Colombian economy would have grown 2.1% in the first quarter of the year: NowCast Bancolombia

In the first quarter, the economy would have grown 2.1%. Photo: Courtesy: Bancolombia

Colombian economy would have grown 2.1% in the first quarter of the year: NowCast Bancolombia

TL;DR

  • Colombia's economy is projected to grow 2.1% annually in Q1 2026.
  • This growth rate is lower than previous quarters and market expectations.
  • Several sectors, including trade, industry, recreation, real estate, and finance, are decelerating.
  • Public administration, agriculture, and mining experienced acceleration.
  • The construction sector contracted by 2.3%, and communications by 0.4%.