Colombia Economy

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Colombia is poised for expansion in 2019 and 2020, despite some internal and external challenges that have not abated since 2018. Regionally, economic growth in 2018 outpaced giants Brazil and Mexico, but trailed the smaller, yet more dynamic economies of Chile and Peru. In May of that year Colombia was invited to become the 37th member of the...


As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in and more than 5m foreign-born persons were permanently settled in OECD countries....


In which ways is the recent fiscal reform likely to have an impact on the administration?


What is Colombia’s current economic outlook?


In May 2018 member states of the OECD formally welcomed Colombia as the 37th member of the organisation. The country is the third nation in Latin America and the Caribbean to join the group, after Mexico and Chile. The OECD has traditionally been considered an organisation for developed economies, sometimes being referred to as “the league of...


What is the country’s strategy to increase exports and foreign direct investment (FDI)?

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