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//Economy
Satellite sea surface temperature departure in the Pacific Ocean for the month of October 2015, where darker orange-red colors are above normal temperatures and are indicative of El Niño. (Image credit: NOAA)
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El Niño Warming Patterns Signal Operational Risks for Colombian Power and Agriculture

Pacific warming patterns suggest a 61% chance of El Niño by July, posing significant supply chain and power price risks for Colombia.
Posted On April 10, 2026
, By Loren Moss
Housing construction costs rose by 4.77% in Colombia in 2017. (Credit: Jared Wade)
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Bancolombia NowCast Index Signals Colombia Economic Slowdown in First Quarter

Bancolombia's NowCast data reveals a cooling economy as construction and communications sectors face contraction in early 2026.
Posted On April 8, 2026
, By Loren Moss
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S&P Global Ratings Downgrades Colombia to BB- Amid Fiscal Concerns

S&P Global Ratings lowers Colombia's credit rating to BB- as persistent deficits and policy shifts challenge economic stability in 2026.
Posted On April 8, 2026
, By Loren Moss
Bancolombia (photo © Loren Moss)
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Bancolombia Forecasts April Trading Range Following 2.1% Appreciation of the COP<

Bancolombia projects an April range of $3,625 COP for the peso following a 2.1% March gain and Brent crude’s rise to $118 USD per barrel.<
Posted On April 6, 2026
, By Loren Moss
Photo 1. Germán Ávila, Colombia’s finance minister, speaks at a press conference announcing his decision. Photo courtesy of the Finance Ministry.
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Colombia’s Finance Minister Leaves Central Bank Meeting Over Rate Increase, Fueling Tensions

Finance Minister Germán Ávila walked out of a central bank board meeting, accusing it of going against Colombia’s national interests and deepening institutional tensions.
Posted On April 3, 2026
, By Jadin Samit Vergara
Photo 1. Implementation of the Great Integrated Household Survey (GEIH) in Quibdó, Chocó. Photo courtesy of DANE.
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Colombia Unemployment Drops to 9.2% in February, Lowest Since 2001

Colombia’s unemployment rate dropped to 9.2% in February from 10.3% a year earlier, marking the lowest level for the month since 2001.
Posted On April 3, 2026
, By Jadin Samit Vergara
Chart based on data from Grupo Cibest & the Banco de la República.
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Colombia’s Central Bank to Lift Interest Rates Amid Inflationary Pressure

The Colombian central bank adjusts its stance as global energy instability and persistent internal pressures drive inflation concerns.
Posted On March 30, 2026
, By Loren Moss
first data bancolombia colombia (Photo credit: Jared Wade)
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Bancolombia: Colombia Inflation Rises to 5.3% Under Indexation Pressures

Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories
Posted On February 14, 2026
, By Loren Moss
Photo credit: Loren Moss
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Colombian Council of State Suspends 23% Minimum Wage Increase for 2026

Colombian President Gustavo Petro's decreed 23% raise in the country's minimum wage may now be rescinded for failing to follow laws mandating limits for such measures.
Posted On February 14, 2026
, By Loren Moss
Medellín's Ruta-N business incubater viewed from over the University of Antioquia (photo courtesy ACI Medellín)
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Academic Study Reveals That A High Dependence By Colombian Cities On The Central Government Limits Fiscal Autonomy

The Javierana University study highlighted that Colombian municipalities depend upon the national government for roughly 50% of revenues.
Posted On December 3, 2025
, By Loren Moss
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