IMF Staff Country Reports

Colombia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia

September 29, 2025

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Colombia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia", IMF Staff Country Reports 2025, 280 (2025), accessed 12/5/2025, https://doi.org/10.5089/9798229025713.002

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Summary

Colombia enters a pre-electoral year amid a mixed economic backdrop.
Economic growth has strengthened somewhat while inflation is gradually falling, aided
by appropriately tight monetary policy. Widening fiscal deficit and rising debt levels have
led to elevated sovereign spreads and private investment remains weak amid lingering
concerns and uncertainties over the direction of policies.

Subject: External debt, Fiscal policy, Fiscal stance, Public debt, Revenue administration

Keywords: Colombia's currency, Fiscal stance, Global, headline inflation, inflation expectation, mineral asset account, program assessment-Colombia