Colombia · Macroeconomics
Key Facts
—Colombia’s Q1 2026 GDP grew 2.2% year-on-year. DANE published the figure Friday May 15. Compared to Q4 2025, GDP grew 0.6% in the seasonally-adjusted series. The reading matched market expectations in the 2-2.5% range.
—Government spending was the dominant driver. Public administration, education and health together grew 5.7% — contributing 0.9 percentage points to the annual variation, more than any other sector. Public administration and defense alone expanded 8.2%. Central government spending jumped 7.8% in the quarter.
—Commerce and manufacturing rounded out the contributors. Commerce, transport and hospitality grew 2.9% (contributing 0.6 percentage points). Manufacturing grew 2.9% (contributing 0.3 percentage points). Furniture manufacturing led at 11.8%, followed by metallurgical products and petroleum refining.
