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Remarks presented at the Bear Stearns 2006 Colombia Conference.
Cartagena, June 4, 2025I would like to begin by expressing my gratitude for this opportunity to take part in this event, and extend a very special greeting to Mr. Jonathan Malagón, president of Asobancaria, Mr. Javier Suárez, chairman of its Board of Directors, all the members of the Association,…
AbstractColombia saw a drop in investment as a result of the COVID-19 shock, which resulted in a negative gap in the second quarter of 2020 of -2.8% of the GDP. In the context of the region, Peru was hardest hit, while countries such as Mexico, Chile, and Brazil suffered minor setbacks. The…
Translation available since: 2015 | Periodicity: Semesterly
In compliance with Article 5 of Law 31 of 1992, the Board of Directors of Banco de la República (the Central Bank of Colombia) submits a report to the Congress of Colombia twice a year in which it reports on the performance of the economy and its outlook. This report is submitted twice a year, in…
In 2024, the macroeconomic adjustment process continued, characterized by a sustained reduction in inflation that began in 2023 and a decline in the current account deficit of the balance of payments. This adjustment took place in the context of a contractionary monetary policy, with a gradual…
In the first months of 2025, annual inflation halted the downward trend observed in the previous year, remaining between 5.1% and 5.3%. In June, inflation declined to 4.8% showing a slow convergence towards the 3.0% target. In this context, the Colombian economy grew by 2.7% in the first quarter.…
1. Overall Results of the Balance of PaymentsDuring the third quarter of 2023, the current account of the country’s Balance of Payments registered a USD 1,680 million (m) deficit, equivalent to 1.7% of quarterly GDP. In turn, the financial account, including the change in reserve assets (USD 457 m…
1. Overall Results for the Balance of PaymentsDuring the fourth quarter of 2024, Colombia’s current account of the balance of payments registered a deficit of USD 2,240 million (m), equivalent to 2.1% of quarterly gross domestic product (GDP). In turn, the financial account, including the variation…
1. Overall results of the Balance of PaymentsDuring the second quarter of 2023, the current account of the country’s Balance of Payments registered a USD 2,524 million deficit, equivalent to 3.0% of quarterly gross domestic product (GDP). The financial account, including the change in reserve…
1. Overall Results for the Balance of PaymentsDuring the second quarter of 2024, Colombia’s current account of the balance of payments registered a deficit of USD 1,630 million (m), equivalent to 1.6% of the quarterly Gross Domestic Product (GDP). In turn, the financial account, including changes…
1. Overall Results for the Balance of PaymentsThe current account of Colombia's balance of payments registered a deficit of USD 1,924 million (m) during the first quarter of 2024, which is equivalent to 1.9% of gross domestic product (GDP) for that quarter. The financial account, including the…
1. Overall Results for the Balance of PaymentsDuring the first quarter of 2025, Colombia’s current account of the balance of payments registered a deficit of USD 2,290 million (m), equivalent to 2.2% of the quarterly Gross Domestic Product (GDP). In turn, the financial account, including the…
1. Overall Results for the Balance of PaymentsDuring the second quarter of 2025, Colombia's current account of the balance of payments registered a USD 2,595 million (m) deficit, equivalent to 2.5% of the quarterly Gross Domestic Product (GDP). In turn, the financial account, including the…
1. Overall Results for the Balance of PaymentsDuring the third quarter of 2025, Colombia’s current account of the balance of payments registered a USD 2,853 million (m) deficit, equivalent to 2.4% of the quarterly Gross Domestic Product (GDP). In turn, the financial account, including the variation…
The Internal Control Department presented a report on the status of the Bank’s internal control system during the period from January 1 to June 30, 2020. It did so in accordance with the provisions in Article 156 of Decree 2106 of 2019 issued by the Civil Service Department and the instructions and…
Since: 2005 | Periodicity: Quarterly
Since: 2012 | Until: 2022 | Periodicity: Quarterly
Since: 2017 | Periodicity: Quarterly
Los datos de la Gran encuesta integrada de hogares (GEIH) indican que, tras un periodo de contracción a fínales del año 2023, el empleo creció en todos los dominios geográficos. Este comportamiento es explicado, en particular, por el mejor desempeño de la ocupación en las otras cabeceras y el área…
Banco de la República (the Central Bank of Colombia) conducts periodic surveys to different economic agents in order to obtain their perception on different aspects of the stability of the Colombian financial system. Based on these surveys, Banco de la República prepares semiannual or annual…
Desde: 2011
The Colombian Political Constitution and Article 14 of Law 31 of 1992 of the Republic of Colombia sets forth that the central bank of Colombia, Banco de la República (the “Bank” or “BdlR”), is the administrator of the foreign reserves of the Republic of Colombia, which administration shall be made…