Colombia Economic Snapshot

Reform Priorities - July 2019

Post-COVID integration of Colombia in the world economy

Policy note: VAT compensation for vulnerable households recently implemented in Colombia

24 October 2019 - Economic Survey of Colombia

Colombia has made good economic and social progress over the last two decades. Sound macroeconomic policies boosted confidence, which together with favourable demographics and external conditions underpinned resilient economic growth. This has contributed to higher living standards, and, together with improving access to education and social transfers, brought significant social improvements. Poverty has fallen markedly in recent years, while progress in reducing inequality has been more muted. On 25 May 2018, Colombia was invited to become a member of the OECD.

Executive Summary


Further Survey material