Colombia | Challenges the Colombian economy faces on post pandemic and global trends

Summary

Major global trends such as the aging of the population, greater digitalization and concern for the environment, among others, will bring great challenges for the Colombian economy, which is beginning its gradual recovery process.

Key points

• Key points:
• The pandemic had a significant and heterogeneous impact on the economy, but its structural strengths allow it to consolidate a rapid recovery.
• The pandemic had differentiated impacts among sectors and will shape their future in the "new normal".
• Part of the improvements in poverty and inequality indicators were lost with COVID-19, despite the government's efforts, the social starting point imposes greater challenges to the country. The pandemic had differentiated impacts among sectors and will shape their future in the "new normal".
• The recovery will be heterogeneous globally, with higher inflation and increasing challenges for central banks.

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