Published on Monday, June 15, 2015 | Updated on Monday, June 15, 2015
Latam Daily | Colombian GDP growth surprises to the upside
Summary
GDP growth was above expectations at 2.8% YoY in 1Q15 led by non-tradable sectors such as construction. Meanwhile, tradable sectors didn’t perform particularly well and posted bad results. Moreover, the government deficit will stand at 3% for 2015 and 3.6% for 2016 while the oil price is expected to stand at $60/bb in 2015 with production at 1mbpd for the next eight years.
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Authors
CP
Cecilia Posadas
BBVA Research - Principal Economist
ED
Enestor Dos Santos
BBVA Research - Principal Economist
JS
Jorge Selaive
JT
Juana Téllez
BBVA Research - Chief Economist
CS
Carlos Serrano
BBVA Research - Chief Economist
HP
Hugo Perea
BBVA Research - Chief Economist
AF
Alejandro Faci