Colombia | The world and Colombia

Summary

The United States faces global uncertainty in terms of trade policy, with forecasts of inflation and interest rate cuts. At the same time, the Colombian economy is recovering, with consumption driving the recovery. Unemployment rates are low and informality is on the rise.

Key points

• Key points:
• Uncertainty in US trade policy persists, according to BBVA Research's trade policy uncertainty index.
• Inflation in Colombia is gradually declining, with projections of 4.7% for 2025 and 3.8% for 2026.
• The Colombian peso shows short-term strength, with a projected depreciation by the end of the year.
• The demographic transition in Colombia is occurring faster than anticipated, with significant changes in the population pyramid.
• In the medium term, improvements are proposed in productivity, education, infrastructure, and integration into global value chains.

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