Colombia’s foreign debt reaches $71.8B

Colombia’s foreign debt stands at $71.89 billion, which represents 21.8% of the country’s GDP, financial publication Portafolio reported Tuesday.

This figure from Colombia’s central bank is correct for July 2011 and shows a 4.3% increase from the previous month.

The public debt rose to $41.86 billion, which is equivalent to 12.7% of the GDP from $39.63 billion in June.

Private debt increased from $29.29 billion in June to $30,02 billion or 9.1% of the GDP in July 2011.

Related posts

Minimum wage in Colombia up 9.5% in 2025

Colombia’s congress sinks Petro’s budget finance bill

Colombia’s Senate agrees to begin decentralizing government