Population in Colombia
Colombia - PopulationGrowth climbed markedly last year on stronger domestic demand, although the slight upturn at year-end was weaker than expected. Entering 2019, consumer confidence regained some lost ground in January after tumbling in Q4 on uncertainty around the tax reform bill, and while the PMI slid into negative territory in January and February, the downturn is expected to be short-lived. On the political front, President Iván Duque has clawed back some popularity over his tough stand on Venezuela, after his approval ratings had plunged over the financing law. With regional elections slated for October, the four-year USD 355 billion National Development Plan sits at the top of the administration’s agenda. However, it remains to be seen whether President Duque can muscle through reforms needed to meet the ambitious fiscal targets. Of particular contention are proposals to cut gas and energy subsidies, which critics have argued that, while aimed at fiscal consolidation, would end up hurting the poorest.
Colombia - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.43||0.0 %||Mar 20|
|Exchange Rate||3,088||-0.17 %||Mar 20|
|Stock Market||13,328||-0.66 %||Mar 20|
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March 22, 2019
At its Board of Directors meeting held on 22 March, Colombia’s Central Bank (Banco de la República, BanRep) kept the benchmark interest rate at 4.25%, where it has been since 27 April 2018, when the Bank cut the rate by 25 basis points.
March 21, 2019
The Fedesarrollo consumer confidence index deteriorated in February, falling to minus 5.6 points from minus 2.8 points in January.
March 14, 2019
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 14 March, the industrial sector accelerated markedly at the year’s outset.
March 6, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.57% over the previous month in February, after a 0.60% month-on-month increase in January.
March 4, 2019
According to the National Department of Administrative Statistics (DANE), exports contracted again in January, although the rate of decline eased from the previous month.