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Latin America saw a sharp decrease in both value and volume of initial public offerings (IPO), largely due to continuing economic and political turmoil in the region compounded by a climate of global economic uncertainty. Across the region in the first half of 2019, there were...

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf...

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...

Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.

South American economies "struggle in developing and retaining talent and are characterized by low levels of quality of life and reduced availability of skilled labor."

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

While still in line with central bank projects, the uptick brings year-over-year inflation to its highest level since February.

Despite the drop — from 57th in 2017 to 60th this year — Colombia's overall score in the Global Competitiveness Report actually increasing by 0.1 points to 61.6.

Though slight, the body's upward revision for Colombia comes in contrast to the IMF’s overall expectations for the global economy.