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Published on Friday, December 1, 2023 | Updated on Thursday, February 1, 2024

Colombia | The future is at stake: investment challenges

Summary

The slowdown of the economy is supported by a strong contraction of investment over the already weak levels reported in recent years, which is one of the main challenges for the future of the Colombian economy.

Key points

  • Key points:
  • Investment fell sharply in the pandemic, but its recovery, unlike the rest of the economy, has been slow.
  • At the current juncture, the main factors limiting good investment performance are: i.) high interest rates; ii.) low national savings rate; and iii.) economic, social and political uncertainty.
  • It is necessary to focus all efforts from the economic point of view in order to encourage investment, as this is a necessary condition to return to achieving high economic growth rates and structurally improve social conditions.

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Documents and files

Audio (MP4)

Columna-economica-20231201.mp4

Spanish - December 1, 2023

Press article (PDF)

Columna-economica-20231201.pdf

Spanish - December 1, 2023

Authors

AR
Alejandro Reyes González BBVA Research - Principal Economist
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