Finance Colombia » capital economics

President Juan Manuel Santos welcomes his successor, Iván Duque, to the Casa de Nariño. (Photo credit: Presidencia de la República / Nelson Cárdenas, SIG)

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Colombian President Iván Duque Takes Office in a Divided Nation with a Recovering Economy

While the peace process and divisive politics in Bogotá will be thornier issues, Duque's management of the fiscal deficit will prove tricky even amid rising GDP growth rates.

Posted On August 8, 2018

, By Jared Wade

Colombian peso Colombia peso Colombia inflation (Credit: Jared Wade)

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Colombian Economy Grew by 2.2% in the First Quarter of 2018

This quarterly GDP growth represents an uptick from the meager 1.8% full-year growth in 2017 and is well above the 1.3% growth in the first quarter of 2017.

Posted On May 16, 2018

, By Jared Wade

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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.

Posted On February 4, 2018

, By Jared Wade

colombia central bank colombia inflation banco de la republica inflation colombia interest rate banco de la republica

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Colombian Central Bank Surprises Market by Cutting Interest Rate by 25 Basis Points to 5.0%

The move continues a year-long rate-cutting trend but surprised a market that expected the Banco de la República to leave the rate steady.

Posted On October 27, 2017

, By Jared Wade

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No Intervention: Colombian Central Bank Makes No Cut for First Time Since January, Holds Interest Rate Steady at 5.25%

The bank left the door open for a future rate cut, saying that the interest rate is now "close to its neutral level, although there is uncertainty about that level."

Posted On September 29, 2017

, By Jared Wade

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