๐ Colombia Countries Intelligence
Colombia's economy is estimated to have grown +2.3% in 2026, with inflation at 5.9% and unemployment at 9.0%. Government debt stands at 60.9% of GDP, and the budget balance is -5.2% of GDP.
Economic Indicators
GDP (nominal)
$539.5bn
2026 est.
GDP Growth
+2.3%
2026 est.
Inflation Rate
5.9%
2026 est.
Interest Rate
12.0%
2026 est.
Jobless Rate
9.0%
2026 est.
Gov. Budget Balance
-5.2%
2026 est.
Debt / GDP
60.9%
2026 est.
Current Account
-2.5%
2026 est.
Population
53.4M
2026 est.
Main Economic Activity
Services 58.5%
2025, % of GDP
Agriculture
9.9%
Manufacturing
9.9%
Services
58.5%
Natural resource rents
5.3%
Source: World Bank Open Data (value added / resource rents, % of GDP). Agriculture, Manufacturing and Services are named sub-categories; Natural resource rents (gold bar) is a separate accounting concept that overlaps with the others rather than adding to 100% of GDP.
Sovereign Credit Ratings
S&P
BB
Fitch
BB
Moody's
Baa2
Source: Wikipedia โ List of countries by credit rating. NR = not rated by that agency.
โก 6 Effects Interpreter โ Synthesis
๐World Economy
- โถColombia's growth trend feeds modestly into regional trade flows.
- โถColombia's external balance stays close to equilibrium.
๐๏ธLocal Economy
- โถElevated joblessness weighs on household spending and confidence.
- โถInflation is running at a moderate, manageable pace.
๐ฆRates & Banks
- โถThe benchmark lending rate sits near 12.0%, shaping the cost of mortgages and business loans.
- โถPublic debt levels leave a moderate amount of policy room.
โค๏ธHealth
- โถPersistently high unemployment is linked to greater strain on mental health and healthcare demand.
- โถPublic-health funding is shaped by the government budget balance shown above.
๐ทWealth
- โถSavings are keeping pace reasonably well with the cost of living.
- โถA large budget deficit raises the medium-term risk of future tax rises.
๐ Housing
- โถElevated interest rates make new mortgages notably more expensive.
- โถHousing demand broadly tracks the pace of overall economic growth.
Synthesis generated by the News Effects 6 Effects Interpreter's rule-based engine from the real indicators above. Indicators: IMF DataMapper & World Bank Open Data.