LatAm Daily | In Colombia current account deficit in 1Q15 in Colombia stood at 7% of GDP
Published on Wednesday, July 1, 2015
LatAm Daily | In Colombia current account deficit in 1Q15 in Colombia stood at 7% of GDP
Summary
The financing of the CC deficit was 55% covered by FDI. Fiscal data in Brazil reinforce our view that meeting the target for 2015 is now almost impossible. We consider it likely that Brazil will revise downwards its primary surplus target. Figures for activity and labour in Chile remain weak, but in contrast, the labour market remains resilient in Colombia.
Geographies
- Geography Tags
- Latin America
- Colombia
- Brazil
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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