Colombia GDP Growth Rate QoQ
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.