GDP Growth Rate Overview
Colombia's National Statistics Office (DANE) announced on August 15 that the real GDP growth rate for Q2 2025 (April-June) was 2.1% year-on-year.
Industry Performance by Sector
Growth-Leading Industries:
- Commerce: 5.6% growth (air transport achieving 14.0% high growth)
- Arts and Entertainment: 7.5% growth
- Public Administration and Defense: 1.8% growth
- Agriculture, Forestry and Fisheries: Overall 3.8% growth
Agriculture, Forestry and Fisheries Detailed Trends:
- Fishing and Aquaculture: 25.0% significant growth
- Coffee Cultivation: Minus 15.8% sharp decline (reversal from high growth since Q2 2024)
Negative Growth Industries:
- Mining: Minus 10.2% (metal mineral extraction minus 20.0%)
- Construction: Minus 3.5% (residential and non-residential buildings minus 9.7%)
Demand Component Analysis
Private Final Consumption Expenditure: 3.7% growth
- Furniture and Household Goods: 7.6% high growth
- Recreation and Culture: 7.2% high growth
- All expenditure categories recorded positive growth
Other Demand Components:
- Government Final Consumption Expenditure: 3.9% growth
- Gross Domestic Fixed Capital Formation: 1.7% growth
Business Community Assessment and Concerns
National Association of Industrialists (ANDI) President Bruce McMaster referenced the situation where policy rates have been maintained at 9.25% since May. He analyzed that amid inflation deceleration not reaching expected pace, fiscal imbalances, high exchange rate volatility, and uncertainty about the outlook continue to generate persistent inflationary pressures.
Impact on Investment Environment
These structural economic problems are reflected in declining investment levels and are seen as threatening factors for future growth. While Colombia's economy maintains moderate growth, challenges remain for sustainable growth.