Colombia Economic Impact Database 2024-2025: Key Indicators and Influencing Factors

This database compiles key economic indicators and principal influencing factors for Colombia's economy during 2024-2025, based on data retrieved from Perplexity.ai and its cited sources including BBVA Research, Trading Economics, CEIC Data, Deloitte, Itau, Rystad Energy, QCIntel, The Global Economy, Medellin Advisors, and ExchangeRates.

The dataset covers: GDP growth rate, inflation rate, unemployment rate, oil production (bpd), official exchange rate (COP/USD), household poverty rate, foreign exchange reserves, public debt (% of GDP), trade balance, remittances, FDI inflows, and fiscal deficit.

Key influencing factors analyzed include: Petro government fiscal and social policies, oil sector production decline, armed conflict and security, drug trafficking parallel economy, US-Colombia trade relations and FDI, dollarization debate, agricultural export performance, informal economy (~60% of workforce), and fiscal deficit pressures (5.1-7.1% of GDP in 2025).

Data period: 2024-2025 with 2023 baseline where available. Colombia showed modest GDP recovery from 1.5% in 2024 to 2.6% in 2025 amid structural headwinds including declining oil output and persistent fiscal imbalances.