External Debt in Colombia

Colombia External Debt | Economic News & Forecasts

Colombia - External Debt

Available data suggests that the economy sustained a solid pace of expansion into the final quarter despite a sharp decline in oil prices. Retail sales grew robustly in October against a backdrop of weak inflation and falling unemployment, signaling stronger private consumption growth. Moreover, industrial production jumped in October and car sales also soared in the month. Survey-based data was less promising, however, with consumer confidence tumbling to a 20-month low in November and the manufacturing PMI declining throughout the quarter. On 19 December, the deeply-divided Congress passed a much watered-down tax reform bill. Most notably, the original revenue has been halved, thus forcing a freeze on COP 6.2 trillion spending in efforts to fund the COP 7.8 trillion 2019 budget without sacrificing its fiscal goals.

Colombia - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)24.1  26.6  37.7  42.4  39.6  

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Colombia External Debt Chart


Colombia External Debt
Note: External debt as % of GDP.
Source: Colombia Central Bank and Met the why particular calculations.

Colombia Facts

ValueChangeDate
Bond Yield6.800.0 %Jan 21
Exchange Rate3,127-0.17 %Jan 21
Stock Market11,674-0.66 %Jan 21

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