Publications

During the first quarter, annual headline inflation (5.6%) increased and moved further away from the 3% target. Different economic agents expect inflation to continue increasing over the remainder of the year. Economic growth has moderated, but the level of country spending remains high and…

According to the statistics from the international repository Research Papers in Economics (RePEc), Banco de la República  (the Central Bank of Colombia) reaffirms its position as a global benchmark in economic research by accounting for the majority of the most accessed authors worldwide…

This quarterly publication analyzes the evolution of the main economic variables and indicators in seven regions of the country:

This article shows that gender gaps are not only a social issue but a structural factor that constrains the country’s economic development.

María Teresa Ramírez, coordinator of this research involving 37 researchers from Banco de la República and other institutions, is the guest on Charlas…

During 2025, annual headline inflation (5.1%) stopped decreasing and remained above the 3% target, staying at a similar level to the end of 2024 (5.2%). The Colombian economy continued to grow, driven by vigorous consumption, in an environment of rising fiscal stimulus, higher household income,…

This quarterly publication analyzes the evolution of key economic variables and indicators in seven regions of the country.:

The analysis presented in this edition of the Report concludes that the Colombian financial system has shown a solid recovery in the context of greater economic dynamism. However, risks…

"According to the Official Colombian Household Survey (GEIH by its acronym in Spanish), as of August 2025, national employment continued to grow. This employment dynamics is mainly explained by improved performance in urban areas (annual growth of 3.0%), followed by other municipalities and…

This quarterly publication analyzes the evolution of key economic variables and indicators in seven regions of the country:

In 2024, Colombia’s financial infrastructure provided its services adequately, supporting the normal operation of the payment system and financial market transactions, and contributing to the preservation of financial stability.

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In the first months of 2025, annual inflation halted the downward trend observed in the previous year, remaining between 5.1% and 5.3%. In June, inflation declined to 4.8% showing a slow convergence towards the 3.0% target. In this context, the Colombian economy grew by 2.7% in the first quarter…

Catatumbo is a region located in northeastern Colombia on the border with Venezuela, which has historically been the scene of waves of violence. In recent years, it has established itself as one of the areas with the largest coca cultivation in the country. This…

Carlos Quicazán, Financial Stability Department Director of Banco de la República (the Central Bank of Colombia), presented the Financial Stability Report for the first half of 2025 on Wednesday, June 11.

The analysis presented in this edition of the Report concludes that the Colombian…

This quarterly publication analyzes the evolution of the key economic variables and indicators in seven regions of the country:

Cartagena, June 4, 2025

I would like to begin by expressing my gratitude for this opportunity to take part in this event, and extend a very special greeting to Mr. Jonathan Malagón, president of Asobancaria, Mr. Javier Suárez, chairman of its Board of Directors, all the…

Data from the official household survey in Colombia (GEIH in Spanish) show that, as of February 2025, employment continued to grow at an annual rate of 3.9%. This is primarily attributed to better employment dynamics within rural sectors, which expanded at a 4.9% rate. Regarding the dynamics and…

Inflation continued to decline but remains above the 3% target. Economic activity is gradually recovering, with strong momentum observed in the first quarter of the year. The current benchmark rate remains consistent with inflation’s convergence to the target over the next two years and a…

During the first quarter of 2025 (1Q25), global economy began to slow down, contrasting with the resilience observed in previous periods. This change was associated to new trade tensions between the US and its main partners, resulting in a downward revision of global growth expectations and an…

Cartagena,

This study analyzes the constraints faced by small farmers in Colombia in accessing formal credit. Through a literature review and an empirical analysis, it identifies frictions that constrain small farmers' access to credit by increasing costs for financial intermediaries or discouraging…