• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Recent hydrocarbons discoveries have resulted in a renewed push for exploration in the Colombian Caribbean Region, as government and energy sector stakeholders set their eyes on a series of largely unexplored onshore and offshore blocks. Barranquilla, the capital of the Atlántico department, is well placed to serve as an energy hub for a...

 

Small businesses are the backbone of Colombia’s economy, but the recent economic slowdown has hit them particularly hard. As in many other countries, micro-, small and medium-sized enterprises (MSMEs) face a range of challenges that are far less binding for larger firms that benefit from economies of scale.

 

How can Colombia further diversify its economy, and what barriers have there been to doing so?

 

What are the main aims of the recent structural tax reform, and what effect is raising value-added tax (VAT) to 19% expected to have?

 

After five decades of civil conflict between the state, FARC, the National Liberation Army (Ejército de Liberación Nacional, ELN) and other paramilitary groups, Colombia’s painstaking peace process achieved a breakthrough in 2016. Negotiations between government and FARC guerrilla representatives had been under way in Havana, Cuba, since...

 

How can Colombia better reach the goal it set for itself in becoming the third most competitive country in the region by 2032?

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