Colombia | Reports 2019 and Projects 2020

Summary

It is time to recapitulate what 2019 left us and what we should focus on in 2020. The year that has just ended left us in terms of the global economy great episodes of volatility marked by commercial issues but also by eternal political-economic novels such as Brexit.

Key points

• Key points:
• Consumption by households is moving faster than expected due to a combination of cyclical rather than permanent factors.
• Investment behaved well, companies invested in machinery and equipment and investment in civil works remained dynamic.
• The weakness of exports is well explained by the deterioration of the global and regional economies.
• The main questions to be answered in 2020 are about the labor market.

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