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October 1, 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.
August 22, 2024
Colombia's GDP grew 2.1% year-on-year in Q2 2024, exceeding the 0.8% growth in Q1. Domestic demand and investment showed signs of recovery, with household consumption up 1.5% and investment up 4.3%. A 1.8% growth is expected for 2024.
December 26, 2023
Christmas changes Colombians' consumption habits. In this opinion column we look at what the official DANE figures and our BBVA Big Data Consumption Tracker data say about household spending trends in December.
March 29, 2023
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November 7, 2022
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September 28, 2022
Una mañana, tras un sueño intranquilo, Gregorio Samsa se despertó convertido en un monstruoso insecto. Estaba echado de espaldas sobre un duro caparazón y, al alzar la cabeza, vio su vientre convexo y oscuro, surcado por curvadas callosidades, sobre el que casi no se aguantaba la colcha, que estaba a punto de escurrirse has
June 9, 2022
La Ley de Crecimiento tiene algunas medidas positivas para la formalización de la economía y acerca el estatuto tributario a estándares internacionales. Sin embargo, se queda corta en mejorar la carga entre empresas y personas y consolidar mayor y mejor recaudo, a la vez que mantiene y extiende exenciones.
November 23, 2021
In the third quarter, GDP maintained a good dynamic, growing 13.2% in annual terms and 5.7% compared to the second quarter. Private consumption was at 107% of its pre-pandemic level and public consumption remains strong thanks to spending associated with the vaccination program.
October 11, 2021
Consumer spending growth stabilises at August levels in most countries, but with mixed movements by sector of activity. E-commerce maintains the pace of growth in almost all geographies, while the use of cash is losing ground. Spending on services outpaces spending on goods.
May 12, 2020
An unprecedented monthly fall in employment of 7% or 1.6 million people was observed in March. The sectors that contributed the most to the fall in employment were retail and entertainment-related activities. Most of the jobs lost were of employees in private companies
April 28, 2020
Colombian GDP will contract around 3% in 2020, as a result of COVID-19 and oil price reduction. Due to confinement, sectors will reduce output with effects on employment and social indicators. Inflation will moderate driven by a weak demand and despite the exchange rate depreciation. The central bank will reduce rates.
