Category: Service Industries
Colombia Service Industries
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Analysis by Region - Emerging Markets - Colombia
... following a stronger than expected performance in Q1 2023 that was backed by resilient domestic demand. We also believe a recession will take place in Q2 and Q3 rather than in Q1 of this year. Read More
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Industry - Country Industry Forecasts - Colombia
Industry - Country Industry Forecasts - Colombia Industrial production (manufacturing, extraction and utilities) is forecast to decline less than economic growth in 2023, falling by 0.8%, picking up to 1.1% growth in 2024. Read More
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Colombia B2C Ecommerce Market Opportunities Databook – 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2023 Update
... 2023 Update According to PayNXT360’s, B2C Ecommerce market in Colombia is expected to grow by 9.96% on annual basis to reach US$13.3 billion in 2023._x000C__x000C_The Medium to long-term growth story of B2C Ecommerce industry in ... Read More
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Colombia Cards and Payments - Opportunities and Risks to 2026
... industry. It provides values and volumes for a number of key performance indicators in the industry including cash, cards, direct debit and cheques during the review-period (2018-22e). The report also analyzes various payment card markets ... Read More
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Colombia Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics - Q1 2023 Update
... payment industry in Colombia has recorded strong growth over the last four quarters, supported by increased ecommerce penetration. According to PayNXT360, BNPL payments in the country are expected to grow by 55.1% on an annual ... Read More
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Financial Cards and Payments in Colombia
... constant value growth will be much lower. In 2022, soaring oil prices caused by the war in Ukraine have benefitted the economy, but global inflation is also feeding into high inflation in Colombia, with a ... Read More
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Credit Cards in Colombia
... cards are expected to register further current value growth, though constant value is actually expected to fall, as high inflation cuts into profit margins. The number of cards in circulation is expected to increase, but ... Read More
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Pre-Paid Cards in Colombia
... terms of the numbers of cards in circulation, there is expected to a significant decline in open loop cards, as other emerging payments tools compete with open loop cards in particular. In terms of closed ... Read More
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Debit Cards in Colombia
... are also registering higher growth than any other payment card in Colombia, as consumers continue to shift from cash to card payments. Debit card have also made significant improvement in terms of security in recently ... Read More
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Store Cards in Colombia
... cards and prefer to use pre-paid, credit or debit cards. Furthermore, merchants and financial institutions are actively launching co-branded credit cards. Co-branded credit cards traditionally were mainly offered by hotels and airlines but other retailers ... Read More
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Consumer Lending in Colombia
... the population as of December 2021, and restrictions were loosened. Lacking coordinated efforts from federal policies, state governments started dropping restrictions and mask obligation, with varying and ever-changing recommendations, according to the number of new ... Read More
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Colombia Insurance Industry - Governance, Risk and Compliance
... detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance ... Read More
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Colombia Life Insurance Market Size, Trends by Line of Business (Pension, General Annuity, Life PA&H and Others), Distribution Channel, Competitive Landscape and Forecast, 2022-2026
... of Business (Pension, General Annuity, Life PA&H and Others), Distribution Channel, Competitive Landscape and Forecast, 2022-2026’ report provides in-depth market analysis, information, and insights into the Colombian life insurance segment. The report provides a detailed ... Read More
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Colombia General Insurance Market Size, Trends by Line of Business (Personal and Health, Property, Motor, Marine, Aviation and Transit Insurance, and Miscellaneous), Distribution Channel, Competitive Landscape and Forecast, 2022-2026
... Market Size, Trends by Line of Business (Personal and Health, Property, Motor, Marine, Aviation and Transit Insurance, and Miscellaneous), Distribution Channel, Competitive Landscape and Forecast, 2022-2026’ report provides in-depth market analysis, information, and insights into ... Read More
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Colombia Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits,
... 2022 Update Summary Colombia has a basic social security system with low coverage and participation. The country’s social insurance system was initially introduced for public sector employee groups only. Private sector employees secured coverage in ... Read More
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Colombia Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2022 Update
... 2022 Update Summary Colombia has a basic social security system with low coverage and participation. The country’s social insurance system was initially introduced for public sector employee groups only. Private sector employees secured coverage in ... Read More
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Colombia Business Outlook
... of nearly 4% for over 50 years. Since then, continuous inflows of foreign direct investment have buoyed job creation and economic progress. The Colombian government remains committed to attracting foreign investment and developing private enterprise. ... Read More
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Country Review Colombia
... a given country's history, economy, government, political landscape including foreign policy orientation, business and investment climate, socio-cultural scene including key demographic features, and pertinent environmental issues. The Country Reviews are updated annually, although there are ... Read More
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Analysis by Region - Emerging Markets
Analysis by Region - Emerging Markets A consumer recession is almost inevitable in Chile and Colombia due to overheating domestic demand combined with the need to simultaneously tighten fiscal and monetary policy. Read More
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Latin America B2C E-Commerce and Online Payment Country Profiles 2022
... grow further The Latin American region will be growing further in terms of B2C E-Commerce sales as well as M-Commerce sales. A forecast cited in this yStats.com report projects a significant increase in total E-Commerce ... Read More
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Analysis by Region - Emerging Markets - Colombia
... likely to experience a technical recession this year, on the back of a sharper tightening in domestic and foreign financial conditions. We expect the fading of fiscal stimulus to hit activity momentum hard in the ... Read More
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Colombia PESTLE Insights - A Macroeconomic Outlook Report
... utilities (20.4%), according to GlobalData. In nominal terms, the three sectors are forecast to grow by 7.6%, 5.9% and 5.6%, respectively, in 2022. Bogota, Cali and Medellin are among the best performing cities of Colombia. ... Read More
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Colombia In-depth PESTLE Insights
... trend analysis. Synopsis Understand the political system in Colombia through analysis of key figures in the country and governance indicators. Understand the economic situation in Colombia through a balanced assessment of core macroeconomic issues. Understand ... Read More
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Macro - Country Economic Forecasts - Colombia
... have supported Colombian growth so far this year. Our 2022 growth forecast stands at 3.8%, from 3.6% last month, as we postpone an expected correction from economic overheating after last year's policy-induced two-digit output jump. Read More
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Colombia Banks Market Summary, Competitive Analysis and Forecast, 2017-2026
... profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The banks industry profile comprises activities of banks and similar institutions, offering savings, ... Read More
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