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     Bogotá  

    (Bogotá, D. C.; Cundinamarca)

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    Inflation would peak in March and start to gradually decline as of the second quarter of 2023, bringing inflation back to the 3% target over the next two years.

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    As of February 2022, the labor market showed signs of recovery with a sustained employment growth as seen in both household surveys and various administrative records. Different sources of information suggest that the level of employment is slightly above what it was before the pandemic. The…

  • Noticias |

    At the end of 2021, the labor market showed signs of a sluggish recovery, at a notably slower pace than economic activity. With seasonally adjusted figures from the household survey, job creation in the national aggregate saw a pause in October and November, due largely to a downturn in…

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    Employment continued to recover in the second half of 2020, after dropping sharply during the first six months of the year. However, the labor market, in general, is still extremely slack as a result of the Covid-19 health crisis, and there are major disparities between population groups and…

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    The Internal Control Department presented a report on the status of the Bank’s internal control system during the period from January 1 to June 30, 2020. It did so in accordance with the provisions in Article 156 of Decree 2106 of 2019 issued by the Civil Service Department and the instructions…

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    This document contains: i) the 2020 management report on the Bank’s leading projects and on investment budget allocation, with the respective management indicator, and ii) the Action Plan for 2021.

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    Macroeconomic Summary

    Recent data on economic activity, inflation and the job market suggest their trends have been in line with the technical staff's assessment of the state of the economy and how it is expected to evolve, characterized by a slump in demand and the persistence of…

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    After being stagnant for the first half of the year, employment grew again in July and August. This upturn in employment has been particularly marked in the intermediate municipalities and rural areas. Going by segments of national employment, non-wage employment—which had slowed down in…

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    Macroeconomic summary

    The Colombian economy sustained numerous shocks in the second quarter, primarily related to costs and supply. The majority of these shocks were unanticipated or proved more persistent than expected, interrupting the recovery in economic activity observed at the…

  • Noticias |

    Economic recovery has consistently outperformed the technical staff’s expectations following a steep decline in activity in the second quarter of 2020. At the same time, total and core inflation rates have fallen and remain at low levels, suggesting that a significant element of the…

  • Basic page |

    Pursuant to the regulation on personal data protection (Law 1266 of 2008, Law 1581 of 2012, Decree 1074 of 2015, and other regulations that modify, complement, or replace them), outlined below are the policies and general guidelines on personal data protection established by Banco de la…

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    The Colombian financial system has not suffered major structural disruptions during these months of deep economic contraction and has continued to carry out its basic functions as usual, thus facilitating the economy's response to extreme conditions. This is the result of the soundness of…

  • Noticias |

    With a score of 68 points out of 100, Banco de la República was recognized as the institution that generates the most confidence among the country's opinion leaders. This is according to the twelfth version of an opinion poll conducted by Cifras & Conceptos.

    The firm surveyed 2,004…