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Published on Monday, December 16, 2019

Colombia responds well to complex environment but more is needed

The world became more complex for all in economic terms because of the increase in trade tensions between the great powers. Uncertainties that negatively affected the financial markets generating great volatilities in the stock markets, as well as in the debt and currency markets at a global level.

Key points

  • Key points:
  • Colombia has not been oblivious to anything but faced this more complex world well and managed to consolidate an orderly and gradual economic recovery.
  • In Colombia, private consumption has been the protagonist of the recovery. However, it is difficult to reconcile this improvement with the deterioration of the labor market.
  • Colombia has not been oblivious to the slowdown in world growth. Exports have not been able to consolidate structural improvement.
  • Colombia has a pending task of searching for products that are attractive to the external buyer and that are accompanied by improvements in logistics and inland transportation rates.

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