Although Colombia’s unemployment rate (UR) has declined in recent years, it remains high in the international context. The most recent…
BanRep Blog
In each publication you will find easy-to-read articles related to the Colombian and global economy, and to the management of Banco de la República (the Central Bank of Colombia).
BanRep Blog: Performance and Outlook of the Colombian Economy
As usual, we devote the last Blog of the year to provide a preliminary assessment of the performance of the Colombian economy over the year about…
BanRep Blog: The Inflation Target and its Importance for Price Stability
Inflation is the generalized and sustained increase in the prices of goods and services. When inflation is high, money loses its value rapidly,…
BanRep Blog: Why has the Performance of Interest Rates on Government Bonds been so Different from the Policy Interest Rate since 2024?
Since early 2024, interest rates on long-term Colombian government debt bonds, hereafter referred to as government bonds, have been increasing.…
BanRep Blog: Policy Interest Rate as a Response to High Inflation
Banco de la República’s policy interest rate is currently 9.25%. The policy interest rate serves as the benchmark that the Bank…
BanRep Blog: Financial and Real Impacts of the Wealth Tax on SMEs
Tax authorities in both advanced and emerging economies have resorted to tax wealth as a tool to increase tax revenues, replace other taxes,…























