economy

May 8, 2026

Colombia lost momentum and failed in investment: fell to last place compared to Peru, Chile, and Brazil

Investment in Colombia continues to move through private credit. Photo: ChatGPT Image

Colombia lost momentum and failed in investment: fell to last place compared to Peru, Chile, and Brazil

TL;DR

  • Colombia has dropped to the last position in regional investment compared to Peru, Chile, and Brazil.
  • Investment in Colombia fell from 23.4% of GDP in 2015 to 15.2% in 2025, the most significant decline among analyzed economies.
  • Country risk has increased since 2021, making financing more expensive for both public and private sectors.
  • Higher interest rates mean a larger portion of the budget must be allocated to debt interest payments, reducing funds for public investment.
  • Colombia's economic growth advantage over Chile, Peru, and Brazil has disappeared between 2022 and 2025.
  • Increased country risk and economic uncertainty reduce investment profitability and private investment levels.
  • Colombia faces the risk of a mutually reinforcing cycle of high financing costs and low investment, potentially reducing future growth capacity.