## Colombia: Staff Report for the 2015 Article IV Consultation

_IMF Staff Country Reports, June 8, 2015_

## Source details

**Canonical URL:** [Colombia: Staff Report for the 2015 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/colombia-staff-report-for-the-2015-article-iv-consultation-42980)

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## Bibliographic details
- Published: June 8, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513530215.002

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### Summary findings
- Colombia experienced strong growth over the past several years, described as among the highest in Latin America.
- Credible fiscal and inflation targeting frameworks supported sound macroeconomic policy management and underpinned robust economic performance during the last decade.
- Social indicators improved steadily over this period.
- Public debt remained low.
- The current account deficit widened to 5.2 percent in 2014, while capital inflows were buoyant.

### Growth outlook and drivers
- Growth is expected to gradually rise toward its potential over the medium term.
- Projected support for growth includes:
  - the government’s public–private partnership-based infrastructure program
  - a gradual recovery in oil prices and external demand

### Subject areas and keywords (as listed)
- Subject: Commodities, Economic sectors, External debt, Oil, Oil prices, Prices, Public debt, Public sector
- Keywords: Central America, CR, deficit, Europe, Global, government, house price growth, inflation expectation, inflation targeting framework, ISCR, monetary policy stance, Oil, oil price decline, Oil prices, Public sector

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/colombia-staff-report-for-the-2015-article-iv-consultation-42980_