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Country Economic Forecasts > Colombia

  • March 2017
  • -
  • Oxford Economics
  • -
  • 8 pages

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GDP grew by 2.0% in 2016, slightly less than we had expected (2.1%), and data for economic activity and industrial output show an economy starting the new year on a weak footing. However, we still expect a modest acceleration of economic activity in 2017, led by a rebound in investment and an acceleration of domestic demand towards the end of the year, as inflation continues to fall and credit conditions ease. We now expect GDP growth of 2.3% this year, down from 2.5% previously.

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