Searcher

Colombia | Some nuances to Colombia's growth in 2022-23. ANIF-Fedesarrollo Forum.

Published on Tuesday, March 1, 2022

Colombia | Some nuances to Colombia's growth in 2022-23. ANIF-Fedesarrollo Forum.

Colombia had a positive year-end with an annual GDP variation of 10.6%, with a growth of 11% in investment, 15% in private consumption and 12% in public consumption. In addition, final consumption represented 91% of GDP. By 2022, Colombia will be in a phase of moderate growth.

Key points

  • Key points:
  • Colombia has a greater capacity to face the pandemic due to vaccination, having lower health impacts and, therefore, lower economic costs.
  • Bottlenecks are idiosyncratic, more persistent and are arriving in Colombia with a lag.
  • The high levels of inflation are initially explained by supply-side phenomena. The increase in core inflation stands out.
  • A less expansionary monetary policy is expected in the first half of 2022 and a contractionary one for the second half of the year.

Associated documents for downloading

  • Presentation (PDF) 20220301-JTellez-BBVA-Research-Foro-ANIF-Fedesarrollo.pdf Spanish March 1, 2022

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in