International Reserves in Colombia

Colombia International Reserves | Economic News & Forecasts

Colombia - International Reserves

Growth accelerated to a four-year high in the third quarter, contrasting the Q2’s slowdown. Robust domestic demand drove Q3’s expansion. Household spending rose at a faster clip compared to Q2 on the back of sturdy remittance inflows and credit growth, rising real wages and migration inflows from Venezuela. Moreover, fixed investment growth quickened in Q3 amid buoyant business sentiment and VAT deductions on investment in machinery and equipment. That said, the external sector dragged on overall growth in Q3 as export growth lost pace while imports surged. Meanwhile, Colombians have taken to the streets recently in widespread anti-government protests. The protests have quickly turned violent, while meetings between President Duque and protest leaders have failed to produce any breakthrough. Duque has promised to hold a national dialogue with all social stakeholders to address these issues; however, this has so far been met with skepticism.

Colombia - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)43.6  47.3  46.7  46.7  47.6  

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Colombia International Reserves Chart

Colombia International Reserves
Note: International reserves in months of imports.
Source: Colombia Central Bank and FocusEconomics calculations.

Colombia Facts

Bond Yield6.060.0 %Nov 21
Exchange Rate3,421-0.17 %Nov 21

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