Regional Economic Bulletin: Bogotá, fourth quarter of 2025

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The Regional Economic Bulletin is published by the Regional Economies Section of the Technical and Economic Information Department at Banco de la República. The views and potential errors are the sole responsibility of the authors and do not compromise Banco de la República or its Board of Directors. 

During the fourth quarter of 2025, the main economic activities in the Bogotá-Cundinamarca region showed a positive year-over-year performance. Domestic demand maintained its dynamic, reflecting the increase in retail sales and imports of consumer goods, with hybrid and electric vehicles and technology products standing out. Manufacturing registered slight growth, despite the increase in imports of inputs destined for production, which was not fully reflected in this activity. As for the construction sector, civil works in the city continued to progress; however, the areas under construction within building projects continued to contract, although at a slower pace. In Bogotá, inflation declined slightly and remained above the national average, while unemployment and informality decreased.

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Real retail sales grew in the region and surpassed the national average, although they slowed down. Higher income, the appreciation of the Colombian peso, and improved credit conditions boosted the consumption of durable goods. Sales of food and beverages led this positive performance, followed by the automotive sector due to higher sales of hybrid and electric vehicles.


Regional manufacturing grew slightly, above the national average, supported by chemicals, pharmaceuticals, and textiles in Bogotá and by food and beverages in Cundinamarca. This dynamism was driven by greater external demand and product launches ahead of the holiday season. Industrial confidence improved due to higher output expectations and lower inventory levels, although constrained by weak order volumes.


The region showed less deterioration in the built area indicator. New housing sales increased, supported by local government subsidy programs. In Bogotá, infrastructure works advanced with interventions related to the construction of the metro system.