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Category

//Economy
Working woman.
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Colombia Announces Significant Minimum Wage Increase for 2025

The Colombian government announced an increase in the minimum wage for 2025.
Posted On January 14, 2025
, By Abdikarim Gulleid
Rainy day - photo: Loren Moss
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What Jumps Out : A Face For Radio

Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.
Posted On November 25, 2024
, By Rupert Stebbings
avocado colombia hass colombian avocados USDA import world avocado association
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Colombia’s Non-Mining Exports Grow 8.3% Through September, Reaching $16.1 Billion

Exports to the USA rose by 8.6%, while Mexico and Venezuela saw increases of 22.5% and 47.4%, respectively.
Posted On November 11, 2024
, By Loren Moss
Minister Ricardo Bonilla. Photo by MinHacienda
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What Jumps Out… Seven Days, Seven Questions

Even without reform debates in Congress, there’s been a lot happening.
Posted On November 11, 2024
, By Rupert Stebbings
Photo courtesy of Colombia's Ministry of Commerce, Industry and Tourism
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Colombia’s Manufacturing Production Shows Signs of Recovery in July

Of the 14 departments included in the survey, 10 recorded positive production growth.
Posted On October 29, 2024
, By Loren Moss
A banana truck in Caldas, Colombia (Photo: Loren Moss)
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Non-Mining Exports From Colombia Continue Growth in 2024, Up 7.4% Through August

Sales to the United States grew by 6.9%, while exports to Mexico surged by 20.7% and Venezuela by 46.3%.
Posted On October 10, 2024
, By Loren Moss
Photo: Bank of the Republic
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What Jumps Out: ’50 bps… Are you kidding me?’

Inflation fell more than expected in August to 6.1% (5.5% core), and the Central Bank hasn't met since the end of July.
Posted On October 10, 2024
, By Rupert Stebbings
Ajiaco (Photo: Loren Moss)
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Agricultural Imports Into Colombia Decline for July 2024

The reduction is largely due to declines in key imports such as corn (-45.4%), soybean meal (-34.7%), and wheat (-37.3%).
Posted On October 6, 2024
, By Loren Moss
The Galerias farmer's market in Rionegro, Antioquia (photo: Loren Moss)
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Colombian Agricultural Product Prices See Significant Declines in August

These price fluctuations are largely attributed to an increase in supply due to weather and regional harvests.
Posted On September 24, 2024
, By Loren Moss
Cartagena Colombia - photo credit Loren Moss
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Fitch Keeps Cartagena’s Credit at AA(col) and F1+

Though Cartagena's risk profile has weakened, the city still appears able to service outstanding debt according to covenants.
Posted On September 23, 2024
, By Loren Moss
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