Bogotá, Cundinamarca and Santander carried half of the housing deficit reduction in Colombia

In the case of Bogotá, the decrease was 39% Photo: AI-generated

Bogotá, Cundinamarca and Santander carried half of the housing deficit reduction in Colombia

TL;DR

  • Colombia met its National Development Plan housing goal, reducing the deficit from 30.4% in 2022 to 25.6% in 2025.
  • Over half of the progress (51%) was concentrated in three regions: Bogotá, Cundinamarca, and Santander.
  • Bogotá reduced its housing deficit by 39%, the largest decrease nationwide.
  • Regions like La Guajira, Bolívar, Córdoba, and Magdalena showed no real progress.
  • Departments with deficits over 80% in 2022, such as San Andrés and Chocó, saw increases or marginal decreases.
  • The housing deficit is divided into quantitative (lack of units) and qualitative (poor conditions).
  • The quantitative deficit in 2025 was 6.3% (1.18 million households), with a higher burden in rural areas.
  • The qualitative deficit affected 19.3% of households (3.63 million families) and saw most of the reduction.
  • Urban areas closed 2025 with a 16.5% deficit, while rural areas had 58.6%.
  • Improvements in water access were seen in rural areas, but urban access to sewage and energy worsened.
  • Camacol argues the deficit reduction was due to macro improvements (like lower interest rates) and market factors, not housing policy.
  • The Ministry of Housing's execution rate for housing improvements was low (8.6% of the target).
  • New housing starts have fallen for 36 consecutive months, risking future deficit increases.