Colombia’s peso has lost 20% of its value against the dollar so far this year, which is threatening the government’s budget. The most recent devaluation of Colombia’s currency made the…
Colombia’s external debt continues to balloon at a pace far more rapid than the country’s GDP growth, according to the central bank.
Colombia’s central bank announced on Monday that as of October last year the nation’s external debt has reached $90.4 billion, or 24% of the country’s Gross Domestic Product (GDP).
Colombia’s foreign debt increased again this year, reaching over $76.4 billion which represents a 6.3% rise against this time in 2011. Figures from the Banco de la Republica show that…
Colombia’s foreign debt reached $61.8 in September, the country’s Central Bank announced Monday. According to the report, $23.4 billion of this debt is private and $38.4 is public. The debt…
Colombia’s foreign debt, measured in relation to economic output, inched higher in July from a year earlier, fueled by an increase in private-sector bond sales. Colombia’s total foreign debt, including…
Colombia’s foreign debt stood at $53.31 billion in November last year, equivalent to 23.1% of GDP, according to new Central Bank statistics. This is the highest level since 2006, when…
Colombia’s foreign debt increased both in absolute terms and as a percentage of the gross domestic product (GDP), due to increased government debt. Total foreign debt rose to US$51.2 billion,…
Colombia’s foreign debt reached US$46.509 billion in June, equivalent to 21.1% of the nation’s gross domestic product. This shows an increase of 2 per cent from June 2008, when the…