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Colombia's Economy Grows Amid Fiscal Challenges: Consumption Drives 2.7% Q1 Expansion
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2 Articles
Colombia's Economy Grows Amid Fiscal Challenges: Consumption Drives 2.7% Q1 Expansion
Colombia’s economy expanded by 2.7% in the first quarter of 2025, surpassing analyst expectations of 2.5%, according to the National Administrative Department of Statistics (DANE). This growth marks a steady improvement from previous quarters and positions Colombia among the fastest-growing OECD economies. Private consumption remains the primary engine driving Colombia’s economic recovery, reaching a record […]
BBVA Research highlighted that private consumption will continue to grow this year and next. Photo: Valora Analitik BBVA Research projects that the Colombian economy will grow 2.3% in 2025 and 2.7% in 2026, supported by domestic demand and boasted by private consumption, according to the Colombia Situation report. Recommended: Relaxing trade policy in the US would improve global economic growth, according to BNP Paribas These figures show a redu…
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