Blog BanRep

The beef market in 2021

In 2021, the price of beef grew about 31% and, as of February 2022, has seen an additional growth of more than 4.0%. As can be seen from Graph 1,…

Changes in Income Inequality in Colombia between 2010 and 2019

After a period of growing income inequality at the end of the 20th century, Colombia began the 21st century with a decline in the Gini coefficient…

Cash and Electronic Payments During the Pandemic

The COVID-19 pandemic significantly altered the way merchants do business.  Preventive confinement, health restrictions and fear of contagion…

Population Aging and the Costs of the Pension System

Population aging poses a serious challenge to the Colombian pension system. Graph 1, taken from the document…

Internationalization and Colombia's Foreign Trade: Diagnostic Coincidences

The Internationalization Mission convened by the National Government with the participation of renowned international…

The effects of Part-Time Social Security Contributions on the Colombian Labor Market

In 2014, Decree 2616 introduced a change in regulation that lowered payroll taxes for low-income, part-time workers in Colombia. The reform made…