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Goldman Sachs

June 18, 2026

Colombia Economic Activity Update

Macro Economic IndicatorsMacro Economic IndicatorsEnergyIndustrials

Colombia's economic activity expanded by 0.3% mom in April, driven by strong services but hindered by weakness in primary and secondary sectors. Consequently, Q2 growth forecasts were upgraded to 0.8% qoq.

Key Takeaways

  • 1.Economic activity expanded by 0.3% mom sa in April, maintaining momentum into Q2.
  • 2.Growth is unbalanced with strong services offset by declines in primary and secondary sectors.
  • 3.Goldman Sachs upgraded its Q2 growth forecast for Colombia by 25bp to 0.8% qoq sa.

Table of Contents

  • Colombia: Activity Expanded Again in April; Strong Services but Weak Primary and Secondary Activities
  • KEY NUMBERS (April):
  • DETAILS:
  • Disclosure Appendix

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