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April 29, 2016
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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2016  2017
Real GDP 2.5 3
Consumer Prices 7.3 3.4
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Colombia: Financial Position in the Fund


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Colombia and the IMF
Updated April 16, 2016

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IMF Survey Online
April 15, 2016 -- IMF Survey : Structural Reforms Necessary, Politically Difficult
Reforms to the structure of a country’s economy to make it more productive and boost long-term growth are among the toughest to achieve, given opposition from vested interests, the rise of populism, and competing views about which reforms to undertake, when, and how.
November 24, 2015 -- IMF Survey : Designing Flexible Fiscal Regimes to Protect Revenues
Protecting the tax base of extractive industries, moving toward more responsive and flexible fiscal regimes, and improving international cooperation have become priorities in the Andean region, as commodity prices and revenues from extractive industries continue to decline, participants at a recent IMF conference heard.
June 08, 2015 -- IMF Survey : Drop in Oil Prices Poses Challenges for Colombia
The sharp drop in oil prices poses significant challenges to Colombia’s near-term outlook, but strong economic policies are expected to moderate the growth slowdown in 2015, said the IMF in its annual assessment of the Colombian economy.
May 28, 2014 -- IMF Survey : Reform Efforts to Help Sustain Growth in Colombia
A sound policy framework and skilled economic management have supported the recovery of the Colombian economy over the past year, said the IMF in its regular assessment of Latin America’s fourth largest economy.
February 04, 2013 -- IMF Survey : Colombia: Sound Policies, Reform Agenda Behind Strong Growth
Prudent economic policy management and a strong policy framework have supported Colombia’s remarkable economic performance in recent years and its resilience to adverse shocks, said the IMF in its regular assessment of Latin America’s fourth largest economy.
May 09, 2011 -- IMF Survey: IMF Approves $6.2 Billion Credit Line for Colombia
The IMF's Executive Board has approved a new $6.2 billion credit line for Colombia to provide additional protection in a still uncertain global environment and help bolster confidence in the country's ability to withstand external shocks.
May 06, 2009 -- IMF Survey: Facing Global Crisis, Latin America Now More Resilient
Economic activity in Latin America and the Caribbean is expected to contract by 1½ percent in 2009, from about 4½ percent growth in 2008, but is better prepared than in the past to face the global crisis, says the latest IMF forecast for the region.
April 21, 2009 -- IMF Survey: Colombia Seeks $10.4 Billion Credit Line from IMF
Colombia becomes the third country to seek access to a new IMF credit line for strong performing countries, requesting $10.4 billion to bolster its economy in the face of the global recession.