demand
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Debt Sustainability Analysis
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments
Economic policy and politics

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