Published on Friday, September 6, 2019 | Updated on Friday, September 6, 2019

Challenging global and regional scenario for Colombia

As a small economy, Colombia is not immune to the reality of the global context. Short- and medium-term scenarios can be affected by exchange rate volatility, weakening investment, fiscal deficit, current account deficit and informality in the labor market.

Key points

  • Key points:
  • A more negative global environment weighs on the price of oil and global trade.
  • The exchange rate can hardly be explained based on fundamentals, such as oil and risk premiums.
  • In the medium term, it is necessary to achieve an adjustment in external and fiscal accounts and advances informality and infrastructure that tend to improve productivity.

Documents to download



New comment

Be the first to add a comment.

Load more

You may also be interested in