economy
Colombian economy may have lost momentum in April and growth is already starting to slow down
The country's economy may soon show signs of slowing down. Photo: Image generated with Artificial Intelligence.
TL;DR
- Colombian economic activity grew 2.1% annually in April 2026, down from 3.8% in March.
- Seasonally adjusted figures showed a monthly contraction of 0.8%, indicating economic cooling.
- Quarterly moving average growth was 2.3% annually, a slight improvement.
- Commerce and consumption are showing signs of slowdown, with sectorial growth at 2.9%.
- Real estate and communications sectors also showed weak growth (1.8% and 0.3% respectively).
- Agriculture (4% growth) and construction (5.2% growth) were key drivers of economic strength.
- Financial services expanded by 5.1%, and mining returned to positive growth (1.4%).
- Manufacturing grew 1.9% annually, while recreation saw 6.8% growth.
- Uncertainty factors, both external and local, continue to affect economic growth.
- Bancolombia's NowCast estimates 2.2% growth for Q1 2026, lower than the market consensus of 2.7%.