Projections for Colombia: Recalculating

TL;DR

Colombia's economy grew 2.6% in 2025, with dynamic private and public consumption but declining investment.
Investment has remained at 17% of GDP for three years, the lowest in the region, a 5 percentage point drop since 2019.
High regulatory risks in strategic sectors are cited as a major cause for weak investment.
A 23.7% increase in the minimum wage is expected to negatively impact the labor market, potentially leading to up to 600,000 formal job losses.
Consumer confidence fell in low-income segments in January.
Inflation is now projected to be between 6-7% by year-end, up from a previous 4.6% forecast.
The economic growth forecast for 2026 has been revised down to 2.5%.
Future growth from 2027 onwards will require pro-investment policies and clear, stable rules of the game.

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