Latin America's fourth-largest economy, Colombia has experienced tremendous growth, primarily as a result of an increase in exports of commodities such as oil, coal, and coffee. The services sector accounts for 53% of Colombia's GDP and includes such activities as financing, insurance, real estate, and business services; community, social, and personal services; trade, repairs, restaurants and hotels and transportation, warehousing, and communication. Manufacturing, mining, and quarrying account for 20% of total wealth. Other sectors include government (10%), agriculture, hunting, forestry, and fishing (6.3%), construction (6%), and power, gas, and water distribution (4%).

A higher than expected figure should be seen as positive (bullish) for the COP while a lower than expected figure should be seen as negative (bearish) for the COP.

Source:  Dane, Colombia
Category:  GDP Growth Rate
Units:  Percent
Details
Impact: Low
Country:
Currency: COP
Latest Release
Previous: 0.2%
Consensus: 0.5%
Actual: -0.2%
Next Release
Date: May 15, 16:00
Time left: 8 days
Consensus: 0.5%