economy
Fitch Ratings elevates Barranquilla to AAA(col), the highest financial rating in Colombia
Barranquilla invested more than US$380 million in green infrastructure. Photo: Courtesy World Economic Forum
TL;DR
- Barranquilla received the highest financial rating in Colombia, AAA(col), from Fitch Ratings.
- The city moved up from a previous rating of AA(col).
- This upgrade signifies improved financial capacity and responsible public resource management.
- Key factors for the upgrade include increased revenue collection, 90% completion of development plan projects, and ordered debt refinancing.
- Barranquilla was the second city with the highest increase in air passengers in February 2026, indicating tourism and business growth.
- A AAA(col) rating means the city has a high capacity to meet financial obligations with low risk for lenders and investors.
- The stable outlook suggests no changes to the rating are expected in the next 12-18 months.