Main Reports NEW

Banco de la República is currently in the process of modernizing its Inflation Report with the goal of communicating an analysis of economic conditions and forecasts for the economy in a better way. For that reason, as of the October edition, the report will be structured as…

Find information on the economic activity of eight regions of the country during the third quarter of the year in the most recent Regional Economic Bulletins (Boletines Económicos Regionales, BER).

In March, inflation stood at 3.21% (graph A) and the average of core inflation indicators is 2.82%. These figures are lower than was expected a quarter ago and close to the 3.0% inflation target. The lower actual inflation versus the forecast is explained mainly by tradables (0.9%) and non-…

This Financial Stability Report (FSR) presents the Central Bank’s appreciation on the recent performance of credit institutions and their debtors, as well as on the main risks and vulnerabilities that could affect the financial stability of the Colombian economy. The FSR is intended to keep both…

Presentation delivered at the Luis Angel Arango Library in Bogotá on 12 August 2019, transmitted on the Institutional Channel (channel 9 on national television). During the event, the Governor pointed out the most important sections of the …

In an environment of greater restrictions to world trade and deterioration of global confidence, economic growth for the first quarter of the year in a number of emerging economies including Colombia was lower than expected, and the forecasts for 2019 decreased.

In the first…

In December 2018, inflation and all core inflation indicators fell close to the 3.0% target. Inflation expectations to one and more years are around 3.5%. The new economic activity figures for the last quarter of 2018 suggest that economic growth is still recovering from levels of output lower…

This Financial Stability Report presents the appreciation of Banco de la República (the Central Bank of Colombia) on the recent performance of credit institutions and their debtors, as well as on the main risks and vulnerabilities that could have some effect on the financial stability of the…

1. The recovery of the Colombian economy has gradually mitigated the main short-term vulnerabilities for the financial stability of the system.

2. Credit institutions maintain solid solvency and liquidity indicators, despite the reduction in profitability and the slow growth in the volume…

This is the fourth edition of a publication by the Governor of the Central Bank of Colombia, addressed to citizens, analysts, and domestic and foreign investors interested in learning about the most recent events in the Colombian economy and their implications for monetary policy decision-making…

In the third quarter of 2018, inflation rose less than expected by analysts and the Central Bank’s technical st

In this seventh edition of the Payment Systems Report, the boxes focus on three topics of interest to the industry that renders payments clearing and settlement services as well as to those taking part in them. First, the international debate revolving around the optimal capital level of Central…

Crypto-assets (CA) such as Bitcoin are digital units that can be used as a medium of payment for the exchange of goods and services, as a store of value, and as a unit of account (FATF, 2015). These assets can be stored on computer devices and transferred by the internet on a global scale…

The evolution of the Colombian economy during the first half of 2018 shows that the process of adjustment to the shocks of the last few years has consolidated simultaneously with an upturn in economic activity and improvement in consumer and entrepreneur confidence. The recent recovery has taken…