Tag: GDP increase

The Colombian economy grew by 7.5% in 2022: Dane

The Colombian economy grew by 7.5% in 2022: Dane

GDP growth in 2022 was driven by trade, maintenance, transportation, storage, housing and food supply; Manufacturing industries and artistic, entertainment and recreational activities and other service activities, the total contribution of which was 4.5 percentage points. DANE’s director, Piedad Urdinola, explained that gross domestic product (GDP) growth for 2020 and 2021 was revised to remain […]

The IMF lowered the growth forecast for Colombia in 2023 to 1.1%.

The IMF lowered the growth forecast for Colombia in 2023 to 1.1%.

Colombia’s economic growth forecasts for this year have been revised downwards as a slowdown is expected. The International Monetary Fund (IMF) has cut its GDP growth forecast for Colombia in 2023 from 2.2% to 1.1%. He points out in a report on Latin America that growth will slow this year due to higher interest rates […]

The economic growth of the Caribbean coast is expected to reach 8.1% this year

The economic growth of the Caribbean coast is expected to reach 8.1% this year

With a projection of economic growth According to the Fedesarrollo Economic Prospect report, the Caribbean coast would be the second region of the country with the best GDP performance by the end of 2022 at 8.1%. Read: The dollar is rising and approaching $4,800 The document states that the regions’ growth will be between 5.4% […]

World Bank predicts Colombia will grow 7.1% by 2022

World Bank predicts Colombia will grow 7.1% by 2022

The World Bank Colombia is expected to close this year with one of the highest growth rates in Latin America at 7.1%, but a slowdown is expected before 2023, so growth would be 2.1%. The international organization presented a report with the economic outlook for Latin America and the Caribbean, showing that the countries have […]

IMF raised Colombia’s growth forecast to 5.8%

IMF raised Colombia’s growth forecast to 5.8%

The International Monetary Fund (IMF) raised its projection of economic growth for Colombia this year from 3.8% to 5.8%. This figure is also the organization’s largest increase internationally. For 2023, the country’s GDP forecast is 3.6%. “The national government points to the new forecasts and forecasts of the International Monetary Fund for the growth of […]