Clearing Skies: Moody’s Upgrades Colombia Outlook to Stable from Negative

10 julio 2019 / Colombia

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf senior unsecured ratings at Baa2. The short-term local and foreign-currency ratings were...

Colombia arranca el año con buenas perspectivas

11 enero 2019 / Colombia

“El firme momento de Brasil y Colombia, así como una mejora gradual en Argentina, empujará el crecimiento regional en 1,7 % en 2019 y 2,4 % en 2020”. Así lo aseguró el Banco Mundial en su Global Economic Prospects para 2019, documento en el que reveló...

GDP in Colombia: Growth accelerates in the second quarter

05 septiembre 2018 / Colombia

According to the latest GDP data released by the National Statistical Institute (DANE) on 22 August, the economy accelerated on the back of a rebound in fixed investment and a pick up in private consumption. In annual terms, GDP expanded 2.8% in the second quarter,...

ECLAC Forecasts Colombian Economy to Grow by 2.7% in 2018

31 agosto 2018 / Colombia

The Colombian economy will make a significant recovery this year, finishing 2018 with a gross domestic product growth rate of 2.7%, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). In its comprehensive mid-year report on the state of the regional...

Colombia’s economy grows more than expected in Q2

30 agosto 2017 / Colombia

A rebound in construction and retail output helped Colombia deliver better-than-expected economic growth in during the second quarter.   The country, which has been struggling to adjust to the end of an oil and mining boom, saw its economy expand 0.7 per cent during the June quarter,...

Passing the baton

14 agosto 2014 / Colombia

Colombia overtakes Peru to become the region’s fastest-growing big economy   LIMA― As he prepared to begin a second term as Colombia’s president on August 7th, the first name that Juan Manuel Santos inked in for his cabinet was Mauricio Cardenas, who keeps his job as finance...

Colombia’s Economy Grows Faster Than Expected

10 julio 2014 / Colombia

Economy Records Best First-Quarter Growth Rate Since 2007   BOGOTÁ—Colombia's economy grew at a faster pace than expected in the first quarter, as construction spending soared, likely reinforcing the central bank's resolve to keep tightening monetary policy to prevent the economy from overheating. The government's statistics agency DANE...

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