Unemployment in Colombia

Colombia Unemployment | Economic News & Forecasts

Colombia - Unemployment

Available indicators point to a loss of pace in the first quarter. Retail sales growth decelerated in January, as soaring unemployment and downbeat consumer sentiment in January–February likely weighed on household consumption. Moreover, although industrial production rebounded in January, the manufacturing PMI remained in contractionary terrain throughout Q1. In addition, exports fell again in January on sliding oil prices and a decline in coal production, although bounced back in February. On the other hand, fixed investment growth likely improved in January, reflected by a solid upturn in imports of capital and intermediate goods. Meanwhile, the Ministry of Finance unveiled the results of the independent Fiscal Rule Committee, which gave the government some extra room to alleviate rising pressures on the budget from the growing influx of Venezuelans.

Colombia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate9.6  9.1  8.9  9.2  9.4  

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Colombia Unemployment Chart

Colombia Unemployment
Note: Unemployment in % of active population.
Source: Statistical Institute (DANE).

Colombia Facts

Bond Yield6.350.0 %Apr 12
Exchange Rate3,116-0.17 %Apr 12
Stock Market13,130-0.66 %Apr 12

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